(7.30am reprint - keep the entries flowing, make sure you leave a name and feel free to add a decimal point to predictions.)
Just before 7pm on Monday night, City Index prices (see box at right) were pointing to a 100 point rebound on the Footsie on Friday morning.
The snap back follows news that the FSA has banned shorting of financial stocks - a severe sanction that is likely to have extraordinary repercussions.
Couple of extra bits of info beyond the earlier official statement: the ban will extend to equity futures covering the financial sector and also to the option market.
So we are launching an FT Alphaville competition.
Where will the FTSE 100 stand at Noon on Friday? - that’s after triple witching and the Markets Live session here. Deadline for entries is 11.30.
The prize?
A one inch stainless steel cube engraved “Call Lehman Brothers.” It’s a rather stylish press handout, with each side of the cube carrying a piece of journalese - Off the Record, No Comment, Exclusive! and so on.
