S&P 500
1295.22
-9.64 -0.74%
Dow Indu
12369.38
-73.11 -0.59%
Nasdaq
2779.10
-34.59 -1.24%
Crude Oil
92.14
+0.34 +0.37%
Gold
1586.09
-11.91 -0.75%
CRB Index
290.31
-0.12 -0.03%
US Dollar
81.341
+0.049 +0.06%
Weak

Trader’s Blog Contest For October

“At what price will the DOW close for the last day of 2009”

Pick a price that you think will match the close for December 31st, 2009. You can simply enter a price (i.e. 1100) or you can enter a price and a short analysis of how/why you chose that price. Unlike our other monthly contests, we are giving away a small prize pack to a random participant for the month as well as a grand prize to the person that comes closest to the actual price. We will be contacting the grand prize winner on Monday, January 4th via email. Just leave a comment on this post stating that price at which you believe the DOW will close for 2009 and a brief comment (optional). ONE ENTRY PER PERSON OR YOU WILL BE REMOVED FROM THE CONTEST.

Michelle & Jeremy of MarketClub

Monthly Prize Winner will receive…

MarketClub Hat

MarketClub Shirt

1 Complimentary Month of MarketClub

Grand Prize Winner will receive…

MarketClub Hat

MarketClub Zip Drive

MarketClub Shirt

3 Complimentary Months of MarketClub

How To Enter:

Comment on this post telling us the price at which you think the DOW will close for 2009. You may add a little bit of commentary or opinion if you would like to… just keep it clean and remember that there is only one entry per person. All multiple entries will be deleted without notification.

Rules

1. This contest is open until 11:59 PM (Eastern) on October 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. Monthly Prize Winner will be contacted on Monday, November 2nd, 2009 via email. The Grand Prize Winner will be contacted on Monday, January 4th via email.

Good luck!

Comments

  1. milton hillman says:

    The Dow will fall out of bed in the next 2 months as the dollar is destroyed by the fraud of our politicians and the Federal Reserve.
    I predict it will end up at 8.592

  2. A.Einstein says:

    Close at 10890.

  3. Lee Tang says:

    I think the Dow will be at 10450 by December 31, 2009.

  4. 8701, wave 3 has begin, and major support is this are, with a lot of previous price action in this range, it might take a couple of weeks to punch through these bands. I wrote a blog about this coming wave 3, and tied it together with some fractals that formed in 2008. It is done on the SPX, so I had to super-impose my chart over the DOW to get the number I did. For anyone interested in fractals, you might enjoy this post from my blog, EW Trends and Charts.
    http://ewtrendsandcharts.blogspot.com/2009/10/fractals.html

  5. Crawford says:

    10149

  6. Ali says:

    9010

  7. Gary says:

    11520.39

  8. RMWright says:

    8666…cheers

  9. Bob McCauley says:

    8127 – oh my !

  10. Eddy says:

    I think the Dow will be at 9.100 by the end of 2009.

  11. David says:

    8737

  12. RobertW. Rogers says:

    Sorry all you who entered, the final will be 10,114.82.

  13. Ralph says:

    9375 right around the major support level

  14. Jimmie says:

    9,859.58

  15. terry nendza says:

    7887

  16. Steve Greenblatt says:

    9201.78

  17. Alex says:

    finish the year off at 7866

  18. Lorin says:

    9710

  19. Vince Falbo says:

    DOW closes year at 8100. Christmas sales dissappoint.

  20. ed says:

    DOW WILL BE BELOW 7500, DUE TO THE 3RD WAVE DOWN WHICH JUST STARTED

  21. jonnynav says:

    8197

  22. Steve says:

    about 10,000

  23. Enrique says:

    Market close for the year 2009 at 8096.

  24. Sheryl Rogers says:

    year end dow at 10,100

  25. Robert says:

    Dow will end 2009 at 8305.

  26. Talc says:

    I think Dow is going to end up at 8548.

