The 2nd Quarter 2007 NASDAQ Contest

[mimo_100]

14 players are in so far. Thanks to everyone who has entered. Only a couple of hours left. The majority say the market will be lower than 2421.64 at the end of the 2nd q. Anyone else?

Spike: .......2711.00 [3/30/2007 16:47]
NBB: .........2649.00 [3/30/2007 21:33]
Rob: .........2570.00 [3/23/2007 08:17]
ski: .........2525.00 [3/28/2007 13:47]
Gator: .......2475.80 [3/24/2007 09:10]
Stky: ........2463.93 [4/01/2007 23:54]

NASDAQ: ......2421.64 [3/30/2007 16:00] <== current value
NASDAQ: ......2421.64 [4/02/2007 09:29] <== number picking closed

jiesen: ......2417.88 [3/30/2007 09:23]
louetta: .....2340.00 [3/29/2007 18:43]
mimo: ........2328.51 [4/01/2007 14:15]
ringo: .......2294.00 [3/28/2007 12:58]
IIC: .........2255.01 [3/29/2007 10:11]
stenzrob: ....2250.00 [3/21/2007 11:10]
Lye: .........2232.43 [3/24/2007 08:07]
peanuts: .....2150.00 [3/28/2007 13:37]

[riverbabe]

I'll guess 2504 Riverbabe

[mimo_100]

Final Snapshot

Here is the final snapshot. "river" is the caboose, deciding to sqeeze in between ski and Gator. Thanks to everyone who has entered. The slight majority say the market will be lower than 2421.64 at the end of the 2nd quarter.

Spike: .......2711.00 [3/30/2007 16:47]
NBB: .........2649.00 [3/30/2007 21:33]
Rob: .........2570.00 [3/23/2007 08:17]
ski: .........2525.00 [3/28/2007 13:47]
river: .......2504.00 [4/02/2007 08:01]
Gator: .......2475.80 [3/24/2007 09:10]
Stky: ........2463.93 [4/01/2007 23:54]

NASDAQ: ......2421.64 [3/30/2007 16:00] <== current value
NASDAQ: ......2421.64 [4/02/2007 09:29] <== number picking closed

jiesen: ......2417.88 [3/30/2007 09:23]
louetta: .....2340.00 [3/29/2007 18:43]
mimo: ........2328.51 [4/01/2007 14:15]
ringo: .......2294.00 [3/28/2007 12:58]
IIC: .........2255.01 [3/29/2007 10:11]
stenzrob: ....2250.00 [3/21/2007 11:10]
Lye: .........2232.43 [3/24/2007 08:07]
peanuts: .....2150.00 [3/28/2007 13:37]

[mimo_100]

Here is a quick update.

Spike: .......2711.00 [3/30/2007 16:47]
NBB: .........2649.00 [3/30/2007 21:33]
Rob: .........2570.00 [3/23/2007 08:17]
ski: .........2525.00 [3/28/2007 13:47]
river: .......2504.00 [4/02/2007 08:01]
Gator: .......2475.80 [3/24/2007 09:10]
Stky: ........2463.93 [4/01/2007 23:54]

NASDAQ: ......2422.26 [4/02/2007 16:00] <== current value
NASDAQ: ......2421.64 [4/02/2007 09:29] <== number picking closed

jiesen: ......2417.88 [3/30/2007 09:23]
louetta: .....2340.00 [3/29/2007 18:43]
mimo: ........2328.51 [4/01/2007 14:15]
ringo: .......2294.00 [3/28/2007 12:58]
IIC: .........2255.01 [3/29/2007 10:11]
stenzrob: ....2250.00 [3/21/2007 11:10]
Lye: .........2232.43 [3/24/2007 08:07]
peanuts: .....2150.00 [3/28/2007 13:37]

[mimo_100]

Here is a quick update.

