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!
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6838
it’ll never last: 6603.46
6,745 CSWTF
6923
6850
Obama portfolio now up 2% in a week…way to go Commander in Chief
so does obama portfolio tie to S&P or dow?
6689
6869
Shit’s gonna fade, 5950.
-Wildcard Bitches!
6750
6669, because the market is as confused as a lesbian in bed with a straight guy in a multi person encounter.
6728
7100
6785
6702.35
5,000
6728
6767…
7040.55
6635
What is the profits to earnings ratio at today? Seems like this rally would have a large impact on valuation metrics.
6828
6744
Are there any Pick Four lotto winners here?
48billion
6789
6767.67
6901 – JH
6780.08
6422
6827
- Mongo
6949….
~Ken Lewis’ barber
6969.69
this the dumbest thread, ever.
47.9 Billion
-Price as Right Watcher
too easy – 0
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).
hope everyone got short on this move, volume doesn’t support this kind of move at all
6874
6,675.83
7,000.00
6666.666
6851.4
-Glick
6777
6873
@39, I always wondered why the guy picked 36,000 for his number. Why not 35 or 40K? How did he get to 36?
6911
6820.49
-IWIN
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].
6820.49
-IWIN
6853
6850, Bob
-mrp
6769
7001 – how do i collect my prize
6915.66
-js
Wins what? It this another Madoff run enterprise?
6536…alas, yet another rally fades and investors are left scratching their heads thinking: what happened to the 30% rip?
6494
This dead cat has legs
6941
6494
This dead cat has legs…
10 minutes before the bell ?
Come on !
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….
6915.2
(my favorite position, the age I lost my virginity and the duration of the encounter)
@57 (-js)
#65 here
Sorry about that… just saw your guess… my revised number is 6925
6870
6870
OMG I’m winning. Hold steady!
6742
6860
6874
@65 from 57
Don’t worry – good minds think alike -
6860
-ENG
6870—DWP
6870—DWP
6870—DWP
6865.56
looks like guest is going to nail it.
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!?”
looks like 65 wins due to the revision because of 57′s post. talk about a reach around/donkey punch!
@5
65/66 here… what did I win?
6924
@ 66 from 57 You owe me…I pushed you into the win! (:-))
Any particular method you used or just guesswork?
@84 – 23 minutes after the bell and you still didn’t win?
You are NOT Madoff Securities material.
@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!
“Closest without going under.”
61 winner?
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!