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Dave, no, not what I was talking about. I just think it’s in poor taste to think of ways to make money off of a tragedy. The stocks you said to buy were in the construction and pipe line business, and I’m guessing the events in Japan are going to make those corps more profitable. Sorry if I got the wrong impression.
You’re just a little ray of sunshine in all our lives, lech. : P
Slope, put me on that straight and single list for JB. my ring will be off hence I’ll be single the moment I step thru them doors
well at least all the annoying new luxury waterfront condos would get hit first in a tsunami. maybe at least provide a bit of a buffer zone? could you imagine all the looting that will go down tho?
*rob*
Sweet dreams everyone.
You’re welcome.
“What damage would a mega tsunami cause?
No coastline in the North Atlantic would be spared. Britain, France, Spain and Portugal would all be badly hit North Africa would be hit by 100 metre waves, but the main wave would travel west. It would storm across the Atlantic in hours, hitting the Caribbean and Brazil badly. However, the real damage would be to the East coast of the USA.
By the time it had travelled the 4000 miles to America the wave would be lower and wider. It would now be just 50 metres high but many kilometres long, allowing it to sweep up to 20 miles in land, destroying everything in its path. Boston, New York and Miami would virtually be wiped off the map. Skyscrapers would be bulldozed as if they weren’t there. Bridges would be ripped from their foundations. And virtually every human in these cities would be killed.”
“But huge landslides and the mega-tsunami that they cause are extremely rare – the last one happened 4,000 years ago on the island of Réunion. The growing concern is that the ideal conditions for just such a landslide – and consequent mega-tsunami – now exist on the island of La Palma in the Canaries. In 1949 the southern volcano on the island erupted. During the eruption an enormous crack appeared across one side of the volcano, as the western half slipped a few metres towards the Atlantic before stopping in its tracks. Although the volcano presents no danger while it is quiescent, scientists believe the western flank will give way completely during some future eruption on the summit of the volcano. In other words, any time in the next few thousand years a huge section of southern La Palma, weighing 500 thousand million tonnes, will fall into the Atlantic ocean.
What will happen when the volcano on La Palma collapses? Scientists predict that it will generate a wave that will be almost inconceivably destructive, far bigger than anything ever witnessed in modern times. It will surge across the entire Atlantic in a matter of hours, engulfing the whole US east coast, sweeping away everything in its path up to 20km inland. Boston would be hit first, followed by New York, then all the way down the coast to Miami and the Caribbean.”
Why would a tsunami start in the Canary islands?
I would never pass on a name if it were illiquid and we were buying it. Personally I can trade for my own account in large liquid names even the same day we might be buying for the funds.
If that’s what you are talking about.