For the 72-hour period beginning 12:50 PM PST, Forecast Monkey says SELL the S&P500 (Sell any other holdings and buy Ultrabear fund or SDS shares).
Today's prediction was reached by having the forecast monkey push a lever up or down, and giving him cocaine when his lever movements matched the stock market.
Statistics for the Forecast Monkey's predictions through yesterday's close:
Average success rate: 86%
Total return: +17%
1 week return: +8%
Yesterday's return: -4.23%
I beg of you not to use this silly forecast in real-life trading. These predictions are for ENTERTAINMENT PURPOSES ONLY.
Friday, December 19, 2008
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