It isn't that at all. The black boxes that do the majority of the trading have no emotions -- no fear -- and the software algorithms that drive them are unaware. The fact that some human speculators continued to speculate -- well, that's more indicative of extreme complacency than any kind of courageous response. Out of complacency come panics when the mood changes and the denial ends.
To me, the best indication of American's lack of intimidation will be continued tourist visits to London. Alternatively, and I expect this, many cancellations will occur.
"To me, the best indication of American's lack of intimidation will be continued tourist visits to London. Alternatively, and I expect this, many cancellations will occur."
Your probably right. I would think it would be the right timing to go to London, it will be cheaper getting over there.