Monday, January 21, 2008

So, who do I root for....

Looking for signs of rebound? The Super Bowl Indicator awaits us - MarketWatch:
"According to the Super Bowl Indicator, a victory by a team from the original NFL heralds an up year for stocks, while a win by an old AFL team means stocks will fall.
Before you try to excommunicate me from the high priesthood of economics, let me point out that this Indicator has correctly predicted the direction of the Dow Jones Industrial Averagein 33 of the 41 years this game has been played. That works out to a success rate of better than 80%."

OK, so do I cheer for the Giants for the economy or the Patriots because they are my team? Well, guess the stocks are going to be going down this year

GO PATS!

No comments: