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raining planes Monday, November 12 2001
The way planes continue raining down from the skies, I'm reminded of the most dire Y2K predictions of 1999, particularly that one Simpsons episode where Homer brings on a Y2K-fueled end of the world. As soon as I heard the news, I bought some Southwest Airline stock. This stock market stuff is easy: wait for bad news and immediately buy the stocks affected, then sit around and wait for the bad news not to be so bad.
By the time evening had come, I'd received a double helping of things being better than expected. Firstly, the plane crash looked to be an accident and not a terrorist attacked. Secondly, the rag-tag Northern Alliance managed to take over the Afghan capitol of Kabul. I made $200 in the resulting stock rally.
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