Helloooo to all you FAB forecasters. Here are the final week 39 forecasts for end of Quarter-3 competition.
We have me leading the bulls with a mere 44 point move upwards and Velo the bear with another 133 point drop. 2 bulls v 5 bears. We are just a little down at 3680's at the mo. Nothing to shout about. Hoping the bulls will come charging in towards the end of the week in search of value. However, it does feel like the market is resigning itself to a recession and some tiny weeny itsy bitsy level of pain.
Wishing you all a good trading week.
fwiw looks like CV has played a tactical forecast and went with the same bear call as Velo and thus, is assured of winning Quarter-3 competition and pocketing $50 in Amazon prize vouchers.
Ideally, Velo, you should have sent in a sealed forecast so CV didn't see your forecast until he casts his, to put you in with a chance of drawing and possibly winning the quarter on gold medal difference if you had come first. As below, if CV lost a point and you got gold with 4 points, then you could have won. Anyhow, just a comment for future reference for you forecasters.
In the last closing single minutes, after never visiting that area at all, it descended into the 3500's
- with just single minutes to spare before the closing bell!
If they were refilming Trading Places, that's how they'd do it in Hollywood
The only entry for the 3500's is most satisfying even though not the outright winning entry.
Not concerned I didn't get a gold medal but even in second place, it's again only single points away from the gold medal.
3500's - Surely the floor for this retrace is near to hand now?
If you are still okay carrying the management of the competition, to the last quarter, I'll tidy up the Excel sheet and send to you via email. Please let me know your email address via private mail here and I'll post sometime over this weekend.
It will require some basic Excel formula work with cutting and pasting but nothing too advanced.
You can also do your own thing, as you think best.