I’m no Dow Jones industrialist but you can’t beat the historical record. CNN reports today that a study predicts Kerry will win based on the Dow’s October record.
The first paragraph of hte story reads: According to a recent study by the Hirsch Organization, publishers of the Stock Trader’s Almanac, if the Dow loses more than 0.5 percent of its value in the month of October before Election Day, then an incumbent president is going to lose his job. The Dow fell 0.52 percent in October. This predictor has been true every election since 1904.
Vote tomorrow!