Contest has been closed as of 2/1/09.
The contest couldn’t be any easier this month… acutally, every month is very easy. This month so you can win two ways… one way by luck and one way by skill.
Just answer the question and we’ll put your name in the hat to win the prize below. If you guess ends up being closest to the actual value then you can win too.
So the question is…
“Where will the DOW close at the end of the 1st quarter of 2009?”
Will it land on 7,900 or at 11,532? It may seem like a shot in the dark now, but where do you think the DOW is headed? Enter a number and you will be put in for our drawing of the prize below.
Prize
Winner will receive 6 workshops on charting from our authors in INO TV. These MP3s and digital PDF workbooks will be mailed to you courtesy of INO TV. No shipping, no handling, no catches.
A special prize will be given out to the person with the answer closest to the actual close (winner will be notified April 1st, 2009 via email).
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Advanced Trading Application Candlestick Charting Volume 1 – Gary Wagner & Brad Matheny |
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Advanced Trading Application Candlestick Charting Volume 2 – Gary Wagner & Brad Matheny |
 |
Practical Applications of Candlestick Charts – Gary Wagner |
 |
Bollinger Bands: Construction & Implementation – John Bollinger |
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Point & Figure Charting – Tom Dorsey |
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Finding Tops & Bottoms Using The NYSE Tick Index – Tim Ord |
How To Enter:
Comment on this post telling us what price you think the DOW will close at on March 31, 2009 at 4:00 pm (EST). You have only until the end of January to answer, so think longer-term on this one.
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Rules
1. This contest is open until 11:59 PM on January 31st, 2009.
2. No wrong answers, any participation counts as an entry.
3. One entry per email address.
4. Winner will be picked by random integer software.
5. Winner will be contacted on Friday, February 4th, 2009 via email.
6. Special Prize winner will be the numerical value closest to the official close listed on INO.com.
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Good luck!
My guess-6084
i will get out at 10500
7345
My best guess 8049
8650
1st quarter DOW to close @ 9325.
We could see a close at 7400
I’m going with a March 31, 2009 close of 8688.75
I see 9177
I see some slow recovery by the end of Q1 2009. DOW at 9483!!
The Dow will be at 9694.37.
Dow will close March out at 8,172 right where it is today. After the incredible damage inflicted during the last year, it will take many months of basing to offer any significant upside.
Dow at 8948
Feels like I’m on the price is right. I don’t think the economic stimulus is going to have much of an effect on deflation and the continuing loss of jobs as well as helping the banks that are now on life support with more bad news comming. Dow closes at 7150.
1st quarter DOW close is 7200
1st quarter DOW to hit 7450
1st quarter DOW to hit 9625.
4000-5000 area
In a 4000-5000 areas. In the third quarter some rallies in a sideways market.
Dow will be at 10400 by end of 1Q2009; even with more negative news from the banking sector, investors will be looking ahead to 3rdQ and will see some ray of hope given that companies are moving quickly to layoffs and expense cutting.
March 31st closing guess: 9625
I think we will stay in a trading range I’ll pick 9100.
it will be around 9969
I am hoping for a bullish turn, but if it goes bearish and breaks all support, I predict 6327, so mark me down for 6327. Thanks
8750 is my guess – 4thq will be 5k
Given the global challenges and huge deficit spending, it’s going down. Maybe to 6720.
9288
i want more about presant obma
9269
10500
8953 but i lose the contest and it closes much higher!!!
looks like it is heading south — more towards
6800 by first Quarter .
I belive the dow will be at 8458 at the end of the Quater.
I predict the Dow Jones Industrial Index will close at 8721 on March 31, 2009.
I predict the DOW will trade between 6,000 and 9,999 during the First Quarter of 2009. That was easy.
We have no special insight into the future.
The “Market” is in the hands of people.
“People” are only somewhat predictible.
Watch them climb a mountain and then jump off a cliff.
DJIA at 7200
6950
7299
6813
“Where will the DOW close at the end of the 1st quarter of 2009?”
