The selling of gas related stocks today would have to be the bigest joke I have ever seen.
If investors bothered to think about it they would realize that gas is set to rise significantly on japans energy neads.
Been waching cnn news and it has been said that japan will nead 5% of the worlds gas and 21% of the worlds gas if they shut down the rest of the reactors.
If I was living in japan I would be protesting in the streets that the reactors all be shut down,and what will this mean for the rest of the worlds reactors?
Japans problems are the catalist of many protests arround the world and energy problems over the next few years imo.
I can see gas prices potentialy doubleing this year and much more over the next 5 years.
And for oil and gas related stocks,sp rises of 10 or more fold is a posibility now imo.
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