We couldn't resist. With the Dow spiking 4.5% we had to run a contest.
Tell us, dear readers, where will it close?
You know the rules. Closest without going under. The betting window closes 10 minutes before the bell. In the event of a tie the first entry wins.
Go!
Posted by guest , Mar 10, 2009 1:01PM
6838
Posted by guest , Mar 10, 2009 1:02PM
it'll never last: 6603.46
Posted by guest , Mar 10, 2009 1:06PM
6775
Posted by guest , Mar 10, 2009 1:07PM
6,745 CSWTF
Posted by guest , Mar 10, 2009 1:07PM
6923
Posted by guest , Mar 10, 2009 1:10PM
6850
Posted by guest , Mar 10, 2009 1:10PM
Obama portfolio now up 2% in a week...way to go Commander in Chief
Posted by guest , Mar 10, 2009 1:11PM
so does obama portfolio tie to S&P or dow?
Posted by guest , Mar 10, 2009 1:14PM
6689
Posted by guest , Mar 10, 2009 1:17PM
6869
Posted by guest , Mar 10, 2009 1:18PM
Shit's gonna fade, 5950.
-Wildcard Bitches!
Posted by guest , Mar 10, 2009 1:23PM
6750
Posted by guest , Mar 10, 2009 1:23PM
6669, because the market is as confused as a lesbian in bed with a straight guy in a multi person encounter.
Posted by guest , Mar 10, 2009 1:23PM
6728
Posted by guest , Mar 10, 2009 1:24PM
7100
Posted by ShortOil , Mar 10, 2009 1:24PM
6785
Posted by guest , Mar 10, 2009 1:24PM
6702.35
Posted by guest , Mar 10, 2009 1:24PM
5,000
Posted by guest , Mar 10, 2009 1:25PM
6728
Posted by guest , Mar 10, 2009 1:27PM
6767...
Posted by guest , Mar 10, 2009 1:28PM
7040.55
Posted by guest , Mar 10, 2009 1:28PM
6703
Posted by guest , Mar 10, 2009 1:28PM
6635
Posted by guest , Mar 10, 2009 1:28PM
What is the profits to earnings ratio at today? Seems like this rally would have a large impact on valuation metrics.
Posted by guest , Mar 10, 2009 1:29PM
6828
Posted by guest , Mar 10, 2009 1:29PM
6744
Posted by guest , Mar 10, 2009 1:32PM
Are there any Pick Four lotto winners here?
Posted by guest , Mar 10, 2009 1:32PM
48billion
Posted by guest , Mar 10, 2009 1:34PM
6789
Posted by guest , Mar 10, 2009 1:34PM
6767.67
Posted by guest , Mar 10, 2009 1:38PM
6901 - JH
Posted by guest , Mar 10, 2009 1:40PM
6780.08
Posted by guest , Mar 10, 2009 1:43PM
6422
Posted by guest , Mar 10, 2009 1:44PM
6827
- Mongo
Posted by guest , Mar 10, 2009 1:45PM
6949....
~Ken Lewis' barber
Posted by guest , Mar 10, 2009 1:45PM
6969.69
this the dumbest thread, ever.
Posted by guest , Mar 10, 2009 1:46PM
47.9 Billion
-Price as Right Watcher
Posted by guest , Mar 10, 2009 1:50PM
too easy - 0
Posted by guest , Mar 10, 2009 1:51PM
Bull market is back baby! The Chosen One called it! Buy,buy,buy! Frank wants the uptick rule! Bye bye bye shorts! It's all settled! Mustard Seeds!!! Kudlow says to buy!
Dow 36,000!!! (There's an oldie but goodie).
Posted by ShortOil , Mar 10, 2009 1:54PM
hope everyone got short on this move, volume doesn't support this kind of move at all
Posted by blndebnker , Mar 10, 2009 2:00PM
6874
Posted by guest , Mar 10, 2009 2:02PM
6,675.83
Posted by guest , Mar 10, 2009 2:07PM
7,000.00
Posted by guest , Mar 10, 2009 2:11PM
6666.666
Posted by guest , Mar 10, 2009 2:14PM
6851.4
-Glick
Posted by frankthetank , Mar 10, 2009 2:15PM
6777
Posted by guest , Mar 10, 2009 2:22PM
6873
Posted by guest , Mar 10, 2009 2:23PM
@39, I always wondered why the guy picked 36,000 for his number. Why not 35 or 40K? How did he get to 36?
