So the three questions posed last week were the following: ============================================================ 1. Will the market decline on Tuesday? Answer: Absolutely.
2. And then I asked at the same time: Will the market rally and close higher on Wednesday? Answer: Yes.
3. Just now asked, will the market be higher on Friday than it is now (SPX 908)? Answer: My sources say no. ============================================================ Only the second question was answered incorrectly. Current stats: 66 percent accuracy rate.
This conforms with what I've been experiencing for weeks now using mysticalball.com. My general sense was the accuracy rate has been above 70 percent. If this were a human being, I would be giving it high credibility right now.
So here's my next three questions for the coming week: ============================================================ 1. Will the SPX rally and close higher on Monday? Answer: Outlook not so good.
2. Will the SPX close next week higher than 883? Answer: Outlook not so good.
3. Will the SPX hit 950+ sometime in the next 5 trading days? Answer: Ask me again later. ============================================================ Overall mysticalball.com has a pretty bearish outlook for next week! I will count the answers to 1 and 2 as "no." This goes against my read, and so now we will get to see who is better! My answers to 1 and 2 would be "Definitely." I like the response to question 3--seems very intelligent--and we won't be able to count it for the stats. Maybe I will ask on Monday after market close.