Monday, March 2, 2009

STAY LONG at 3/2/2009 close

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 dumping a gallon of saline into the Forecast Monkey's IV drip, then tickling him until he had "an accident" and finally measuring the viscosity of his evacuated fluids.

Statistics for the Forecast Monkey's predictions through the last market close:

30 wins out of 54 attempts = 56% success rate

Timespan Return Average

Total 30% N/A

2009 YTD 4.9% N/A

20 days -18.7% 15.7%

10 days -19.7% 5.7%

5 days -5.5% 2.9%

1 day -4.67% 0.57%

I am pleased to report the Forecast Monkey continues his impressive losing streak, and by today's close, I am hoping he will be in the negative for 2009. We had a long string of disappointments early this year as the Forecast Monkey inexplicably won over and over again, but the Forecast Monkey seems to be finally showing potential as the losing machine we knew he could be.

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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