If a rally starts next week then my best guess is
10,035
7841
honestly, there’s no decent short term chart pattern i can zoom in, in order to “guess” where the dow at the end of the quarter. the weekly and the monthly charts are so darn ugly to see as well. The only defense of the dow is the double bottom (near 7,500 scenario (triple if 2002 low is added in the picture).The question at what level will the parabolic curve burst (which started at the low of 2002 to high of 2007, after the fact)will end must be address first. It is a big factor to determine in order to get a decent “guess” of where the dow will be. I have a theory though but to sum it all, “at what level will the dow close at the end of the quarter”. Honestly, i dont have a clue.
But within the period of 2009 though, basing on “emotional spike theory” and the “20% rule of low”, the parabolic burst ended last nov 2007 low.recovered 20% afterwards, determining the low and confirming the burst target. i would say within 2009, dow will climnb back to 10,200 the least. caveat.
done. now i’m eyeing AIG base on the “theory of gaps”. $250 is nice. when? idk.
Dow will be nearing 7500 with a mid to late year target of 5500.
djia will be between 7500-8000
DOW could close in the 6000-7900 zone.
I think we are headed for another leg down after a slight bounce after Inauguration it will come down to 7420
i say by the end of the quarter 2009 the dow will be around 7587 range….or very close to it
Rich
Sorry folks but to or below 4,000
On the monthly chart the Dow has posted a new low each month since September. On the daily a new low since the 6th January 09. It will be close to support on the day Obama is sworn in to office. A break of the support at about 7,500 sees the next support at about 4000. That sort of momentum could see that level breached to next supports at 3,000 and then below 2000. There are also a lot of fundamentals to my take but too much for here. In short I would say that from the Dow 8,000 in 03 the market was built on easier finance, that has fallen away and the outlook now is much worse than then
THERE ARE STILL ALOT OF CORP. CROOKS OUT THERE.OUR DOLLOAR VALUE IS ABOUT TO DROP.OUR GOVERNMENT IS TRYING TO LAUNCH THE NEW NORTH AMERICAN CURRENCY.JOB LOSSES STILL ON THE RISE.MANUFACTURING CUT BACKS AND WE STILL CAN BE SAFE TO SAY GAS WILL BE GOING BACK UP ON A STEADY RISE SOON,AND NOT TO MENTION WE STILL HAVE A BUNCH OF CROOKS IN OUR GOVERNMENT THAT STILL NEED TO BE EXPOSED.UNCONTROLED IMMIGRATION DEMANDING MORE MONEY FOR MEDICAL AND FOOD.I CAN GO ON AND ON,BUT EVEN RAY CHARELS CAN SEE WHERE OUR COUNTRY IS HEADED IF OUR GOVERNMENT DOESNT PULL THEIR HEADS OUT OF THEIR (YOU KNOW WHAT!!)
BACK TO THE ORGINAL QUESTION,I FEEL THE DOW WILL CLOSE AT 7824
9355
If there is any recovery, it will slow, but looking at the financial results of the major as well as small companies, the short at least looks very bleak. As long as companies don’t change there business plans to become more profitable, by borrowing less,and keep their spending now, we in for a long recession.
Dow will close at 9766.
Dow will close at 10552.33
8611
6880
The dow will close around 9250. The quarter will me mostly flat with several real volitile days & recovery.
I am optimistic and predict the DOW will be at 10,175.
The dow will reach 11,775at the end of the 1st quarter, before reports and the next tumble.
DOW at 8200
9483
Dow will be 8342.04 on the end of 1st quarter 2009
9560
above 11000
We still need to test those lows in November….7480
8480
7654
10246
10200
The dow will close ar 9345 at the end of the 1st quarter
one more leg down to 7500
DOW 9203
DOW will close at 9200 at the end of Q1 2009
Sun is not rising yet! There will be still many disappointments ahead!? DOW will be 7580 points! ;=D
8500
In my opinion, Bear market will still hold good and DOW will be at 7200 at the end of the quarter
The 1st quarter will meander in the 8000 range. I think it will finish around 8872.
