He calls himself “America’s Prophet,” a psychic, trained by Nepalese monks in the art of time travel, who can foretell the future of the stock market. But to the authorities, Sean David Morton is simply a fraud — and a really, really bad psychic.
"His predictions weren’t particularly accurate, either. On a Nov. 21, 2001, radio broadcast, Mr. Morton predicted that the Dow Jones industrial average would rise between April and June of 2002, cresting at “12,000 or so” by December of that year. According to the S.E.C., the index fell that year, ending at 8,341."
Cut the guy a little slack, he only missed by 50%!
I like how they have to cite the SEC, as in "According to the SEC" when talking about the Dow performance. Like looking it up on Google Finance wouldn't have done the trick, they had to call up the SEC and get verification.
Southeatern Conference is the know all and end all to everything!! Everyone knows you don't fuck with the SEC dude, come on!!