Election Prognostications...

Oh, yeah....
Did I say over 350 and 51%?
How 'bout 364 and 52%?
Woot!

Dixville Notch: results are in!

Obama 71%
McCain 29%

So... Obama got 15 of 21 votes! Wooooo! LOL.

At this time I'm gonna make two predictions: Obama will win with over 350 electoral votes and 51% of the popular vote, and Prop 8 will NOT pass.

Those are my prognostications of hope, and of risk. I know Obama will win, and I know that the Prop 8 vote will be reasonably close. But I'm going out on a limb to predict that, yes, things are gonna go my way.

We'll see!

Prognostication

Well, I'm happy to have been wrong, at least as far as the end result. There's still too much variation in each day of trading for the market to be healthy, and I think it's going to stay this way for a while. Anyways, I'm retiring from my new hobby. It's too damned depressing, and it's not as if it does any good.

I'm out for a while, I'll be back to talk about the debate.

Stocks, shmocks

Ah, the markets are back down again. I forgot to prognosticate last night, and it would have been down again, but not this far. So much for my missed calling.

It seems there's some kind of amplification going on, a smaller version of which is the normal case with the markets; people see activity and they replicate it. But really, it's gotten to an outrageous level. We get a bad retail report and everything tanks? What a bunch of sissies. Everyone's so afraid of losing the value they just gained back so they cash out, which makes others cash out, and so on, until all the recently regained value disappears. It's just silly. If those first people would just refrain from cashing out, the markets would rationalize and things could get going again, a little dip here, a little jump there. Not these exaggerated swings. The market needs some BuSpar. :)

Mind you, we're still up from the weekend. And some individual stocks are performing pretty well, all things considered. If the freakouts would stop, I feel pretty confident that things would get back to normal, even a recessed normal. And frankly, I'm solidly in the group of people whose financial future is being shaped by these market happenings, so yeah, I have a stake in these matters.

I'm trying to focus on apps until the debate, I'll be back later no doubt.
PS: Tomorrow's market, I'm afraid, is going to be worse, if that is possible. Early-week gains may get wiped. Just sayin.

Uh-huh.....

What'd I say?


That's right, baby, the Dow about doubled its best day ever in terms of point gain.
Nasdaq and S&P both increased about 10%.





Guess I missed my calling as a financial analyst.
My prediction: a slight decrease tomorrow. Nothing to worry about... Market elasticity. Hang in there. And if you still want in, plenty of cheapies.

Just before I wander off to sleep...

I'm calling it a good day for the stock indexes today. If you wanna get back in, today's the day.

Don't say I didn't warn ya!

AND....
Happy 50th Birthday, Paddington Bear.