SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Technology Stocks : VALENCE TECHNOLOGY (VLNC) -- Ignore unavailable to you. Want to Upgrade?


To: Larry Brubaker who wrote (25206)1/20/2002 1:00:57 PM
From: Larry Brubaker  Read Replies (1) | Respond to of 27311
 
More predictions from the "market timer of the year."

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" Wrong.

"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.

"TEKI, an option that never expires" Wrong. It did expire.

Total score... 10 wrongs, two rights.

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