What Terrorists?

I was hit with the news of a foiled terrorist plot, when I turned on my morning news show. Uh, oh! It was going to be a tough day on Wall Street. For some reason, traders took it in stride and managed to make it an all green day. Strange. Concern about air travel, along with BP's announcement to hold off on the shut down of its line, caused oil to drop more than $2 a barrel. Add in a report that mortgage rates were at a 3 month low, and suddenly, it was a good day for stocks. So, what does the stock market convey in the short run? Confusion, I think, which is why I'll stick to my long-term strategy. Dow +48.19 NASDAQ +11.46 S&P 500 +5.86