Saturday, November 22, 2008

I Am Smarter Than T Boone Pickens

On July 23, 2008 T Boone Pickens, oil magnate/wind farm nut predicted oil would reach $300 per barrel.
It peaked at $147, and now resides in the $50-$60 range.

On October 11, 2008 I predicted the market would bottom out at 7500.
On 11/21/2008 it reached 7450 before rebounding.

Caveat: I am prepared to revise my prediction downward depending upon just how much Mr Obama wants to pattern himself after FDR

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