Posted by guest , Mar 10, 2009 2:23PM
6911
Posted by guest , Mar 10, 2009 2:26PM
6820.49
-IWIN
Posted by guest , Mar 10, 2009 2:27PM
Dow 36,000: The New Strategy for Profiting From the Coming Rise in the Stock Market is a book by James K. Glassman and Kevin A. Hassett. It was published in 1999, shortly before the dot-com bubble burst, the Industrial Average reached a record high of 11,750.28 in January 2000
In the introduction to the book, Glassman and Hassett wrote that the book "Stocks are now in the midst of a one-time-only rise to much higher ground–to the neighborhood of 36,000 on the Dow Jones industrial average."[2]
Glassman and Hassett believe that both investors and official commentators have misperceived stocks as a risky investment which should require a premium return, when compared to ‘safe’ investments such as government bonds.
If stocks and bonds were treated as equally risky, Glassman and Hassett argue, the Dow Jones index would be around 36000. Hence, anyone who gets in now and stays for the long haul, can expect returns of around 300 per cent (in addition to the normal interest rate) as the rest of the market wakes up. Once this historic correction is over, the efficient markets hypothesis will hold sway.[3].
Posted by guest , Mar 10, 2009 2:29PM
6820.49
-IWIN
Posted by guest , Mar 10, 2009 2:31PM
6853
Posted by mrpink , Mar 10, 2009 2:39PM
6850, Bob
-mrp
Posted by guest , Mar 10, 2009 2:40PM
6769
Posted by guest , Mar 10, 2009 2:46PM
7001 - how do i collect my prize
Posted by guest , Mar 10, 2009 2:47PM
6915.66
-js
Posted by guest , Mar 10, 2009 2:49PM
Wins what? It this another Madoff run enterprise?
Posted by Investorcluzo , Mar 10, 2009 2:56PM
6536...alas, yet another rally fades and investors are left scratching their heads thinking: what happened to the 30% rip?
Posted by michange , Mar 10, 2009 3:02PM
6494
This dead cat has legs
Posted by guest , Mar 10, 2009 3:04PM
6941
Posted by michange , Mar 10, 2009 3:04PM
6494
This dead cat has legs...
Posted by StillNoCouch , Mar 10, 2009 3:05PM
10 minutes before the bell ?
Come on !
Posted by Formerly FEPWJ , Mar 10, 2009 3:05PM
6814.73
If I win I'm taking wideclops out to a $5.95 all you can eat sushi buffet, her and boots from ML enjoy it there....
Posted by guest , Mar 10, 2009 3:12PM
6915.2
(my favorite position, the age I lost my virginity and the duration of the encounter)
Posted by guest , Mar 10, 2009 3:21PM
@57 (-js)
#65 here
Sorry about that... just saw your guess... my revised number is 6925
Posted by guest , Mar 10, 2009 3:26PM
6870
Posted by guest , Mar 10, 2009 3:27PM
6870
Posted by blndebnker , Mar 10, 2009 3:30PM
OMG I'm winning. Hold steady!
Posted by guest , Mar 10, 2009 3:32PM
6742
Posted by guest , Mar 10, 2009 3:39PM
6860
Posted by guest , Mar 10, 2009 3:42PM
6874
Posted by guest , Mar 10, 2009 3:43PM
@65 from 57
Don't worry - good minds think alike -
Posted by guest , Mar 10, 2009 3:45PM
6860
-ENG
Posted by guest , Mar 10, 2009 3:48PM
6870---DWP
Posted by guest , Mar 10, 2009 3:48PM
6870---DWP
Posted by guest , Mar 10, 2009 3:48PM
6870---DWP
Posted by guest , Mar 10, 2009 3:49PM
6865.56
Posted by guest , Mar 10, 2009 3:55PM
looks like guest is going to nail it.
Posted by guest , Mar 10, 2009 4:00PM
I'm guessing on the Kudlow Report tonight the headline will be "2009 -- Could this be the start of a new bull market?! Are the mustard seeds sprouting!?"
Posted by Investorcluzo , Mar 10, 2009 4:07PM
looks like 65 wins due to the revision because of 57's post. talk about a reach around/donkey punch!
Posted by guest , Mar 10, 2009 4:13PM
@5
Posted by guest , Mar 10, 2009 4:13PM
65/66 here... what did I win?
Posted by guest , Mar 10, 2009 4:23PM
6924
Posted by guest , Mar 10, 2009 4:43PM
@ 66 from 57 You owe me...I pushed you into the win! (:-))
Any particular method you used or just guesswork?
Posted by guest , Mar 10, 2009 4:46PM
@84 - 23 minutes after the bell and you still didn't win?
You are NOT Madoff Securities material.
Posted by guest , Mar 10, 2009 5:01PM
@57/85
You're right, I owe you one... getting there was a little of both but primarily a (lucky?) guess.
Now here's the payback - buy 100 shares of SPH at the open and hold it for 2 days, then dump. You're welcome!
Posted by guest , Mar 10, 2009 5:09PM
"Closest without going under."
61 winner?
Posted by guest , Mar 12, 2009 3:27PM
Hey #87
For the hell of it, I took your advice and made a few hundred bucks off SPH for myself!
Thanks dude, well done!