Round TWO - Predict the Market Close Contest - Win $$$

[BlowFish 10]

Hopefully in before the extended deadline.

 

Q1

 

SPX 1230

INDU 11050

COMPX 2700

[tradergoals 10]

first quarter

INDU 11650

SPX 1250

COMPX 2800

 

end of year

INDU 12350

SPX 1500

COMPX 3025

[thalestrader 14]

The end of the month looms large for those still wishing to enter a guess as to where oh where might the market be by year end. You risk nothing other than an incorrect guess and the otential reward is $1000. Now I know some of you don't even have 1K left in your trading accounts ... so why not do a little revenge trading right here and try to get it back via the TL Contest?

 

Best Wishes,

 

Thales

[MadMarketScientist 11]

I'm with you on that. I think people get afraid to maybe put themselves out there but really, nobody is judging you -- we all know it's an educated guess. So put in your best educated guess and let it ride. Nobody will think any differently of you in the morning

[Cory2679 11]

Here's my entry for the 2011 year-end contest...

 

Dow: 11,891.93

S&P: 1,286.12

Nasdaq: 2,700.08

 

(Today's closing prices.)

[thalestrader 14]

Here is my guess for the quarterly, March 31, 2011 Guess the Close:

 

SPX: 1313.25

INDU: 12036.24

COMPX: 2862.51

 

My guess for the 2011 Year End Guess the Close will be in by January 31, 2011.

 

Here is my guess for the year end:

 

SPX: 1576.09

INDU: 14424.65

COMPX: 3319.40

 

Best Wishes,

 

Thales

[snowbird 10]

My year end guess

 

SPX: 1450

INDU: 13000

COMPX: 2975

[Hlm 10]

My guess for year end is the same as Q1.

[MightyMouse 12]

We just finished version 1.0 of this contest and we'll have three lucky winners of Amazon Gift Cards (top value: $500!) -- predicting the year end closes of the INDU, SPX and COMPX.

 

So let's do it again. Starting right now predict the closing prices of the Down Jones (INDU), S&P 500 (SPX) and the Nasdaq Composite (COMPX) at the end of the first quarter -- March, 31st 2011.

 

You simply reply to this thread with your predictions and if you feel like it tells us about the tea leaves or psychic powers you used to come up with your numbers, or maybe actual financial analysis (guess).....

 

This is Contest #1.

 

The Contest #2 for the ultimate Market Grand Wizard is to predict the exact same indices closing prices -- but this time at December 31st, 2011. End of the year.

 

You can enter one or both - just clarify in your forum reply which your numbers are for. Quarter end or year end.

 

How about prizes you say?

 

Contest #1 - Quarterly Close

First Prize: $250 Amazon.com Gift Card

Second Prize: $100 Amazon.com Gift Card

Third Prize: $50 Amazon.com Gift Card

 

Contest #2 - Yearly Close

First Prize: $1,000 Amazon.com Gift Card

 

This one it's all about being #1 -- so it's one mega grand prize.

 

There are a few catches.

 

Catch #1: We must have at least 30 entries for the quarterly contest. So get your TL buddies or other trading friends to post their submissions here. We have to have at least 30 and the contest is a go. And, the deadline to submit for the quarterly contest is Tuesday, January 11th.

 

Catch #2: For the Annual contest we need at least 50 entries -- and those are due no later than January 31st.

 

Catch #3: The winner will be determined by the suggestions of fell TL member Blowfish, by taking the closing price in each index, calculating the difference between your prediction and the close and then adding those up. The person with the lowest number(s) wins it. This way you are rewarded for being accurate across the board.

 

 

Whomever is the closest when we add all three of these market indices closing prices will be crowned the TradersLaboratory.com Market Prediction Champion (TLMPC!!!)

 

You can only enter one time per person and there are no "Editing" of your post allowed (nice try.) However, seek out your trading friends and have them enter and then demand a percentage when they win as your finder's fee. Remember we need enough entrants for us to just give away all that dough.

 

Ready, set, predict!

 

MMS

 

First prize is a Cadillac Eldorado. Second prize is a set of steak knives. Third prize you're fired.

 

Glenn Gary Glen Ross

[SIUYA 11]

first prize a free option, second prize a free option, third prize a free option.

did you take the free option?

[TheNegotiator 13]

I know I'm late but -

 

INDU 12500

SPX 1350

COMPX 2500

 

EOY

[Cory2679 11]

The end-of-quarter close is in...

 

 

I wonder who won! I know it wasn't me.

 

I'm not sure if there were ever enough contestants for a prize, but it's still fun to see who won and how close people came.

 

If I get time over the weekend, and no one has done it yet, I might try to figure it out...

[MadMarketScientist 11]

Cory - if you want to do a little calculating in your spare time that would be great!!!

 

MMS

[Cory2679 11]

This was done quickly, so no guarantees, but I get:

 

First Place: TradeRunner

Second Place: StevenSJC

Third Place: thalestrader

 

I've attached my spreadsheet if anyone wants to see it. I think I calculated the winners according to the rules of the competition, but I could have messed up...

 

The names are in order from earliest entry-date to latest, so as you can see, whether you count the people who entered after the original deadline or not, it doesn't affect the winners.

 

Cory

TLComp.xls

[TradeRunner 10]

This was done quickly, so no guarantees, but I get:

 

First Place: TradeRunner

Second Place: StevenSJC

Third Place: thalestrader

 

I've attached my spreadsheet if anyone wants to see it. I think I calculated the winners according to the rules of the competition, but I could have messed up...

 

The names are in order from earliest entry-date to latest, so as you can see, whether you count the people who entered after the original deadline or not, it doesn't affect the winners.

 

Cory

 

Cool - what do I win or will I have to make do with the satisfaction of beating thales?

 

(Thanks for calculating this Cory)