Previously: Wiser Than The Stock Market —- NOT
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
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.
What a great pick.
Out of the gate, Ms. Schapiro faces potential controversy. In 2001 she appointed Mark Madoff, son of disgraced financier Bernard Madoff, to the board of the National Adjudicatory Council, the national committee that reviews initial decisions rendered in Finra disciplinary and membership proceedings. Both sons of Mr. Madoff have denied any involvement in the massive Ponzi scheme their father has been accused of running.
What a visionary regulator: inviting the fox inside the chicken house, that’-s clever, indeed.
Jason Ruspini, will Barack Obama replace the CFTC head, too?
Not a bad idea, but not the best idea they could have.
The EPS prediction markets were a better idea, because they have many more primary indicators.
Inspectd.com allows you to test your stock market skills against real historical data. We’-ll show you a random chart from the past, and you try to guess whether the stock rose or dropped. We’-ll even give you $100,000 in play money to test your skill.