Tuesday, June 16, 2009

Stock Market Prediction: Take Two

Ok, Here goes my second prediction on the stock market. Back in October I predicted the DJIA would fall to 7,500 within 30 days. It did lose 481 points during that period, but wasn't as bad as I had predicted. But I did note that on March 6, 2009, it was only ~100 points from my previously rediculous sounding prediction. I figure my timing is a bit off.

So here's my second go. In the next 90 days (including the 90th day...a larger time frame to account for my inaccuracy) the DJIA will drop to or below 6,500 at least once.

Today's close was: 8,612.13

I guess we'll see on 9/14/2009 or sooner.

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