SmartMoney Market Madness 2008 Stock Picking Tournament debut March 19, 2008. A valid email address was required to register and join. The rules of the tournament made it highly unlikely that stock-picking talent counted for much on the ultimate winner. Even so, the organizers made it worthwhile, as the grand prize was $10,000. In a nutshell, the player predicts out-performance from a selection of 64 stocks while pitting two stocks against one another for a single day. The predicted stock winning selections advance to the subsequent round and the process continues until the final winning stock remains. There are points weighted to each round and the winner is whoever gets the highest points. There is also a mechanism to break any ties. Following are our selections:
Predicting the value of Dow Jones Industrial Average (DJIA) on 04/07/2008 was the tie-breaking tactic. Our prediction was 12250. As with most stock contests, the skill involved was minimal. The entertainment value was the king.
Round | Date | Value | Growth | Income | International |
Pool | - | COP, BA, TWX, AMGN, DELL, DD, NOC, S, ETN, PH, DGX, BSC, EDS, HSY, BDK, STZ | AAPL, RIMM, AMZN, NOV, WFR, MA, FSLR, ISRG, GME, FLIR, BEAV, JCG, CROX, UTHR, PRXL, SIGM | GE, T, BAC, MO, PFE, LLY, HD, DOW, KMB, SO, CCL, LNC, HNZ, SLE, HOG, MAT | CHL, HBC, RTP, NOK, TOT, SAP, CAJ, VIP, TEVA, INFY, TKC, WIT, AUO, RYAAY, BIDU, RDS.A |
1st Round (1 point) | March 20th | COP, TWX, DELL, S, PH, DGX, EDS, STZ | AAPL, AMZN, MA, FSLR, FLIR, BEAV, CROX, SIGM | GE, BAC, PFE, HD, KMB, LNC, SLE, HOG | HBC, NOK, TOT, CAJ, TEVA, TKC, RYAAY, BIDU |
2nd Round (2 points) | March 24th & 25th | COP, S, PH, EDS | AMZN, FSLR, BEAV, SIGM | BAC, HD, KMB, HOG | NOK, CAJ, TKC, RYAAY |
3rd Round (5 points) | March 27th & 28th | S, EDS | AMZN, SIGM | BAC, HOG | CAJ, TKC |
Quarter Finals (10 points) | March 31st & April 1 | S | SIGM | HOG | CAJ |
Semifinals (15 points) | April 3rd | None | SIGM | None | CAJ |
Finals (25 points) | April 7th | - | SIGM |
Predicting the value of Dow Jones Industrial Average (DJIA) on 04/07/2008 was the tie-breaking tactic. Our prediction was 12250. As with most stock contests, the skill involved was minimal. The entertainment value was the king.
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