I'm still in 2nd place... 24 pts from the leader. I gained significantly today, and hope the National Bank of Greece can pull through for me and gain +2 points giving me a 90% accuracy rating and the contest lead! Oh please, I know Greece is HOT right now...with the fires and NBG getting an outperform rating recently. It is going to be a close call, I'll be on a plane when the contest ends, so I won't know whether I've taken the lead at the right moment or not until sometime after! Haha, the suspense! [more]
Today's announcement that oil and precious metals are declining with a broad sell-off as funds liquidate metal and gold holdings has left me with mixed feelings. On one hand, my real portfolio is heavy on gold and oil at the moment, which has not fared well under the current circumstances. In the Summer Foolery game, however, it appears that if the basic materials short pro-shares keeps rising it might bring down our number one fool and put me in 1st? I see 15 days remaining and I need to make up some 50 points now, it appears if current conditions persist this might occur. On the otherhand, the second game for the WII I'm pretty much crushed by the weight of gold on this one...I swung for the fences on the price of gold going up. Good luck! [more]
This has been such a wild week for me both in the game and in my real portfolio. It's funny, I actually decided to start investing again, after about 10 years off, the very day the market broke 14,000 for the first time! I guess this recent meltdown trend is my fault. :) [more]
Taking a suggestion from a friend... another resource for everyone out there. Earn real money (through Paypal) if your portfolio beats the market! Here's the link:http://www.theupdown.com/newUser.do?_refer=20514 [more]
I'm currently sitting in 3rd place for the Foolish contest. Very encouraging considering my rating is <20 and everyone else in the top 10 have 90+. This at least gives me some hope after my real portfolio took a dive this week.