Fear of Radiation Exposure Overdone
At least that is what most experts continue to report. Market keeps getting crushed despite most of the experts downplaying all the risks on radiation. Use your own judgement on the risk of a radiation crisis in Japan, but the risks seem a lot lower then the panic on the street. Naturally I wouldn't want to hang around within 50 miles of the Fukushima plant and take even a 5% risk, but that doesn't mean investors should flee stocks. Whats absurd today is the market swooned on reports from a EU energy minister called the situations a 'catastrophe'. Though he was only throwing in his conjecture of the whole situation the market took it to mean a radiation catastrophe was just starting. Now we're hearing news that the Japanese utility has just about got a new power line to the location that could hopefully turn the cooling system back on. The new remains fluid, but the Chernobyl situation doesn't appear on the table and if so stocks are very cheap. Watch the T...