Sunday, January 11, 2009

The Cheech and Chong Indicator

In my continuing quest to bring you the most up-to-date market research, I give you the Cheech and Chong Indicator (compliments of Minyanville, which is almost always good for a laugh):
August 12, 2008, a date which will forever live in infamy, for that was the date I discovered and first made public the stunning relationship between the career arcs of the comedic dope-smoking duo Cheech & Chong and economic devastation. What is this relationship? Simply put, I discovered that the popularity of Cheech & Chong is inversely correlated to the movement of the United States stock market. In other words, the more popular Cheech & Chong are, the less popular stocks are.
Read the whole thing here.