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The Super Bowl Indicator

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As many of you know, the Indicator says that when a team from the original NFL wins, the market will go up. When a team from the former AFL wins, the market will go down.
Below is a break down of the years these two teams have won and what happened to the Dow that year. With many predicting a recession, it looks like the Indicator will be right again if the oddsmakers are right in calling for a Patriots win.
 

New York Giants:


1987 -- Open: 1,897.36, Close: 1938.83 -- Yearly Pct. Change: +2.1 percent
1991 -- Open: 2,633.66, Close: 3,168.83 -- Yearly Pct. Change: +20.3 percent

 

Avg. Pct. Change in Dow when Giants win Super Bowl: +11.2 percent

 

New England Patriots:


2002 -- Open: 10,021.71, Close: 8,341.63 -- Year Pct. Change: -16.8 percent
2004 -- Open: 10,452.74, Close: 10,783.01 -- Year Pct. Change: +3.16 percent
2005 -- Open: 10,783.75, Close: 10,717.50 -- Year Pct. Change: -.6 percent

 

Avg. Pct. Change in Dow when Patriots win Super Bowl: -4.81 percent

Submitter: TheLascone TheLascone (Ideas, comments)
  1. 0 Buys, 0 Sells rate down rate up
    So with the upset win of the Giants, is the Indicator wrong, or should we also look for the upset win of the Dow this year?! I'll be optimistic and look for the win.
  2. 0 Buys, 0 Sells rate down rate up
    Hi Emile,

    I have always been more of a bull than a bear. How can you not be when you look at history ? http://en.wikipedia.org/wiki/Image:DJIA_historical_graph_(;log).svg

    I will report back in 10 months. With the Giants upset,the Dow Jones Industrial Average, should finish the year in the green.

    TheLascone
  3. 0 Buys, 0 Sells rate down rate up
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