California Man Wins Inaugural "Predict the Dow" Contest … With Help From a Surprising Source - Money Morning

Kenneth Alkire, a California man who's working as a Defense Department contract worker in the Middle East, is the winner of Money Morning's inaugural 'Predict the Dow' contest.
Alkire, 60, predicted a second-quarter close of 12,414.27 for the Dow Jones Industrial Average - a stunning guess that was only seven-hundredths of a percentage point (0.07) away from the actual second-quarter adjusted close of 12,414.34. For this near-perfect guess, Alkire wins a top-of-the-line Apple Inc. (Nasdaq: AAPL) iPad2 (MSRP $829).
When posting his prediction on the 'Predict the Dow' Website (www.PredictTheDow.com), the San Diego County resident said he believed U.S. stocks 'would go up a little - and then down,' and noted somewhat grimly that 'it is not a pretty picture for the future with the debt ceiling rising.'"