The dow will close at 10111
the dow will close at 9750
I think DOW will close around 9800 at the end of Q1, 2009.
The dow will close at 10800
Dow will close at 7700
I hope Roger Aylin wins from the entries I have seen so far, but my guess is 9632.
My calculation for the DOW close in the first quarter is 9875.
It will go down after some recovery. I guess it would land at 7900.
Dow will close at 10573.24
Dow will close at 8350
Dow will close at 9980…
Dow will close at 10300 0n March 31 2009
th e dow will be 12145 at mar 31 2009
Dow 9659 close on March 31, 2009
10161
dow 9698 -march31-09
range bound between 7500 – 10000 till 2010 then MAYBE a breakout if we are lucky!
My best guess is that the market will close @9921
We will have an overdue rebound in the value of US stocks. In the end of I Q. 2009 DOW will oscilate in the 10000 – 10500 area . If I have to be very specific, lets guess – 10250. Nasdaq will get similar upward correction : 2000. In April – May a downward spiral will be resumed again until a bottom is reached somewhere in the mid of 2011.
will be at 9001
I believe the market will be trading around 9031
Dow 9659 close on March 31, 2009
9832 Honeymoon period, desperation and emotion will drive the market up, data will drive it in down Q3/Q4 – 2010 begins recovery
GL All
9827
i would say that NYSE will have a big recovery in hte year of 2009 totally unexpected to the traders.But it will not be an abrupt uptrend.oten it goes up very slowly and pulls back a little to puzzle the traders.
9550
9505
8787
9900.
It will close at 9784.
It will close at 7825.
Very hard to say because I think we will see a new low in the DOW before the end of the first quarter…(in the 5000 range) and then a powerful rally after that….so I will say the DOW will finish trading at 7500 on Mar 31st.
10302
DOW will close at 7000
10850 is my pediction.
I see the dow hitting approx 10850.
Happy New Year!!
8000
I think it will be around 9255
9817 or near there
I have a feeling momentum from this past week and
euphoria around the new administration’s economic
stimulus promises will serve as a further motive
to bring the Dow to about 9000 I would say.
Let’s say 7770 by the end of the 1st Q
The Dow has put in a solid bottom. When the move up will start or end- I don’t know. The chart shows that it could be soon. But a move to 10500 or 11000 in a rapid manner is possible. And remember, because most think it will get worse or go lower, and so does the news, thats when the smart investors have already gathered their positions -opposite the sentiment. Remember Crude and all the other commodities not long ago?????? Global slowdown? Yeah, right!
i don’t make predictions-but:you could be looking at 7443.
I think that DOW is headed south to about 7200.
I’ll go with 7500
10,168
Will close @ 8968.
I think the first quarter will see an Obama honeymoon as the savior takes over, battling against lower corporate returns. Might see 9850 before the magic fades.
Kevin O’Hara
Gansevoort NY
I predict the DOW will be 9111 at the end of 1st quarter.
the Dow will close at 9680
I predict the bears and bulls will be fighting it out the next 3-6 months, then the bulls will predominate. Thet’s what my crystal ball says.
Market is trending higher since Nov. 20-21 but that may have been a false bottom.
it’s Bearish. it might be somewhere around 8400 .
With any luck, where it is today.
Bullist
I think the DOW will close at 8.999 on March 31, 2009 at 4:00 pm (EST). The Bears will be in charge, but control by the Bulls.
The Bulls will be running. Throwing caution to the wind, January will end around 9400.
Dow will be @ 10222 by the end of the 1st Q of 2009.
Where will the Dow close at the end of the first quarter of 2009… I say it will close at 9,678.
DOW is @ 10,650 end of 1st Quarter
2009 year end Dow 9510
I think the Dow will about same place that it is now 8400
Mostly flat, but the BEARS will be in control!
The Dow will close at 9985 at end of first quarter
It is my opinion that the ‘recovery’ is only a
retrace in a Crashing Market – If I should pick
a target price I would say 6703 is as good as I
can choose. I seriously hope for all our sakes
I am dead wrong and being overly pessimistic.