Monday, November 01, 2004
. . . and we told you about the Indian astrologers, but there are all sorts of omens the CPH's (Certified Public Haruspices) use to divine our Presidential future. And when it comes to the re-election of George Bush, all signs point to no. From Jeff Horwitz of Salon's "War Room":
Financial analysts have long noted that a president's odds of reelection appear to be closely correlated with the state of the Dow Jones Industrial Average -- specifically, in years when it loses more than .5 percent in the October before the election, the incumbent should invariably start packing his bags.
Well, it was a close race, but it looks like Bush is on the way out. At the end of trading today, the Index was at 10054.38. That's a loss of .52 percent since October 1st.
Despite Bush's certain defeat, however, War Room thinks it's still a pretty good idea for you to go out and vote.