Re: predicting mutual fund closing price
is there a good way to accurately predict the closing price of a
mutual fund prior to 4pm
Try this little head game for a while. Listen to the radio news and every hour on the hour they will announce (in this order) the Dow, NASDAQ and S&P current quote. Take notice of this and after you hear the Dow and NASDAQ immediately predict
to yourself what the S&P quote will be (you will have about 1 second to decide). You will soon understand the relationship between the 3 quotes (hint: S&P can be gleaned from the first 2). You can then compare these results with your funds(s) and eventually you will recognize the relationship between your investments (generally) and these 3 metrics.
You may learn from this process how you can possibaly predict what the S&P will be.
A second option: flip a quarter and go with that. 8)
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