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To: HairBall who wrote (4026)1/10/2000 12:56:00 PM
From: Bull RidaH  Read Replies (2) | Respond to of 11513
 
LG,

I blew up last Tuesday :o(. Contestants who drop below $150K have to sit out 5 trading days before reentering. You make a very good point about keeping a running total of contestant's lost capital prior to restarts, as contestants who avoid the cliff should have an advantage, over a restarted contestant. What I will do for now is add an extra column titled "restarts" to display the number of times each contestant has had their equity re-set.

When prizes and awards are involved in the future, I think it would be prudent to require the contestant to have the highest equity amount NET OF LOST CAPITAL INCURRED IN A RESTART. GZ was the clear winner into the 11/24 finish line, and had no restarts, so it was not an issue in the past.

As for GZ's involvement in the contest, I think it would be interesting to make the speculative hedge fund running equity his entry in the contest. That would give participants a real world account to compete with, and would keep GZ on his toes. We'll see what he has to say.

Thanks for your interest and insightful ideas.

Regards,

David