PROBABLE Prediction 2000.1 [CROSS]

Submitted 25th January, 1996 by Erik Kosberg
[email protected]

Prediction:

Stock Market Crash in January of 2000

Objective measurement:

The crash will occur over a period of several days. Objectively: the Standard and Poor's 500 drops by more than 18 percent in any seven-day period between Jan 1 and Jan 31, 2000.

When:

January 2000

Why:

Large companies have been very slow to re-write their old computer code; much of it chops off the 19 in the date and calculates the range of years by subtracting only the final 2 numbers. After 2000, many programs for insurance companies, banks, etc. will give negative results. Chaos ensues.

Further comments:

Possibly (but not predicted) the DJIA will drop more than 1000 points during the same period.

Follow-ups:


Make a comment - - Make a prediction - - PROBABLE home - - Administrator's home page - - Mail administrator