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 letting the forecast monkey sniff glue while drawing on stock charts with crayons.
Statistics for the Forecast Monkey's predictions through the last market close:
Average success rate: 72%
Worst draw-down ever: -9.1% (12/30/2008 to 1/2/2009)
Total return: +31%
10-day return: +8.9% (Avg: +4.9%)
5-day return: +6.8% (Avg: +4.4%)
1-day return: +0.30% (Avg: +1.13%)
I beg of you not to use this silly forecast in real-life trading. These predictions are for ENTERTAINMENT PURPOSES ONLY.
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