Friday, March 6, 2009

Predicting the Stock Market..watch the Box Office??

box_office

 

This is probably the strangest way of predicting the stock market i’ve heard of……

 

Craig Forgrave (MarketBOB.com) takes a weekend box office champ and scores it by genre, quality, and storyline. Based on that, he predicts how the Dow will do the following week. Genres which predict a bull market include comedies, family films, and romance. However, quality has a "greater influence on market direction than genre" because it reflects value. "If you leave the theater feeling ripped off, your investment of time and money was wasted, and your confidence is down." Finally, the storyline is important because, "If the main character is depressed, so are you. If the main character is bold, you will be, too."”

Full Article:

http://www.cnbc.com/id/29535534

 

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