Trader’s Blog Contest for January

January 1, 2009 · By Lindsay · Filed Under Contests & Games 

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).

Advanced Trading Application Candlestick Charting Volume 1 - Gary Wagner & Brad Matheny
Advanced Trading Application Candlestick Charting Volume 2 - Gary Wagner & Brad Matheny
Practical Applications of Candlestick Charts - Gary Wagner
Bollinger Bands: Construction & Implementation - John Bollinger
Point & Figure Charting - Tom Dorsey
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.

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.

Good luck!

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139 Comments »

Comment by Brian Valentine
2009-01-01 10:26:06

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.

 
Comment by Anne Venus
2009-01-01 10:33:28

The Dow will close at 9985 at end of first quarter

 
Comment by Bill D
2009-01-01 10:53:25

Mostly flat, but the BEARS will be in control!

 
Comment by Jack Philips
2009-01-01 11:33:48

I think the Dow will about same place that it is now 8400

 
Comment by bob White
2009-01-01 11:33:59

2009 year end Dow 9510

 
Comment by M Sidhu
2009-01-01 12:07:07

DOW is @ 10,650 end of 1st Quarter

 
Comment by Sherwin
2009-01-01 13:03:59

Where will the Dow close at the end of the first quarter of 2009… I say it will close at 9,678.

 
Comment by Elmer Duarte
2009-01-01 13:45:42

Dow will be @ 10222 by the end of the 1st Q of 2009.

 
Comment by Spence
2009-01-01 14:52:04

The Bulls will be running. Throwing caution to the wind, January will end around 9400.

 
Comment by ibrahim oz
2009-01-01 14:53:24

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.

 
Comment by zanti
2009-01-01 15:09:30

Bullist

 
Comment by Nick Walker
2009-01-01 15:12:21

With any luck, where it is today.

 
Comment by Mohammad
2009-01-01 18:12:55

it’s Bearish. it might be somewhere around 8400 .

 
Comment by norm in s.d.
2009-01-01 18:30:39

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.

 
Comment by jacques
2009-01-01 21:09:27

the Dow will close at 9680

 
Comment by les buchanan
2009-01-01 22:41:30

I predict the DOW will be 9111 at the end of 1st quarter.

 
Comment by Kevin O'Hara
2009-01-01 23:40:37

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

 
Comment by Finley Wentling
2009-01-01 23:55:07

Will close @ 8968.

 
Comment by Norman
2009-01-02 00:52:42

10,168

 
Comment by Maiman
2009-01-02 01:46:26

I’ll go with 7500

 
Comment by Ali
2009-01-02 02:17:46

I think that DOW is headed south to about 7200.

 
Comment by james evans
2009-01-02 02:18:47

i don’t make predictions-but:you could be looking at 7443.

 
Comment by Eric
2009-01-02 02:18:57

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!

 
Comment by Eric
2009-01-02 02:39:34

Let’s say 7770 by the end of the 1st Q

 
Comment by Erick
2009-01-02 03:37:09

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.

 
Comment by JR
2009-01-02 04:06:00

9817 or near there

 
Comment by Christian
2009-01-02 06:25:08

I think it will be around 9255

 
Comment by Paul
2009-01-02 12:02:12

8000

 
Comment by leon
2009-01-02 13:03:16

I see the dow hitting approx 10850.
Happy New Year!!

 
Comment by leon
2009-01-02 13:04:26

10850 is my pediction.

 
Comment by Vuisin
2009-01-02 14:21:15

DOW will close at 7000

 
Comment by Lyubka
2009-01-02 14:33:27

10302

 
Comment by Michael Pincente
2009-01-02 17:19:23

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.

 
Comment by Brian Lee
2009-01-02 17:35:47

It will close at 7825.

 
Comment by KavJack
2009-01-02 18:57:00

It will close at 9784.

 
Comment by Vin Mateo
2009-01-02 19:50:23

9900.

 
Comment by deb
2009-01-02 20:45:53

8787

 
Comment by brad
2009-01-02 22:50:31

9505

 
Comment by brad
2009-01-02 22:51:31

9550

 
Comment by Henry lee
2009-01-03 00:16:35

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.

 
Comment by Lance
2009-01-03 00:29:54

9827

 
Comment by kyle
2009-01-03 01:58:58

9832 Honeymoon period, desperation and emotion will drive the market up, data will drive it in down Q3/Q4 - 2010 begins recovery

GL All

 
Comment by Jim Rothweiler
2009-01-03 11:22:52

Dow 9659 close on March 31, 2009

 
Comment by eugene Harris
2009-01-03 17:07:02

I believe the market will be trading around 9031

 
Comment by Baz
2009-01-03 20:13:51

will be at 9001

 
Comment by Andrew Trat
2009-01-04 00:18:15

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.

