Wednesday, November 19, 2008

ONE RIGHT. Now, that didn't take long, did it?

When, on May 14, I first predicted the stock market crash, the Dow Jones closed at 12,993.

On November 14, the last market day before my prediction that “We've got some plummet still to come,” it closed at 8,479.

Today, November 19, it closed at 7,997. That’s just under 5,000 points lower than my original prediction and nearly 500 (482) below my three-days-young prediction.

I don’t like it but I guess things happen that way. At least this time, they did.

— jules

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