Well, my DJIA prediction expires tomorrow...and since that's Saturday, I guess it's up today. The DJIA closed today at 8,497.31. On 10/16/2008 when I made the prediction it closed at 8,979.26.
That's only a 481.95 point loss for the last 30 days.
Truly, I'm at a loss. Could my predictive powers be so bad? Or is it perhaps that the government is manipulating the DJIA and the S&P 500 every time it looks like it's going to tank?
It does seem like every time the market makes some huge drop (like 11/13/2008's -554.11 drop) it makes a remarkable close up the next day (11/14/2008's 324.88 jump). Hmmm.
Could it be bargain hunters? Or could it be the Treasury/FED monster propping up the dead?
Either way, you heard it here first.
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