Ben Shannon (alias “Jesse Livermore”, who blogs at “Wiser Than The Crowd”) claims on his blog to have an uncanny ability at forecasting the future and profiting from it, whether it is speculating on InTrade’s prediction markets or on the US stock market. Here is his stock market call from July 10, 2009:
SELL SELL SELL
REALITY CHECK:
The stock market is up about 12% since Ben Shannon’s “sell sell sell” call on July 10th.
Spot the 10th on the chart… Ben Shannon sold the exact bottom immediately before the rally.
Thanks to Deep Throat for the tip.
