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Market $enseMarket $ense   
A regular report on the Southeast Marketing Club program and how teams are performing.
 
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Ford Runs Out Front
Posted on October 23, 2009 at 4:17 PM
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John VanSickle posted this report on the game:

Team Standings.
There are now 4 teams that have registered a profit in their trading activities and 7 teams that have registered a loss in their trading activities. I follow a practice in the SEMC of never publishing the names of teams or individuals that lose money in their trading activities in this competition. The four teams that have registered a profit thus far in the competition are:

 

1)      Ford Cotton09 (AL)                 $90,063

2)      Okaloo Farm Traders(FL)         $2,280

3)   Florida Milk Money (FL)          $2,365

3)      Invest-a-Gators 09(FL)             $1,639

 

Ford Cotton09 leads the competition again this week being led by Neal Isbell and Steve Ford.  They have been trading cotton, soybeans and corn, having made most of their money in cotton.  The Okaloo Farm Traders of Florida is currently running second in the competition with Shannon Nixon and Gerald Edmondson leading the way for their team. They have made most of their money in the grain markets. The Invest-a-Gators is led by Bruce Ward, a county agent in the panhandle Walton Count area. He has made most of his money in soybeans.

 

I do have one piece of advice for teams. Each team can have 5 traders and the top 4 count toward the team total. A team must have at least 4 traders that have initiated positions to qualify for the team championship. We have some teams who have fewer than 4 traders and they will be disqualified from the competition if they do not find other traders that will give them at least four active traders. Those teams with four traders are encouraged to recruit a fifth trader so that they can drop the worst trader from their overall score.

 

Individual Standings.
We have 39 traders who have actively traded in the competition. Of these, 15 traders have registered a profit in the competition and 24 have registered a loss. The 16 profitable traders in the competition at this time are:

 

1)      Tim Doggett, AIR Team 2009                          $45,337

2)      Steve Ford, Ford Cotton09                                $44,266

3)      Guillermo Franco, AIR Team 2009                  $38,915

4)      Eric Evers, Okaloo Farm Traders                      $19,240

5)      Curt Lacey, Georgia Bulldawgs                        $18,175

6)      John VanSickle, Florida Milk Money               $11,247

7)      Shannon Nixon, Okaloo Farm Traders             $10,730

8)   Scott McAdams, Florida Milk Money               $9,537

9)   Bruce Ward, Invest-a-Gators09                         $7,015

10) Neal Isbell, Ford Cotton 09                               $6,297

11) Pete Keiser, Tennessee Traders                          $6,212

12)  Marshal Lamb, Georgia Bulldawgs                    $4,632

13)  Kurt Guidry, LA Tigers                                       $3,495

14)  Brian Campbell, Volunteer Two                         $1,842

15) Tammy McKinley, Volunteer One                     $1,707

 

Tim Doggett of AIR Team 2009 is leading the individual competition with profits of $45,337, but Steve Ford is running a close second at $44,266. We have seen some wild swings in the leaderboard with previous leaders not showing a profit in recent weeks. The markets have been volatile and given ample opportunity to make money, and has shown others how to lose. I remind everybody that this competition will run into February. The longer time frame tends to reward more cautious investing strategies. There is still a lot of time to make some money in these markets. I would encourage you to proceed with caution, relying on the market knowledge and less on probabilities (i.e., rolling the dice).

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Ford Runs Out Front
Posted on October 23, 2009 at 4:17 PM
Ford Cotton '09 leads the game for the second week.
Category: Risk Management
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About The Writer
Market $enseEditor Pam Golden fired up Market $ense blog to support Southern Farmer participation the Southern Extension Marketing Committee University of Florida FACTSim marketing game. For 2008 Southern Farmer is supporting three teams in the competition. In between games (we will be back in 2009) blog will go on, covering risk management issues from Pam's uniquely Southern perspective.

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