On January 21st, we had a whole thread of people preparing for doom the next day, or at least imminently. James Brown said we were "teetering on the brink" and he was "going short."
I said they were wrong, and not to panic.
The market closed at 11,969 the next day. For the next five months, with the exception of three days in March where it dipped to 11,740, the market wasclosing higher than that every day, peaking out at over 13,000. Only on June 20th did it eventually dip to 11,842, and go down from there to where it is now, 11,100.
Who was right on that thread, and who was wrong? Are we applying the same flexible chronological prediction standards to the war in Iraq? That might be handy for me.
I'm glad you're having fun scouring old threads, but you might want to be careful. You stand a better than even chance of making yourself look like a dork, not me.
Current Events » in reply to He STILL is...
We seem to have a different idea of what "tomorrow" means.
The whole thread (22 posts)
- FWIW Dept. US stock markets due to tank tomorrow.
- Update: Markets don't tank, Thompson does. (n/t)
- What we need is a creative stimulis program...
- Oh well, I guess I'll need to work one more year until I can retire.
- We have lost it.
- If the DOW drops another 300 points...
