Since the dawn of trading stocks, investors have attempted to predict the direction of the markets, making calls based on everything from solid research to gut instincts. In this vein, market indicators have been developed, acting as tools to help investors predict future market movements.
Although countless indicators of varied usefulness exist, there is a special breed that finds itself off the beaten path, for obvious reasons. Some are humorous, others scientifically studied, but all have one thing in common: they attempt to predict future market performance. Not to mention that they can be rather entertaining.
With that said, keep in mind that using these indicators is at your own risk, although the high degree of reliability (not to be confused with validity) of some may surprise you...
By Paul Toscano
Posted 18 Feb 2009