DJI and NASDAQ: How wrong can I be?

By | March 18, 2007

Unlike talking heads you see on TV, I am holding myself accountable for my predictions on the stock market. Was I wrong? Well this is what I originally wrote:

Does anyone think that it’s a good idea to follow the prognostications of journalists and their interpretations of what’s going on in the U.S. Economy? I sold my Dow stocks yesterday. I doubt we’ll see a new high point this year. This is a secular bear market …

So it turns out that I was wrong. The market went up and up, creating a new market top. Oh, well. I was wrong in the short term. Let’s see how I’ll do for the whole year!

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