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S&P 500 and Dow Forecast

3 Month Forecast (June - August 2007)

Update 2008


Index Forecast Range Price Probability
DOW June 61% probability up 1.79%
DOW June - July 61% probability up 2.23%
DOW June - August 76% probability up 4.10%
S&P500 June 61% probability up 1.66%
S&P500 June - July 76% probability up 1.96%
S&P500 June - August 76% probability up 4.01%
According to similar historical performances, for the next couple of months, the Dow and S&P 500 price performance will weaken, however the price will remain in positive territory relative to today. Most profitably,  August seems to be a hot month for the Dow and S&P 500. I remember Wallstreet on those August days on Battery park, having viewed capitalism in its rawest form.

Three of them, scurrying about  selling M&M candy from the backdrop of Wallstreet on Battery park by Moran's.  At most 9 years old, they moved in on prospects twice their height pushing a yellow parcel. They were handed unfavorable wealth cards in life but  realized it doesn't matter how the opportunities look when they arrive, but what you make of them.

The usual prospect would grumble and shuffle along, perhaps the kids were obstacles in their way to home and beer.  Fortunately, the kids always pressed on, i've never seen them unravel as kids would.

I wonder what ever became of them, last i've seen of them was when I left Wallstreet in 1999.  Did character forging at such a young age produce topnotch performers? Or was it destined for the  law of averages to pick their pockets clean of hope?