Sandy & Stock Market

[Deleted]

Do you think the Stock Market is going to nose dive if Sandy wrecks havoc, especially havoc/lots of damage in NYC?

One article I read said that the market could be closed for days if enough water screws with all the electrical "plumbing" in NYC --

I don't remember what happened after Katrina and the NYSE...

I just hope this storm does not do a lot of damage and people are following evacuation orders! Safety first!

[Deleted]

I should have bought Home Depot stock on Friday...

[sillygoosegirl]

I'm wondering this too. I went to start my 401k rollover process today (been meaning to do it for ages), and realized the market is closed for the hurricane. I fear my sell order could be one of many waiting for the market to reopen; and it could well rebound by the time my check gets to Vanguard... Of course, it could be awesome to sell before the market slumps and buy back at the bottom, but it seems like it corrects itself pretty fast from this kind of stuff these days.

Think I'm gonna put this off yet again.