For the 24-hour period beginning 12:50 PM PST, Forecast Monkey says BUY the S&P500 (Continue to hold Ultrabull fund or SSO shares).
Today's prediction was reached by implanting electrodes in the Forecast Monkey's brain so that his subconscious could control a computer mouse to make a prediction.
Statistics for the Forecast Monkey's predictions through the last market close:
Average success rate: 71%
Worst draw-down ever: -9.1% (12/30/2008 to 1/2/2009)
Total return: +30%
10-day return: +5.3% (Avg: +4.7%)
5-day return: +7.1% (Avg: +4.3%)
1-day return: +6.65% (Avg: +1.16%)
I beg of you not to use this silly forecast in real-life trading. These predictions are for ENTERTAINMENT PURPOSES ONLY.