Hello fellow Slopers!
Bifferman and I have come up with a contest with REAL prizes to celebrate the up coming Slopefest!
The contest: to guess the closing price of the Standard and Poor's 500 (SPX) on Friday May 7, 2010.
These are the prizes:
1st Place: 2 Morgan silver dollars. Common date and in circulated condition.
2nd Place: 1 Morgan silver dollar. Common date and in circulated condition.
3rd Place: Nice selection of crisp Weimar German Notgeld notes. If your not familiar, here is a link: http://germannotgeld.com/
4th Place: A bull sac (You will have to ask Biff what that is!) and a special prize, better known as a booby prize, for the person who's guesstimate is the FURTHEST from the close: a 1 Trillion Zimbabwe Dollar Banknote.
Here are the rules:
1. Since this is a bear blog, in order to win either first or second prize, your guess cannot exceed the actual close on the SPX. An over estimation will not exclude you from winning the other two prizes.
2. In the unlikely event of a tie for first place, two Morgan dollars will be awarded the tying guess for first place.
3. For those of you who decide to game the rules to get the fourth place prize by estimating a ridiculous number like 1 or 100,000, the holders of the contest reserve the right to exclude such entries at their discretion.
Further information: I, Market Sniper, will recuse myself from participation in the contest. I am providing the prizes for first through third place. Biff is supplying the fourth place prize and booby prize. Biff and I are in further discussion as to a potential prize for the lucky Slopefest attendee closest to the closing number. I will collect all guesses and forward a copy to Biff. If our gracious host allows, the responses will be the subject of another post.
ALL ENTRIES MUST BE SUBMITTED PRIOR TO NYSE MARKET CLOSE ON WEDNESDAY MARCH 31, 2010.
Please submit your entry to slopefest@gmail.com
BEST OF LUCK TO ALL!!!