Apart from that, my only connection with all the “festivities” was managing to catch a picture of the B-2 as it flew by.
Predictions for the new year:
1) The stock market will eventually hit as low as 7,000-7,500 before it starts crawling back up. And I mean crawling – if it’s above 8,000 again by the end of the year I’ll be surprised.
2) Gas is not going to hit a dollar a gallon. It’s pretty much as low as it’s going to get now. It might – briefly – hit a U.S. average of $1.40 a gallon, but only if the economy is doing a whole lot worse than it is now. Admittedly, this could happen…
3) The recession will not be over by the end of the year. The Feds will declare it over sometime in early 2010, but of course, for real people, it’ll be at least another three years before it’s over.
4) Psychic, astrological and other woo-woo predictions for the year will average less than random chance…and only do that well because they put in some obvious guesses like I did.