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Strategies & Market Trends : Picks of the quarter -- Ignore unavailable to you. Want to Upgrade?

To: Elroy who wrote (10598)	12/6/2010 7:43:35 PM
From: Kirk ©	Read Replies (1) \| Respond to of 20435

I didn't notice you fell so much in the end. We were neck and neck, often swapping positions, for a good part of the contest. I have an idea on how to rank people that might make sense in addition to the stars.. See what you think. Put all names in Column 1 of spreadsheet Across the top do the contests where column #2 is the score for contest #1, etc. Then enter the ending dollar amounts including for each cell including the S&P500 Then link that sheet to another where it calculates how much above or below the S&P500 each person did for each contest. Thus if you matched the S&P, you get 1.00000... if you beat by 20% you get 1.20 for that box... Then multiply them all together for an overall return. eg 1.01 x 1.04 x 0.95 means someone beat by 1 and 4% first two contests then under performed by 5% in #3... Then do a sort for all who have been in 50% or more of the contests... so someone can't jump in with risky picks and move to the top... unless they do it for many contests in a row.. I'd volunteer, but too much on my plate these days...