 
Comment by Jim Gallo
2009-01-04 01:28:39

My best guess is that the market will close @9921

 
Comment by John Kordos
2009-01-04 11:33:55

dow 9698 -march31-09
range bound between 7500 - 10000 till 2010 then MAYBE a breakout if we are lucky!

 
Comment by smets valentin
2009-01-04 11:59:00

10161

 
Comment by DAVID AKINOLA
2009-01-04 20:48:32

Dow 9659 close on March 31, 2009

 
Comment by rodger aylen
2009-01-05 02:11:44

th e dow will be 12145 at mar 31 2009

 
Comment by winson
2009-01-05 05:20:31

Dow will close at 10300 0n March 31 2009

 
Comment by Chris
2009-01-05 10:10:30

Dow will close at 9980…

 
Comment by Alex
2009-01-05 12:41:53

Dow will close at 8350

 
Comment by Tim L
2009-01-05 13:01:19

Dow will close at 10573.24

 
Comment by luckyLA
2009-01-05 14:18:11

It will go down after some recovery. I guess it would land at 7900.

 
Comment by Barbara Tveitnes
2009-01-05 15:41:03

My calculation for the DOW close in the first quarter is 9875.

 
Comment by Robert W. Rogers
2009-01-05 16:09:57

I hope Roger Aylin wins from the entries I have seen so far, but my guess is 9632.

 
Comment by Paul Hasna
2009-01-05 16:29:53

Dow will close at 7700

 
Comment by Manisha
2009-01-05 16:48:22

The dow will close at 10800

 
Comment by My Wealth Mastery
2009-01-05 16:50:45

I think DOW will close around 9800 at the end of Q1, 2009.

 
Comment by Pete Garner
2009-01-05 18:03:36

the dow will close at 9750

 
Comment by Erin
2009-01-05 22:55:53

The dow will close at 10111

 
Comment by Calford
2009-01-05 23:00:51

The 1st quarter will meander in the 8000 range. I think it will finish around 8872.

 
Comment by Shamkant
2009-01-06 02:16:07

In my opinion, Bear market will still hold good and DOW will be at 7200 at the end of the quarter

 
Comment by lam
2009-01-06 03:42:04

8500

 
Comment by Matti Hyvönen
2009-01-06 03:47:55

Sun is not rising yet! There will be still many disappointments ahead!? DOW will be 7580 points! ;=D

 
Comment by Michael Loubochkin
2009-01-06 04:50:56

DOW will close at 9200 at the end of Q1 2009

 
Comment by P Turcotte
2009-01-06 05:26:58

DOW 9203

 
Comment by Leroy Bluhm
2009-01-06 13:02:31

one more leg down to 7500

 
Comment by Stephen Tiney
2009-01-06 13:44:55

The dow will close ar 9345 at the end of the 1st quarter

 
Comment by bizant
2009-01-06 14:28:45

10200

 
Comment by Musfik
2009-01-06 14:44:02

10246

 
Comment by John Harnish
2009-01-06 17:08:23

7654

 
Comment by Rasto
2009-01-07 11:03:21

8480

 
Comment by Rich
2009-01-07 11:58:33

We still need to test those lows in November….7480

 
Comment by Kevin Watson
2009-01-08 23:34:59

above 11000

 
Comment by Faenza
2009-01-10 12:24:28

9560

 
Comment by Chad Duker
2009-01-10 15:37:45

Dow will be 8342.04 on the end of 1st quarter 2009

 
Comment by bgc levinson
2009-01-10 22:31:17

9483

 
Comment by Jason
2009-01-11 03:50:45

DOW at 8200

 
Comment by Gordon
2009-01-11 14:42:07

The dow will reach 11,775at the end of the 1st quarter, before reports and the next tumble.

 
Comment by Carl Pearson
2009-01-11 14:48:08

I am optimistic and predict the DOW will be at 10,175.

 
Comment by james daly
2009-01-11 18:12:54

The dow will close around 9250. The quarter will me mostly flat with several real volitile days & recovery.

 
Comment by Peter
2009-01-11 21:25:52

6880

 
Comment by vuisin lam
2009-01-12 12:53:13

8611

 
Comment by Simon
2009-01-12 13:01:19

Dow will close at 10552.33

 
Comment by Laxman
2009-01-12 14:54:46

Dow will close at 9766.

 
Comment by Pierre Piennar
2009-01-13 04:47:27

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.

