Well done to Trader JR who get's him self sandwiched between two averages.
Bulls have it this week. Interestingly however, Mr Average takes the leader position knocking WallStWarrior into 2nd place.
............................................................................Average
................................Trader JR
.....................................................................Weighted Average
Don't know how next week will turn out. Reception may be patchy for me. Keep the forecasts coming I'll play catch up and will sort it out in due course.
Another interesting point and a reminder; from last week CV being 3 times more bullish and Mike being a bear. Although Mike is closer to the week's close, CV getting direction right means going long he gets to make money. Mike being closer to the weekly close going short means he loses money. Hence, why points deducted for getting direction wrong.
It's all about making money. Not proximity to being 'more' right about a losing position. Pat's original scoring method is deceptively ingenious.