Spike: .......2711.00 [3/30/2007 16:47]
NBB: .........2649.00 [3/30/2007 21:33]
Rob: .........2570.00 [3/23/2007 08:17]
ski: .........2525.00 [3/28/2007 13:47]
river: .......2504.00 [4/02/2007 08:01]
Gator: .......2475.80 [3/24/2007 09:10]

NASDAQ: ......2471.34 [4/05/2007 16:00] <== current value

Stky: ........2463.93 [4/01/2007 23:54]

NASDAQ: ......2421.64 [4/02/2007 09:29] <== number picking closed
jiesen: ......2417.88 [3/30/2007 09:23]
louetta: .....2340.00 [3/29/2007 18:43]
mimo: ........2328.51 [4/01/2007 14:15]
ringo: .......2294.00 [3/28/2007 12:58]
IIC: .........2255.01 [3/29/2007 10:11]
stenzrob: ....2250.00 [3/21/2007 11:10]
Lye: .........2232.43 [3/24/2007 08:07]
peanuts: .....2150.00 [3/28/2007 13:37]

[Rob]

Now .... if the Nas would just stay absolutely flat for the remainder of the quarter, I would win.

Of course, it could go up to 2,609.50 and I would still win.

[Rob]

Of course, it could go up to 2,609.50 and I would still win.

... assuming a tie goes to the player whose guess did not exceed the actual number.

[jiesen]

Here is a new contest. The 2nd Quarter 2007 NASDAQ Contest.

What will be the closing price of the NASDAQ on the last trading day of June 2007?

All entries must be in by Monday, April 2, 2007 9:29 AM Eastern Time. How will the MrMarket board do in the second quarter?

No prizes, just the knowledge that you beat the rest of the players entering, and completely annihilated those who sat back and didn’t enter.


RULES:

1) The closing price as indicated on Nasdaq.com will be used

2) Your entry must be at least 5 points away from any previous entries posted.

3) The deadline for entries is Monday, April 2, 2007 9:29 AM Eastern Time ... no exceptions.

4) Once you have posted your entry you cannot edit it. It is carved in stone once you click the SUBMIT button.

Rob, I don't think you can assume that, as it's not in the rules. Yes, you'd have to share your victory with NBB if it ended at 2609.50. However, if it went up to 2609.50 and THEN back down to 2422 where it belongs, and ended there for the quarter, you'd have to hand that victory over to ME!

[Rob]

How 'bout the fact that I posted my guess a week earlier?

[jiesen]

How 'bout the fact that I posted my guess a week earlier?

don't see anything in the rules about a bonus for posting early...

[Rob]

Who said anything about a bonus?

Perhaps we could ask the eminent scorekeeper to render a judgement on the question before the situation arises.

[Gwhiz]

I'd say the odds that a we are now in a medium term correction that began Thursday are higher than they've been for the past 6 months at least.

Just the chart is what i'm going on.

Hoping for a correction though, I'd prefer to have a roughly 10 % drop in the indices by august before we head back up and officially declare it a soft landing.

[mimo_100]

Here is an update as of 5/11/2007.

Spike: .......2711.00 [3/30/2007 16:47]
NBB: .........2649.00 [3/30/2007 21:33]
Rob: .........2570.00 [3/23/2007 08:17]

NASDAQ: ......2562.22 [5/11/2007 16:00] <== current value

ski: .........2525.00 [3/28/2007 13:47]
river: .......2504.00 [4/02/2007 08:01]
Gator: .......2475.80 [3/24/2007 09:10]
Stky: ........2463.93 [4/01/2007 23:54]

NASDAQ: ......2421.64 [4/02/2007 09:29] <== number picking closed

jiesen: ......2417.88 [3/30/2007 09:23]
louetta: .....2340.00 [3/29/2007 18:43]
mimo: ........2328.51 [4/01/2007 14:15]
ringo: .......2294.00 [3/28/2007 12:58]
IIC: .........2255.01 [3/29/2007 10:11]
stenzrob: ....2250.00 [3/21/2007 11:10]
Lye: .........2232.43 [3/24/2007 08:07]
peanuts: .....2150.00 [3/28/2007 13:37]

[mimo_100]

Who said anything about a bonus?

Perhaps we could ask the eminent scorekeeper to render a judgement on the question before the situation arises.

I take the absolute value of the difference in order to determine the winner. There is nothing in the rules regarding ties, so if it ends up a tie, so be it. Also, there is nothing in the rules regarding the closest without going over. Finally, there is nothing in the rules regarding "bonus points" for early entries.

As the eminent scorekeeper, I will amend the rules for the third quarter to include closest without going over, and having the entry time as a tie breaker.

If anyone has any comments on these changes, please post them here.

Tim

[jiesen]

like a Sam Adams, that was a good decision!