“9 for 2009″ …. The Results

• Posted by ToddSullivan
• on December 27th, 2009

Some right, some wrong…For new readers these are always meant to be a bit of a stretch to keep things interesting..

Here were the 2009 predictions from Dec. 2008:

1- Oil again reaches in excess of $100 a barrel from the $40 it sits at today

Oil did rally but essentially paused at the $65-$75 level most of the year

2- The US dollar nose dives in value another 30%

Again close at the dollar fell another 16% in 2009

3- Gold soars past $1100 an ounce and stays there for much of the year

It did indeed pass $1100 (although not until Nov.) from the $800 when written

4- 2009 GDP growth is negative for the year

Will have to address in Jan.

5- Steve Jobs leaves Apple for health reasons.

Nope, after leaving for health reasons, Steve-o came back

6- Illinois Gov. Rod Blagojevich takes someone in President Obama’s administration down with him…media ignores it..calls the offender “a renegade staffer” and praises the new administration for not knowing what its staffers are doing.

To be determined at trial

7- Israel takes military action against Iran (see oil and gold predictions)

This will be pushed into 2010

8- An anti-trust suit is brought against Google

Same….

9- Dow 6/1 7500, 12/31 8300……

LOL….The reason I do not make market calls…6/17 8500 and over 10,000 at end of year

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