  27. Debbie says:

    the strenghting of the dollar is temporary, the dow will close at around 12,212.06.

  28. henry says:

    9351
    looking for ODD number
    good luck to all
    henry

  29. Hamsini says:

    The DOW will be at 8250 by year end. Asset valuations will come down with strengthening dollar.

  30. JPatrick Hughes says:

    DOW will close around 7777

  31. DAN says:

    I think the Dow will close aroun 7470.
    I believe the shoe is about to drop.
    Dan

  32. JoAnn Moreschini says:

    DOW around 10657

  33. Gary Nuernberg says:

    dow will finish at 9020.23

  34. Frank says:

    Depends on trends and stimuli. Must fall between 6500 and 14200. I say
    8762.

  35. J. Larikka says:

    11321

  36. D.Shane says:

    My guess for the Dow at the end of 2009 is 9,450

  37. Bernie says:

    8310

  38. Hardy says:

    My guess for the Dow at the end of 2009 is 10,488.8

  39. Jael says:

    Dow will be 9899 by the end of 2009

  40. richard dicey says:

    my price end of year 90252

  41. Farzi says:

    I would say between high 10,500.

  42. David says:

    10400

  43. mardoc says:

    ever the optimist;I want the DOW at 12500.why not ?we live in interesting times,Don’t we??????????

  44. Rolf Andersson says:

    Dow stänger 8671, fler bubblor och tråkiga nyheter är att vänta,byxorna är inte färdigtvättade

  45. Danny says:

    Think it will finish up at 9956

  46. William Gault says:

    10999

  47. Elaine Herman says:

    The DOW will be 10,310.

  48. rich f says:

    My guess is 10,553.

  49. Oscar s says:

    I think dow still have some upside potential and my target will be at 9489 by the end of this year.

  50. adennis says:

    Dow projection: 9445

  51. Phillip S says:

    9,467 Dow

    Adam, thanks for your videos.

  52. jeff says:

    the dow will reach 12666.66 ditto for sp500 1266.66

  53. Lee T says:

    My guess is 10850. That number corresponds to where the wheels really started to come off back in the beginning of Oct 08. I’m guessing that number will constitute some resistance that will be hard to get through.

  54. Claude says:

    Dow will close at 11222 on 31 Dec 09.

    Cheers!

  55. Donny K says:

    DOW will close at 10,904.04 !!!!!

    Up 20.7% for the year!!!

    BOOK IT DANO!

    Donny K

  56. Charles Deaton says:

    Here in southwest Arkansas the economy is holding its own as of now..
    Potlatch has closed a plant sometime back.. When the weather improves (we had record amounts of rain for the year) things will improve for the loggers and farmers. I see things getting better from now to the next 3 to 4 years…..Arkansas unemploymnent rate is 7.1% not bad compared to many other parts of the US….We are a diversified economy in Arkansas…. Agriculture based…

  57. michael says:

    I believe the DOW will finish 2009 with 12305.

  58. Scott Young says:

    Dow at 11089 at EOY.

  59. Mike Flynn says:

    looks like 11,757

  60. Syed Hussain says:

    Dow will be ~9002 at 2009 end.

  61. Robert says:

    I like you website and I find it very interesting.By the way Adam,I saw your picture and you and I look very much alike.I may subscribe to your website in the future and I like the way you teach online.I nevere saw that before and you seem to know what you are talking about.I saw your ad on Blumberg on a New York Channel last night and it’s a good ad.Looking forward to future e-mails.
    Sincerely,Robert

  62. Claudius says:

    The dow will close 10252

    • dave Monsky says:

      I think that @ the yr.-end 2009 the Dow will be trading somewhere below the $10,300 level. And if I had to put a no. on it I would say: 10,292.35.