 
Comment by Linh
2009-01-13 04:53:11

9355

 
Comment by gary
2009-01-13 18:42:47

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

 
Comment by James Murnane
2009-01-13 23:27:51

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

 
Comment by Richard Donnell
2009-01-13 23:40:54

i say by the end of the quarter 2009 the dow will be around 7587 range….or very close to it

Rich

 
Comment by Donna
2009-01-14 11:40:38

I think we are headed for another leg down after a slight bounce after Inauguration it will come down to 7420

 
Comment by SRIDHAR RAMABADRAN
2009-01-15 03:51:41

DOW could close in the 6000-7900 zone.

 
Comment by tapan das
2009-01-15 14:26:17

djia will be between 7500-8000

 
Comment by Candace Dailey
2009-01-16 01:09:57

Dow will be nearing 7500 with a mid to late year target of 5500.

 
Comment by Spyfrat Subscribed to comments via email
2009-01-16 02:00:23

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.

Comment by Spyfrat Subscribed to comments via email
2009-12-14 22:46:58

done. now i’m eyeing AIG base on the “theory of gaps”. $250 is nice. when? idk.

 
 
Comment by John Pruitt
2009-01-16 22:57:02

7841

 
Comment by GREG GRAY
2009-01-17 14:22:17

“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

 
Comment by Ken Lindsay
2009-01-18 21:15:15

6813

 
Comment by Ron
2009-01-18 21:38:59

7299

 
Comment by Ed
2009-01-19 00:43:58

6950

 
Comment by Al Sandback
2009-01-19 16:04:16

DJIA at 7200

 
Comment by I Want to be a Rich Man
2009-01-19 17:57:38

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.

 
Comment by MartinW
2009-01-20 23:36:31

I belive the dow will be at 8458 at the end of the Quater.

 
Comment by ramesh
2009-01-21 01:34:42

looks like it is heading south — more towards
6800 by first Quarter .

 
Comment by TV
2009-01-21 02:31:56

8953 but i lose the contest and it closes much higher!!!

 
Comment by bhavin
2009-01-21 04:00:55

10500

 
Comment by Lester White
2009-01-21 22:55:21

9269

 
Comment by fisal
2009-01-22 07:22:32

i want more about presant obma

 
Comment by Jimmy Wysocki
2009-01-22 12:40:39

9288

 
Comment by KH
2009-01-22 23:17:02

Given the global challenges and huge deficit spending, it’s going down. Maybe to 6720.

 
Comment by Del
2009-01-23 00:38:00

8750 is my guess - 4thq will be 5k

 
Comment by DMC
2009-01-23 13:02:13

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

 
Comment by mayank
2009-01-23 22:20:53

it will be around 9969

 
Comment by Bill
2009-01-24 12:01:01

I think we will stay in a trading range I’ll pick 9100.

 
Comment by Carol George
2009-01-24 19:20:45

March 31st closing guess: 9625

 
Comment by Gerry Heiling
2009-01-25 01:19:55

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.

 
Comment by Raphael
2009-01-26 10:05:40

In a 4000-5000 areas. In the third quarter some rallies in a sideways market.

 
Comment by Raphael
2009-01-26 10:08:50

4000-5000 area

 
Comment by Mike Fetsko
2009-01-26 13:18:49

1st quarter DOW to hit 9625.

 
Comment by w a sweeney
2009-01-26 18:13:20

1st quarter DOW to hit 7450

 
Comment by Jos Theelen
2009-01-27 08:47:04

1st quarter DOW close is 7200

 
Comment by Mark
2009-01-27 09:20:35

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.

 
Comment by jim
2009-01-27 11:44:37

Dow at 8948

 
Comment by Rian
2009-01-27 13:16:56

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.

 
Comment by Linda DePonte Subscribed to comments via email
2009-01-27 17:09:44

The Dow will be at 9694.37.

 
Comment by David McKinney
2009-01-27 19:47:35

I see some slow recovery by the end of Q1 2009. DOW at 9483!!

 
Comment by Ana Siruni Subscribed to comments via email
2009-01-28 19:12:34

I see 9177

 
Comment by Ken
2009-01-29 11:11:02

I’m going with a March 31, 2009 close of 8688.75

 
Comment by thierry collomb
2009-01-29 15:25:15

We could see a close at 7400

 
Comment by M A Fetsko
2009-01-29 21:20:16

1st quarter DOW to close @ 9325.

 
Comment by Greg
2009-01-30 04:17:45

8650

 
Comment by Malhans
2009-01-30 12:38:55

My best guess 8049

 
Comment by Jeff
2009-01-31 23:59:55

7345

 
Comment by Donna Kozar
2009-02-01 02:14:59

My guess-6084

Comment by ralph Subscribed to comments via email
2009-02-01 14:46:49

i will get out at 10500

 
 
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