EOD Rally prediction 12/1/08

Ah look at that now. Looks like Im wrong so far...Dow is down 500 points now.

Interesting what you say about human behavior. Actually whenever i make predictions and keep them to myself...they almost always come true. Seems like when i post them for the world to see, it will happen exactly the opposite of what i say. Good thing I dont daytrade anymore and i hold all my positions for months now.
 
This is looking more and more like the elusive 10% category you spoke of.

Quote from peilthetraveler:

Because 90% of the time, when the dow is down right from the start of the day and then stays flat all day, it almost ALWAYS goes up end of day. Basically no real economic reason other than everyone sees the dow has been flat all day and expects a rally end of day, but everyone is waiting for it to get started before they jump on board.


Oh i should state that the dow is down about 400 points as of this post so if we close down only 100 then i get bragging rights for 2 minutes before this post gets completely forgotten about.
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I think if you are dumb enough to make an entire topic with your not thought out at all call and it's wrong, then you should automatically be added to everyone's ignore list.

That's what I think.
 
Quote from peilthetraveler:

Because 90% of the time, when the dow is down right from the start of the day and then stays flat all day, it almost ALWAYS goes up end of day.
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90% of the time, it almost always goes up.

LOL!

Is today included in 10% of the time, or is it an outlier of almost always?

LOL!

Osorico
 
Boy i sure called that one wrong huh? Hope not too many of you followed that call. Down almost 700 points now....if I didnt wait so long, i would've gone back and edited my first post and said "Put a stop loss if the dow goes down to -425"
 
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