The Wisdom of Crowds Experiment

[megamuel]

5,129.92 According to yahoo finance. 4.08 points out, not bad!!!

 

[Black Swan]

5,129.92 According to yahoo finance. 4.08 points out, not bad!!!

I predicted 5125..so close. Next week same procedure?

 

[megamuel]

Mine was 4980 so not so close. Yeah I think we should do it again and try and get some more guesses.

 

[redart]

cant remember what I guessed....?....

 

[dc2000]

be handy if this was a sticky

 

[redart]

cant remember what I guessed....?....

found it.
I said 5122 - must try harder...

 

[Big_P]

So closing price according to ft.com - 5130

4 points out !!

This thread might gain a bit of interest, so same again next week?

Email me your guesses by 4.30pm on Tuesday ...

Let's see how close we get next week!

Big P

 

[Big_P]

How about we make this a bit interesting.

I will trade out the average of the guesses, nothing too big, just £1-£2/ point. Quite how I do this... well I will need your suggestions.

Closest guess gets half of the profit (if any) which I will paypal to them.

I will take the risk and of course half of the potential reward.

What do you say?

 

[dan1986ccfc]

I'm up for posting an estimate each week. Despite being way out first try, although I suppose this helped bring the average up :cheesy: .

If anything it will increase my interest within the indices. 👍

 

[Filo]

I'am a day trader ... just post it for the day ... 🙂

 

[Black Swan]

How about we make this a bit interesting.

I will trade out the average of the guesses, nothing too big, just £1-£2/ point. Quite how I do this... well I will need your suggestions.

Closest guess gets half of the profit (if any) which I will paypal to them.

I will take the risk and of course half of the potential reward.

What do you say?

Charity mate..😉

 

[Big_P]

Sorry guys, been a bit side-tracked this week ...

No guesses either for this Friday so far 🙁

Let's give it one more go. If we can really get some momentum going, then I like Black Swan's idea of giving something to charity if the concept starts turning a profit.

Guesses by Wednesday 4.30pm (31st August) for FTSE close on Friday (2nd September).

If the interest dies this week then I'll ditch it.

Cheers

Big P

 

[Big_P]

Interest has died for this experiment as only 2 guesses this week. Thanks to dan1986ccfc and Vorbis in any case.

Mods - please close this thread.

All the best

Big P