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Superbowl results are in and the winnner is. . .

Recs

3

February 03, 2013 – Comments (1)

. . . the stock market!

Per this WSJ article, both teams can be traced back to the "old NFL" which apparently means a good year for stocks. (Please ignore 2008; that didn't happen.)

I always find these indicators interesting. I suppose if enough people believe them they can become a sort of self-fulfilling prophesy. 

1 Comments – Post Your Own

#1) On February 04, 2013 at 1:16 AM, awallejr (83.83) wrote:

Yeah well 2008 was a real nasty market, so I throw out the whole "who wins the super bowl determines the market direction" out the window.  Unless something is 100% accurate it is just coincidental in my opinion.

As an aside I predict the market will continue to rise, not because of sporting event results but because of the Fed and Uncle Bernanke.

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