Pick Of The Week Contest

[riverbabe]

I vote for B. Usually I try to enter on a red candle. The following minute might give me an even lower entry.

[Lyehopper]

I think Spike's suggestion makes a lot of sense. If I had nothing better to do I bet I could be in the top 3 almost every week by playing the opening game.

I'll bet you $100 that you can't.... You place in the "top three" for eight weeks out of twelve (first qtr).... and I'll send you the 100 bucks.... You don't, you send me 100 bucks.

[Lyehopper]

Only one POTW....

Peanuts, why did you decide not to continue the contest on the old POTW thread that BillyJoe started way back when? And if you are indeed changing to a new thread? Why call it the "POTW"?.... Why not call it the Weekly Stock Picking Contest" WSPC or something like that?.... If you're not careful you might be getting a certified letter from Billy's lawyer for copyright infringement.

[Lyehopper]

OK, here's what's up for debate:

A: Keep the time stamp recording the way it is

B: Change the entry time into a stock to be the opening trade for the stock on the first minute after the time stamp on a player's post

Please tell me, A or B

Thanks

The logical answer to this is neither A nor B....

For a long trade; simply take the high tick for minute that the post is timestamped.

For a short trade; simply take the low tick for the minute that the post is timestamped.

This way no one can play Doug's little game. And you can buy or sell a stock at 16:00 EST and it'll work out just fine.

btw.... This is how I did it pre Rob....

[scifos]

It is to each player's advantage to begin the contest at the beginning of the year, and to play less risky stocks. It is an aspect of the contest which each player must take into careful consideration. The yearly contest shows each player's long term consistency. The weekly contest within the yearly, is where the fun and wild action exists.

Okay, I'm not going to start a big stink over it. You're the scorekeeper

A penalty for not playing the whole year is a must. For each week that you play, you are taking a risk. Your reward is the percentage change. If you risk nothing, then how can you be compared to the other players? There must be a reducing method to the initial portfolio size. The penalty is justified because no risk has been taken up to that point, and it also prohibits scoundrels, like Doug, from coming in the contest in the last few weeks and winning it all with a couple of crazy plays.

Here is a comparison chart of your 3% loss method and the current straight line method. I'd like to hear reasons why one method is more fair than the other. If I get no responses, then the current method will remain:

Yes, the difference is small for people who don't play. But if I'm way ahead, I might elect to take the last 2 months or more off and cruse the rest of the year just taking a small $20. If it's 3%, then I think it would motivate the people who are way ahead to contineu to play.

[skiracer]

Peanuts, why did you decide not to continue the contest on the old POTW thread that BillyJoe started way back when? And if you are indeed changing to a new thread? Why call it the "POTW"?.... Why not call it the Weekly Stock Picking Contest" WSPC or something like that?.... If you're not careful you might be getting a certified letter from Billy's lawyer for copyright infringement.

Good question Lye. I was wondering why Billyjoe's original contest and cocept had to go with the changing of the scorekeeper. Change the look of the game and the rules but keep Billyjoe's POTW alive and running. We may have the longest running named game on the internet. Rob only asked for a new scorekeeper. We've changed on a number of occassions and never changed the thread but have changed the rules. CHANGE THE SCOREKEEPER BUT KEEP THE ORIGINAL THREAD!!!!!!

[peanuts]

Peanuts, why did you decide not to continue the contest on the old POTW thread that BillyJoe started way back when? And if you are indeed changing to a new thread? Why call it the "POTW"?.... Why not call it the Weekly Stock Picking Contest" WSPC or something like that?.... If you're not careful you might be getting a certified letter from Billy's lawyer for copyright infringement.

If Billyjoe requests that the POTW contest remains on the old thread, then I will continue to use that thread for the contest.

billyjoe, let me know

I changed the thread because of the enormity of the previous thread. Actually, I was having trouble, sometimes, when I would try to view the other thread, and I assumed that it was due to the size. An admin could clear this up...

