Sunday, February 7, 2010

Who Dat Bull?! Super Bowl Indicator says this year 2010 won't be too bearish - as the Saints win!

If the "SuperBowl Indicator" lore works again this year, the bulls will do well this year - or at least better than many currently envision! The New Orleans Saints just won their first Super Bowl (by an astonishing 31-17, in a game with plenty of action, surprises and suspense). They're members of the NFC - they defeated the Indianapolis Colts (AFC). When the NFC prevails in the SuperBowl, market pundits say the stock market will be up for the year. It's a surprisingly good predictor! as you can learn from the information quoted below, from Investopedia.


Here is the explanation of this indicator:
What Does Super Bowl Indicator Mean?
An indicator based on the belief that a Super Bowl win for a team from the old AFL (AFC division) foretells a decline in the stock market for the coming year, and that a win for a team from the old NFL (NFC division) means the stock market will be up for the year.
Investopedia Says
Investopedia explains Super Bowl Indicator
Chalk it up to coincidence, but this indicator has been surprisingly accurate (around 85% correct) over the past years. Even so, you probably shouldn't bet the farm on it.

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