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Originally Posted by Team Sergeant
How would a "Shock & Awe 2.0" on iran affect the markets?
This trading may be "mislabeled" for a reason. Personally I'd be purchasing shares in the companies that produce JDAMS and other guided missiles, we might be in short supply soon.  |
Once the public had heard of news that SOF forces had touched their feet in the sand of the Panjshir Valley, Afghan shares of Halliburton were being traded in large blocks by both long funds and hedge funds.
I was New York City until the following Monday after 9/11. I awoke my assistant at her home early in the morning by cell phone to instuct her to place short sells on all long held airlines positions held in my clients book. Some decided to sell their long positions outright, and others shorted against the box.
Any publicly held shares of stock even remotely related to defense stocks were being purchased en masse in the weeks following the attacks.