I believe a trader should always be prepared for the worst case scenario and am doing research on various intra marketplace and product hedges and profit opportunities in the case of a man made or natural disaster. Chances are in our lifetime (depending on your age, I am 35) there will be another event that will have equal or greater in impact on our markets than 9/11 and want to be prepared. Does anyone have any links, articles, research that deals with such scenarios and appropriate intra market and product hedges across financial, interest, energy, etc. and their respective marketplaces?
in disaster scenarios correlations between almost every asset class go up (ie. everyone sells). Money is put into the safe havens of gold and short term securities like tbills.