Friday, March 30, 2012

Accountability Check: The reality of what I Predicted

I posted this entry last June, when the Dow was at about 12,100.  I almost ate my words a month later when the average climbed to 12,725, but at the beginning of August, the US credit rating was cut and sure enough, the Dow crossed under 11,000.  Not that I'm a great predictor of markets, but it's nice to know that every once in a while, market forces do, in fact, get beaten into submission by rationality.

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