  63. Del says:

    11150 – no comment

  64. Roy Thorneycroft says:

    Dow at 10,073 by year end.
    Up and Down movement

  65. Margeir says:

    9455

  66. David McNair says:

    10350

  67. patrick says:

    10,550

  68. Carola Plumhoff says:

    10333 DOW close for 2009

  69. Carola Plumhoff says:

    10,333 DOW Close 1/31/09

  70. Valtinho says:

    Here is a quote from Lao Tzu:

    “Those who have knowledge, don’t predict. Those who predict, don’t have knowledge.”

    So I admit that I don’t know and I am just guessing like everyone else here, but since I could use a hat and a t-shirt, here it goes:

    Dow by Dec. 31, 2009 = $8,597.48 (which is 1 std. deviation down from the current price)

  71. Alki G says:

    11587

  72. Dan Green says:

    11223 ???

  73. denis fortier says:

    10901 reasonable before next correction.

  74. Terry says:

    6700 how about that?

  75. Samuel says:

    10400 close but no cigar!

  76. TH says:

    9273

  77. wm mcinnis says:

    dow yr close @ 8,455

  78. Roger Lussier says:

    Dpw will closr at 11059

  79. Dan OLeary says:

    The market will close at 10,480 for the year

  80. Eldan A says:

    7888

  81. Mike says:

    10682

  82. William Gault says:

    As you are asking for a prediction for the “PRICE” of the DOW and not at what value the DOW will be at at the end of the year: The ticker symbol DOW (DOW CHEM CO COM) will have a cost at the end of the year at $28.00 per share. :)

  83. Phil M says:

    The Dow will close at 10,120.

  84. Adam says:

    The DOW will in the 10800 range

  85. Joy Prendergast says:

    The Dow will close 2009 at 10,225

  86. TIM says:

    9056, about a 10% sell off from the high of just of 10,062 in early oct

  87. Michael says:

    I’m looking at 100 points +/- 11,751…(this from one who has been studying charts for only 5-6 months so don’t put to much on it) :)

  88. Robert Ward says:

    My guess is that the Dow will close at the end of the year at 11,283 —

    but I will add that after the start of the new year it will once again fall, fall to the 8,000 level

  89. Judy says:

    I believe the Dow will close at 11,574 on the 31st of December 2009. I hope I’m right so that we can all enjoy a happier 2010!

  90. Anthony Wright says:

    My guess is the Dow will certainly gain through the last Quarter, closing at an easy 11600. Next year might be a little different though!!

  91. Bill says:

    The DOW will close at 11,109 on the last day of 2009. Then watch out for 2010 first quarter, as it heads down…

  92. Rick Simmons says:

    I am a bear with this market. Fundelmentals still weak. To many people not working. Consumer goods not being bought. Christmas sales will determine to a large extent what the market will look like.
    DOW 8107

  93. kongjong says:

    will reach to 11500.

  94. Daniil says:

    I think Dow will close at 10500, slightly higher than its 50% Fibonacci retracement from its lowest point in February 2009.

  95. Adam says:

    According to my calculations :-) , it should get up to 10015.20 – good luck to everyone. Cheers

  96. jim says:

    11920

  97. mike says:

    my guess would be 10490

  98. JohnZ says:

    Dow will be at 11111 – because the dollar is weak. Real value in 2007 peak terms will be approximately a 50% retracement of the current rally. Dollar is falling so fast that retracement has to include a “correction factor” – thats not the way it was back in the day when the retracement math was conceived.

  99. Donna says:

    I think the DOW will be around 11400 mark by Dec 31st, 2009

  100. greg maurer says:

    The Dow will close at 7797 on Dec. 31, 2009. A 61% retracement of this floundering Bear market “super rally” that began in March 2009.

    Now if the US Dollar falls over the cliff at 76, the Dow could be in orbit around the Moon by Christmas, but I’ll stick with 7797.

