Replies to post #131 on BioMarin Pharmaceutical Inc. (BMRN)

[fearfrost]

Terrorist attacks definitely worry me a lot too. It's really bad, because unlike just personally picking a stock that sucks, an attack is something completely out of my hands. Situation you cant control or predict are the worst. One things for sure though, is that the market can recover from attacks (ie: 9/11), and probably offer great buying opportunities after the initial scare/slide has stabilized. Well, for now, Ill just be praying that nothing like that happens, and that BMRN does well.

Tomorrow I am buying more BMRN if it gaps up or trends up throughout the day. If that happens the TA indicators I am watching will be screaming "BUY"... and americanbulls candlesticking said buy today so I think it will happen. First large investment in options, here I come...

If BMRN gaps down or trends down throughout the day, I am going to be waiting until the TA conditions are right...

[sirlarrywildeman]

Aiming4, welcome to the board. Good to hear other opinions! I have to say, however, that building a portfolio or planning your investments around a potential terrorist attack in the US is probably a bit much. Not only will it happen sooner or later, IT DID, and the markets tanked big time. And you know what, it took all of five weeks for the Dow to get back to its close on Sept 10, 2001 and only eight weeks to pass that level for good.

As FF pointed out, you can't really worry about acts of God, so to speak. Your planning for things like terrorist attacks might be to keep, say, 40% or 50% of your money on the sidelines when political tensions might be rising as opposed to only 10% or 15% when you think everything is a-ok.

The .com blow-up and the 9-11 attacks are two totally different things.