Projo Biz Blog

NE Patriots a danger to your 401(k)?

3:37 PM Tue, Jan 29, 2008 |
By Benjamin N. Gedan    Email this author |   Email this entry

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Journal file photo / Bob Breidenbach
The New England Patriots take on the New York Giants in the Super Bowl on Sunday.

There is apparently more at stake in Sunday's Super Bowl than the happiness of thousands of New England Patriots fans.

The Wall Street Journal reported today about the "Super Bowl Predictor," described as a quirky though uncannily accurate way to project the stock market's performance.

Here's how it works: "Whenever an 'original' National Football League team wins the big game, the market rises; but it falls when the winner is a team like the New England Patriots that joined the NFL because of the league's merger with the American Football League in 1970."

"The indicator continues to put up a completion percentage that would make any quarterback drool with envy," The Wall Street Journal reported. "Last year, the indicator worked yet again. The Indianapolis Colts, an original NFL team based on their roots as the Baltimore Colts, won the game -- and the stock market had a winning year."

That means that for Rhode Island football fans, there will at least be a silver lining if the Giants pull off an upset.

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Comments

Len said:

Just wounder about Staroid use bt the Pats




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