  101. Charles Deaton says:

    I think the DOW will close at 9785 on December 31, 2009

  102. Karen says:

    The DOW will be at 10,015 after falling to re-test support from previous highs.
    (Everthing is backwards right now – so stocks will break above 10,000 during October/November, become over-sold and then fall during the year-end period … instead of rally further).

  103. mick says:

    It will end at 10027.

  104. Don G says:

    10,532

  105. Henry says:

    8500

  106. Patprick says:

    Looks like 8822.87. Time for the October pullback.

  107. Carole H says:

    10019 – Just a wild guess

  108. John Zee says:

    2009 close 7895

  109. james moser says:

    a health level in a slow recovery,but still a recovery.retail sales and the consumer back to work will have hit bottom and will be beginning to bounce up,with housing having positive numbers gdp increasing by eoy.

  110. Jason Argiro says:

    My prediction is that on Thursday, December 31, the Dow will close at 11,237. A crush of short covering by inverse funds will cause this spike, soon to be followed by a pull-back. Gradually, the realities of back-breaking unemployment, falling expectations, repositioning of the epicenter of global growth, and a surge in bets on the short side will cause the Dow to tumble. Considering the meteoric rise from first touching 2,000 in 1987, to crashing 20% in October of the same year, to spiking from 3,200 when Bill Clinton was inaugurated in 1993 to 11,200 when Clinton left office in 2001, we can expect the Dow to migrate to the mathematically predicted normal level of about 6,700. After the following depression sets in, the Dow will stumble along and after a few years, will hit a low of 4,783. Overpopulation, diminishing resources, overcrowding, and gradual increase in misery will be the inheritance of our children.

  111. Ron Forkner says:

    I’m looking for Dow at 7989 by the last day of 2009, the end of a medium term cycle low.

  112. patrick schuppe says:

    i think the dow will hiot on 12/31 10500

  113. Jon Zuccolo says:

    My guess the DOW closes around 12,780 by year end

  114. zagman says:

    My estimate is DOW & 7764.
    20% up from the March low.

  115. chn says:

    dow @10666 year end

  116. Jim Bock says:

    My guess is The djia will close at 10,285 at year end.

  117. Gerry says:

    Dow will close at 10409 for 2009

  118. José Calheiros says:

    Dow will be at 8400 by year end

  119. merlin says:

    6047 dec 31

  120. Dawn says:

    The Dow Jones will be at 10,453.74 the last trading day of the year, 2009.

  121. Mozes says:

    7211, for the DOW by years end

  122. Brian says:

    DOW at end of year will be 10,197

  123. Raul says:

    Dow will close at 8475, dollar must go up or currency markets fall apart, therefore stocks must come down.

  124. Vaughn says:

    DOW 8303

  125. patschuppe says:

    my call on the dow 10500 for the close dec. 31, 09

  126. Don Dean says:

    I think the dow will fall to 9002
    Don Dean,Maine

  127. PeterB says:

    8336

  128. barb says:

    My guess 9950

  129. e c says:

    DOW@ 10999 on 12/31/09

  130. Igor M. says:

    My guess DOW @ 7250 on 12/31/09

  131. diego says:

    the down, let me see…. i thing about 9645 points!!!!….will see…

    congratulation for the web!!

  132. Peter Ris says:

    31/12/2009 Dow will be at 7100

  133. vladimir says:

    DOW at Year end will be around 5000

  134. Phil says:

    10636

  135. Jan says:

    DOW closing price for December 31, 2009 will be 9733

  136. Richard Silverman says:

    10,986 – unless the unavoidable crash starts before the year-end rally

  137. jugal says:

    11745

  138. mike49 says:

    8085

  139. Anne says:

    Closing price for Dow 31 Dec.8543.68

    and —- I think gold will rise to $1328
    I know that wasn’t the question but its more interesting!

  140. Alex Lim says:

    I guest somewhere 12300 point

  141. Alex Lim says:

    I guest somewhere 12000 point

  142. Delos Adams says:

    Low to Mid 9′s.
    9350

  143. Lorin L. says:

    10,364

  144. Gajju says:

    10800 which is 20% gain for 2009

  145. Scott says:

    8780 on the nose….heheh.

