Waiting for the Wall Street Crunch

Market-watchers agree: When trading resumes, stocks are likely to take a dive. What to do? If your nerves are up to it, sit tight

Here's our best advice to investors in the wake of the terrorist attacks that, on Sept. 11, destroyed the twin towers of the World Trade Center and threw the financial world, at least temporarily, into a state of panic: Forget about stocks for awhile. A tragedy of this magnitude always makes it imperative to think about something other than money. And, more fundamentally, there's little chance that most investors can do much to protect their portfolios from whatever is going to happen in the markets in the short term.

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