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Pastimes : Ask da_cheif
MVIS 0.914-3.0%3:59 PM EST

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To: bobby beara who wrote (50)8/18/2000 12:16:53 AM
From: Larry Brubaker  Read Replies (3) of 8150
 
Here's a list of Wolanchuk predictions from May 1999

stockhouse.com

Let's look at each prediction....

"Gold's going to the moon" Wrong.

"Oil going higher than $27" Right.

"Eventually it will be above $42" Maybe

"Dow 16,000 within weeks or months" Wrong.

"Canadian dollar to go above par" Wrong.

"Nasdaq to 4,900" Right.

"American Stock Exchange to 2,800" Wrong.

"Merck...getting ready to explode" Wrong.

"Coca Cola to $120" Wrong.

"IBM's got $300 written all over it." Wrong.

"Goodyear to $100" Wrong.

Total score...8 wrongs, two rights, and one maybe.

Moral to the story? If a million monkeys make a million predictions, some of them are bound to be correct.
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