Will Sandy Depress The Market?

It was closed most likely to prevent a massive sell off from initial panic aside from the fact it was being flooded. My guess would be the backups are for long term damage to the NYSE site, if its only a day or two theyll just close and reopen shortly.

Have you seen any improvements in the last few days or still trying to pick up the pieces from the flooding?

I could not imagine being minus power for multi weeks in the cooling fall....

I noticed gas prices are falling as we'll- via 3.14 per gallon my last fill up a two days back....

This is either a direct connect to oil falling or maybe the big button pushers realizing these people in this storm path can't deal with off the chart gas prices to boot....

My prayers with them all- cruel unforgiving world. It always has been always will be....

Well the effects of Sandy are still pretty bad here in NJ. We are expecting a another storm on Wednesday. Many people are not only out of power, they are stranded where they are. Gas is in short supply in the northern portion of the state and not expected to recify today. It seems that the odd/even still has great lines. My thoughts are that we all MUST be PREPARED.
First I would if I had it all to do over, not be living here in NJ due to its densely populated areas.
Aside from that most nessary items are in short supply. Many can't even get out due to trees, poles and power lines being down. I am in a small town and have been lucky and only had 2 days without power. A tree fell in front of my house across the street, again lucky the town did come by and chip it the day after the storm. I live near a hospital and the tree was in front of a fire hydrant. These circumstances I'm sure lead to its removal so quickly. Many poles, trees etc are in the streets around me just not total blocking. I have lived here all my life and while some towns nearby usually are flooded, that is about the worst here for my entire life. There are preparers and those people, while having difficult times, at least have food/water and other necessary items. Cash (what some what to have gone) of course is necessary. Most gas stations only are taking it. Some smaller stores as well. There were quite a few difficulties with cell service, phones that are cable or fios all out. I have a true hard line phone with one of those corded phones. Well, it worked! I had to call Verizon since the line had been detached from the house, all the idiot on the phone did was sing the praises of how great Fios is! Well those phones did not work! Nor did the cordless. She was making me sick. I told her that if I had Fios, I wouldn't be talking to her because the neighbors as well as family members did not. Cell service was very sparse especially in the shore areas. Text, at times worked. Most of the cell issues seem to have been fixed. There are also short supplies of food in the grocery stores near me and we were NOT really that badly hit. I can imagine what it is like in the truly hardest hit areas. I have been in contact with a friend at the shore (lives inland though) Beach areas are just not there any more for the most part in the central NJ beach areas Sandy Hook south to Seaside Park if looking at a map. Generators are great for a short outage. This has past that. If it were me and I could solar backup is the way to go. Depending on a fuel that you cannot just go pick off the ground doesn't work all the time as many are finding out. Gas shortages and even natural gas turned off in some places. Plus all are flamable. A friend of mine had CO detectors going off and the unit was outside. I did say it should be at least 20-30 ft from the house but the weather so windy and rainy they kept it closer to the house. Even though all windows were covered still came in so they turned off. I know I am rambling but typing here is not quite as easy for order as listing on paper and looking at it and adding order. Well, I will keep you updated on the storm as I can. As for the stock market being closed. That whole area of NYC was under water and no power. I know there were 'plans ' to keep it going no matter what and I think at first they were going to do the electronic trading but decided against that. With such chaos, it probably was for the best. The internet was not working well either. Electronics work well when working but when they don't complete mess. Paper backup at least might be a good idea. Look at even our medical records on the computers/internet. Before they used to be just in our dr. office for the most part. Technology is great but a double edge sword.

We should all learn to be prepared.

Luckly I live an hour north of the city. It seems just out of the range of the storm. My town didnt even lose power, Although many houses in the immediata area did lose power for a few days. t hasbeen over a week since the storm andpeople in monroe, harriman are still without power. This is about 25 min south of me. Gas supplies are still short but gas is finally begining to trickle back into the area.

The new news is that a noreaster is supposed to hit on wednesday. In this area and the area that was hardest hit by the storm it is supposed to be cold and rainy. the snow line ends about an hour north. I feel so sorry for those who are still without power and some who have even lost their house. I hpe everyone is safe.

It is times like these that show the importance of prepping for a disaster. It shows us how easy it is for us as humans to becom so disorinted that it is difficult to survive. PMs are not the only thing needed, guns eiter, because they do little good without food water, and a way to stay warm.

Good luck to all who have been affected by the storm.

All the backup systems are probably at area 51

Thank you for all the prayers and nice thoughts. It is cold here tonight and there are about 1 million (Households total all states) still without power. They along with those losing all need prayers and help. Supposedly FEMA is paying for all or most losses. What ever that means. I don't apply for that not much in actual loss. We shall see how that actually unfolds. A friend had quite a bit of losses from Irene and nothng in $$ just tons of paperwork Not that I think the govt should but they promise and make You think it