Call the Nasdaq Closing Price, Win a Shopping Spree!
After the success of the $20 giveaway last week, (Dan was our lucky winner), I’ve decided we have to keep the ball rolling! This time you need to guess the closing price for the Nasdaq Composite… two weeks in advance!
Here is the deal, you have all of today, tomorrow, and sunday (basically the whole weekend) to simply post up via a comment what price you think the Nasdaq Composite will close at on Friday, March 23rd. You are trying to guess the closing price, not the opening, of the index at 4:00 PM on the Friday, which is two weeks away (or 10 trading days). If you are closest to the actual price, you’ll win the prize pool and glory.
What’s at Stake?
The prize right now is another $20 amazon.com gift certificate, BUT I have contacted a few bloggers about the contest, and if they opt to help chip into the prize pool and get their own community involved, well we may just have a pretty interesting party!
I am a Newbie, Should I Enter?
YES, please do! EVERYONE has a chance at winning this, and due to the recent market drop, who knows where we will end up in two weeks! This is a very simple setup designed for the whole community to get involved, besides, who doesn’t want to go on a shopping spree?
Bloggers, Get Your Community Involved!
If you are a blogger yourself, then get your readers over here to join in! Chip in a few bucks into the prize pool, and you’ll become one of the official sponsors (sounds pretty catchy doesn’t it). If you don’t want to chip in (I know exactly what its like to have a tight marketing budget), then just send your readers over, and I’ll hook you up with a linkback.
Updates
I will be putting everyone into an excel sheet, and updating the community every few days with updates. I want to make this as intense and electrifying (excellent word usage right there) as possible, so expect a lot of over excitement from me daily. Also, to keep updated, you can subscribe to the feed here at ST101 by email or with your favorite reader.
Closing Remarks
Remember, you have until this Sunday, March 11th 11:59 PM EST to get your guess in as a comment for the NASDAQ (you can find a chart here, and its most recent price here). Whatever you insert as your “name” when submitting the comment will be your name on the excel sheet, so if you want a nickname or something, then put that down with your comment (perhaps you want to be recognized as “Sandwichdude412″, that is for you to decide!). Lastly, you get ONE guess, and you can’t change it! So, if you want to wait until the market closes to get as “accurate” a prediction as possible, do that then. I will be posting the initial excelsheet on Monday, and building up hype until then. Any questions feel free to ask, good luck!
Discuss this post in the StockTradingToGo Forum.
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Count me in Blain. This is a tough one, but I am going guess 2,305.70. I think the market is going to fall more the next two weeks.
Blainer, I’m going to throw down for a close of 2,361.22. I don’t think it is going to break the 2400 resistance point by almost the month’s end.
Why the 23rd??
2380
Not sure, just figured two weeks would be a decent amount of time. Is that too long, too short? Always am opinion for feedback!
[...] FrugalTrader12:26 pmAdd comment Blain, the blogger @ Stock Trading 101, has started another contest. This time, it’s for a $20 prize for the lucky reader who [...]
My Guess:
2,385
Based on no specific information I’m going to go with 2340 (not a huge move but a slow downturn)
Cheers,
MCM
http://middleclassmillionaire.blogspot.com/
Great idea! I’m new to the blog, but have added you to me feed reader!
My guess is: 2392.13
Here goes my guess…. 2402.22
okay. how about …..2453
optimisim
my guess is… 2365
Here’s my entry: 2422
good luck to everyone!
I believe the NASDAQ is approaching another downward leg. In 2 weeks, I think the NASDAQ will reach 2300.
FrugalTrader
my guess: 2365.74
I can’t predict such short term trends, so I’m tempted to go with the Martingale Estimate. To differentiate from some of the above estimates though, I’ll go with 2389.
I guess 2301.
Im a newb but I figured i’d try. 2438.33
My guess- 2362.00
Good luck everyone!
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2372.65
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