Will earthquake & tsunami in Japan attack the stock market?

Firstly, my sincere sympathy and condolences to the all the victims in the giant earthquake & tsunami. The 8.9 magnitude quake and tsunami had killed hundreds of people. When i first heard that news, i felt that natural disaster happen more and more often now, and is hardly for human kind to avoid. And as a human being, i felt the sympathy for Japan. At that moment, there is no difference between races, countries & etc.

When the earthquake news out, KLSE stock market started to going down ~1.5%. And there was one stock that i eyed for sometimes dropped ~6%. With the tempting price, i bought in immediately with the asking price. Why? Don't i worry of the world economy? Won't the earthquake impact on the stock market?

For me, Japan government is an expert in disaster control and relief mission, especially in earthquake. I believe it will impact Japan economy, but not for long term and it won't be a major impact. And is not an incident that will pull down the global economy.

Considering above factors, i didn't hesitate to buy in the stock that eyed for some times. With the reasonable price, and buying in a good stock which i think is undervalue, is the strategy that can been used no matter what market it is.

Even that the market will crash next Monday, I'm not really worry with the stock on hand, as i know they are good stock that already under value. However, probably is a good chance for me to buy in more of those good stocks. :)

I didn't update any news about stock picking this week. Initially i planned to write today, but this morning I'm not able to access some websites. So stay tune, i will update about one good stock that i already bought it tomorrow.