I didn't think that a separate thread would be an issue. Other than nostalgia, what purpose would it serve to keep the contest there? I was using this thread to re-organize.


ALSO: The 3% loss rule is in effect. Thanks for the feedback

[Rob]

[. . .] I was having trouble, sometimes, when I would try to view the other thread, and I assumed that it was due to the size. An admin could clear this up...

I seriously doubt that has anything at all to do with it, not unless this is really poorly written software. But I think the programmers were sharp enough to avoid the pitfalls that would cause such a problem.

[spikefader]

My 2c. I agree with others on keeping the original thread....the history and content has value. I'm sure billyjoe is too much a gentleman to request it, peanuts...and I really don't think he should.

[skiracer]

My 2c. I agree with others on keeping the original thread....the history and content has value. I'm sure billyjoe is too much a gentleman to request it, peanuts...and I really don't think he should.

Keep the original thread and change the rules to anything that you want that's agreeable with the simple majority of players. The original thread has historic and intrinsic value built into it from the past several years of it's existence. It's evolution into it's present form and what it is going to become under Peanuts guidance will only be kept intact through maintaining Billyjoe's orginal POTW thread. It will still be Peanuts baby to nuture and shape to reflect his personality and if it is at all as successful as Lyehopper and Rob have brought it then we will shower Peanuts with praise in a climatic crescendo of affirmation.

[Lyehopper]

Keep the original thread and change the rules to anything that you want that's agreeable with the simple majority of players. The original thread has historic and intrinsic value built into it from the past several years of it's existence. It's evolution into it's present form and what it is going to become under Peanuts guidance will only be kept intact through maintaining Billyjoe's orginal POTW thread. It will still be Peanuts baby to nuture and shape to reflect his personality and if it is at all as successful as Lyehopper and Rob have brought it then we will shower Peanuts with praise in a climatic crescendo of affirmation.

sniff.... sniff..... blink.... blink.... You're such a poet Ed.

[skiracer]

sniff.... sniff..... blink.... blink.... You're such a poet Ed.

Lye,
I'm such a poet that I don't even know it. I do know Peanuts will still do a great job continuing on in the tradition that you guys started and built on so nicely in the name of Billyjoe's POTW thread.

[Rob]

[. . .] if it is at all as successful as Lyehopper and Rob have brought it then we will shower Peanuts with praise in a climatic crescendo of affirmation.

Thanks, Skiracer. But "a climatic crescendo of affirmation"? Does that mean you're going to send him really good weather?

Oh! ...... You must mean .... climactic! Just messin' witcha, dude.

[skiracer]

Thanks, Skiracer. But "a climatic crescendo of affirmation"? Does that mean you're going to send him really good weather?

Oh! ...... You must mean .... climactic! Just messin' witcha, dude.

Rob,
I was only kidding around with the selection of words. Actually I didn't realize that I was wrong with my spelling of climactic. I have to be real careful with you and Doug. You know how Peanuts loves to be lavished with affirmation. Perhaps I should have used "orgasmatic crescendo of affirmation". I really do like and respect Peanuts and I think his intentions and motives are always well meant. It's just me being me and how much I enjoy kidding around with Peanuts. I'm sure Peanuts is the type of individual that would stay up late at night to get the job done and to think of ways to make it better. And yes I will be sending the entire northeastern section of Pennsylvania a dose of good weather over the holiday season.

[Tatnic]

Rob,
I was only kidding around with the selection of words. Actually I didn't realize that I was wrong with my spelling of climactic. I have to be real careful with you and Doug. You know how Peanuts loves to be lavished with affirmation. Perhaps I should have used "orgasmatic crescendo of affirmation". I really do like and respect Peanuts and I think his intentions and motives are always well meant. It's just me being me and how much I enjoy kidding around with Peanuts. I'm sure Peanuts is the type of individual that would stay up late at night to get the job done and to think of ways to make it better. And yes I will be sending the entire northeastern section of Pennsylvania a dose of good weather over the holiday season.

not that it matters, but P'burg is in the western part of PA....maybe you can send them a new quarterback?!