BORING DAY

In light of the "comparatively" boring action in the major market indexes( compared to the last few days), I thought it was time to update Jimmy's January 2006 DJIA predictions for year end 2006 and show the true value of a market guru.

Here goes:

AIG, started the year at 68, Jimmy predicted 90 at year end and now trading at 61.

GM started the year at 19, Jimmy predicted 10 at year end and now trading at 25.

INTC started the year at 25, Jimmy predicted 31 and now trading at 17+.

MO started the year at 75, Jimmy predicted 105 and now trading at 72.

MRK started the year at 32, Jimmy predicted 25 and now trading at 34.

MSFT started the year at 26, Jimmy predicted 32 and now trading at 22.

XOM started the year at 56, Jimmy predicted 64 and now trading at 60.

HON and PFE are two that are trading at his year end targets but if you look at all the numbers you can really see the value of trying to forecast stock prices for the longer term as most are way off and we aren't even 6 months into the year.

And some may say that I just have too much time on my hands during the trading day and maybe they are right.