ETF Trends goes over some of his predictions for 2007. So got some wheels spinning. How about some predictions here for 2008?
- The CBOE introduces a new volatility product "Time VIXes" that measure and trade volatility in 10 minute increments for each block of the day. Goldman issues a report saying their work shows that if you sell the VIX 2:50' PM's and buy the VIX 10:40 AM's every day, you'll make 27% annualized, or 1% after commisions.
- Several other new ETF's hit the market. But in no way will the new "Shipping", "Solar", "Chinese Solar", and "Chinese Shipping, Solar, Gaming and/or Navigation in Motion" trackers signal tops in their areas.
- Inflation (ex-oil, food, coffee drinks, hotels, cars, air fare, clothes, and anything with a commodity in it) remains dormant.
- CNBC's Stable of Punditry produces a consensus of an 8-10% return in 2008. But be forewarned; 2008 will be a Stock Pickers market, unlike years past where indiscriminant investing ruled the roost.
- Abby Jo (not shown) remains bullish for the whole year.
- In an effort to spruce up Mad Money ratings, Cramer's cousin Oliver becomes a recurring character.
- French Anchorwoman Melissa Theuriau replaces Katie Couric, despite only speaking French. No one complains.
- Time Warner buys Players Club magazine for $3 billion. 50% owner Lenny Dykstra is now on the Forbes 500 list for 2008. He's also Time's "Man of The Year".
- Bear Stearns CEO Jimmy Cayne uses the word "Dude" in the Q1 conference call 424 times, breaking his own seemingly unreachable record, set in Q3 of 2006.
- President-Elect Bloomberg announces he will sign a bill making taxes optional for all his fellow alumni of our nation's finest institution of higher learning, THE Johns Hopkins University.
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