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Movers & groovers.

Europe Intelligence Wire

| March 01, 2006 | COPYRIGHT 2003 Financial Times Ltd. (Hide copyright information)Copyright

(From The Daily Star)

Byline: THE DEALER

A NEW website is using the ask-the-audience principle from Who Wants To Be a Millionaire? to forecast stock market trends.

In the TV quiz show the audience gives the correct answer to questions 91% of the time, against 65% when contestants phone a friend.

Consensusview. com invites forecasts for a range of financial markets.

Co-founder and former Goldman Sachs banker Stephan Bisse says it proves the so-called wisdomof-the-crowds theory highlighted by a contest at a 1906 agricultural fair.

Visitors were asked to guess the weight of an 1,198lbs ox and the average was …

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