Market Analysis for Sep 1st, 2004
For today's Mid-Day Minute, Mike writes: Event risk is back!! Check this out...13:07 Fox News reports mass casualty incident in building in Washington DC... AP reports that several dozen people have been sickened in a downtown office building, in what is being deemed by DC Fire and EMS as a "mass casualty" accident. A triage has been set up near the building at 1990 "I" Street, NW.
SINCE THEN, BLOOMBERG HAS ISSUED A STORY THAT THE "INCIDENT" WAS IN FACT A PRANK.
Have a look how this unsubstantiated rumor-story has impacted the hourly chart of the QQQ's...
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