  146. Rasto says:

    8888

  147. Jonathan says:

    It will close at 7230

  148. Jamil Azzam says:

    With Respect to my Analysis the Dow will be on 9965

  149. Ashish says:

    10300

  150. Dan de Man says:

    9999

  151. Tom says:

    6,500 -ish

  152. mike says:

    I think the it will drop to around 8000 completing the head of a future head and shoulders top. I think that by then some more ugliness will be upon us driven by higher inflation.

  153. Colin Lee says:

    I’ll say 7500.

  154. Walter Smith says:

    Gold, silver and oil rising by then should offset some of the crashing we will hear, so I say 10053.

  155. Roy Wagner says:

    8737

  156. jay says:

    11126

  157. e. mccutcheon says:

    11000

  158. Brian says:

    9549

  159. Bill Engelhardt says:

    It will be at 10667

  160. Martin says:

    10330

  161. leroy bluhm says:

    12000

  162. santana says:

    10500-11001

  163. Fred Bacon says:

    Elliott Wave on a weekly chart indicates a close of the DOW at 7723 at the end of the year.

  164. Andrew Trat says:

    6800

  165. lucio Scotti says:

    8000 Around 50% Retracement of Sep High.

    P.S
    Thanks Adam for your Help regarding S&p 500 MACD divergence it worked a treat. Made few pounds on FTSE100 index as I trade from England,also thanks regarding Gold late videos.

  166. Mario says:

    Dow will be at 10543 by YE

  167. Francis Seah says:

    5165

  168. Shivam Goel says:

    I think around 8750-9250..

    • dave Monsky says:

      I believe that the Dow will close out the year at 10291.35 to maybe up to the 10,300 level, but if I was to guess 1 no then 10,292.35 would be it.

  169. Norm says:

    7854

  170. Ernest Berthold says:

    DOW will close for 2009 @ 9273

  171. Jim Peterson says:

    DOW 8888 or less

  172. Bhajan Singh says:

    I think year end Dow will be 10347

  173. David Ross says:

    DOW will close for 2009 @ 11861

  174. Elaine says:

    I think the Dow will be 9879.

  175. marek says:

    My bullish end for 2009 in DOW is 7390

  176. Raymond Stoudt says:

    EOY @ 11454 looks good to me.

  177. John T. says:

    The DOW will close the year at 8330.22. There is still a lot of bad news to come out this year.

  178. james blessing says:

    8,120 oh my !!!

  179. Bob S says:

    9850 Down then up.

  180. Ralph Yarnal says:

    My best guess is 11,383 then watch out below. It should be lots of fun for us traders. BTW — I used a combination of Fibs and found a rest area which I think will be the test of the DOW.

    Thanks for the opportunity.

  181. ann says:

    11200

  182. Ravi says:

    11000, lets not forgot the year end rally.

  183. Sylvia says:

    I think it will be @ 10,245

  184. George R. says:

    9010

  185. Jimmy Higgins says:

    I think 10200 will be it.

  186. 9000

  187. Loic de Cupper says:

    The dow will be around 8923, 50% retracement of the last move up.

  188. I’m actually feeling a Bull run on the closing 2 to 3 weeks prior to Years end that should finish between
    10,300 to 10,600

    This will set the Market up, for a surprisingly Bullish 2010 that will surprise many sitting on the side lines.

Trackbacks

  1. [...] October of 2009, the Trader’s Blog ran a contest to see if any visitor could pick the closing price of the DOW for 2009. We had over 200 people enter with answers ranging anywhere from “who cares,” to [...]

  2. [...] winner of the October Trader’s Blog contest, where we asked ““At what price will the DOW close for the last day of 2009?” is random comment number 117. We had 203 responses, but only 187 eligible [...]

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