- Sep 29, 2000
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P&N has an awful lot of prophets. Many people say "I predicted that" or "As I've been saying for years, this would happen", etc. Much of it is untrue or selective. This thread represents an effort to cement the bluster and hopefully reduce the vast levels of BS by most of us here. Hopefully it will take off
Recommended Guidelines:
1) Be Specific: A good prediction is properly qualitative or quantifiable. So, instead of "The market is going to crash soon", say "The DOW will hit 6K by the end of 2008." If there is no specific timeline and/or concise milestone, your prediction is probably meaningless.
2) Avoid editing a post after making it. If you have a post edited on Oct 13 that was first written in March, there's no way to validate that you didn't change it substantially on Oct 13.
3) The more extreme your prediction, the bigger the win when you get it right! Instead of saying that oil will be $150/barrel again at the end of the year, say it's going to be 250. That is so hard for most to believe that if it truly happens you'll be revered a P&N predictive god.
Recommended Guidelines:
1) Be Specific: A good prediction is properly qualitative or quantifiable. So, instead of "The market is going to crash soon", say "The DOW will hit 6K by the end of 2008." If there is no specific timeline and/or concise milestone, your prediction is probably meaningless.
2) Avoid editing a post after making it. If you have a post edited on Oct 13 that was first written in March, there's no way to validate that you didn't change it substantially on Oct 13.
3) The more extreme your prediction, the bigger the win when you get it right! Instead of saying that oil will be $150/barrel again at the end of the year, say it's going to be 250. That is so hard for most to believe that if it truly happens you'll be revered a P&N predictive god.