Guess the Nasdaq Close IV, 1st Update

Posted by Blain Reinkensmeyer on Monday April 23, 2007

The 4th bi-weekly stock contest is now officially in full force as we brought in entries all over the finance blogosphere this past weekend. Stock Contest Alpha (III) brought in a record 20 contestants two weeks ago, and for that I was pretty excited. But, this time that record has been smashed, and we have a total of 38 contestants for this time around, “It’s on!”

Contest Overview

For those who are just joining us, contests are every other week (bi-weekly) here at ST101, and this contest was to simply guess what you think the NASDAQ composite index will close at on this upcoming Friday, April 27th, 2007. A perfect guess will win you a cool $100 CASH from yours truly, me! Last contest Brandon from our community was off by only 94 cents! You can view all the updates and past contests in the contests archives.

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We have three communities (including us here at ST101) who have pooled atleast 5+ entries together within their community. Cleverdude.com (CD) and milliondollarjourney.com (MDJ) are the two other communities. Alongside individual guesses, communities earn points for having the best overall average for all of their member picks together. Updates are delivered throughout the week here on the blog, so subscribe to the feed and keep up to date, alright?!

Monday Leader Board (As of market close April 23rd, 2523.67)

  1. Matt2 - ST101 - 2522.51 - off by only 1.16!!
  2. Fab - MDJ - 2524.86 - off by only 1.19!
  3. A J from - ST101 - 2525.25 - off by only 1.58!
  4. Tie between Darlene Kaus (2521.84) and Stingy Joe (2525.5) - MDJ - Both off by only 1.84!
  5. Matador - ST101 - 2521.35 - off by only 2.32!

The best overall community average as of the close today is MDJ with an average difference of only 7.64 off the close!

Special Thanks

Before closing this contest update, I want to send some thanks over to the following blogs who linked to this contest. Send them some lovin would ya?! The Bull Trader, Derrich, WallStreetMatador, MillionDollarJourney, and CleverDude.

With one trading day behind us, it is easy to see that this contest will be no walk in the park, with 38 contestants to place in the top 5 you will have to be pretty darn good with your guesses! Stay updated and subscribe to the feed, and we will see what tomorrow has in store.

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Comment by Matt
2007-04-23 17:18:53
Blain, this looks like it will be a wild week grin I am so going to win this thing!
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Comment by Matt
2007-04-23 17:19:59
That muscle kid is pretty intimidating. Just so you know, I wouldn’t want to steal his lunch money!
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Pingback by Guess the Nasdaq Closing Price - Contest Update at Clever Dude Personal Finance & Money
2007-04-23 20:24:58
[…] has posted the updated contest details over at his site. He is keeping a running tally of the closest 5 picks. Clever Dude doesn’t […]
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Pingback by $100 to Guess The NASDAQ Close, 2nd Update
2007-04-25 22:27:46
[…] is the 2nd update for the contest as the 1st came on Monday night, and here are the latest […]
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