A new leader emerged in the final week of TheStreet.com'sBeat the Street contest, using a mostly short-airline portfolio.
"GWT2001" took the lead on four airline shorts and short bets on a chemical company and greeting card maker. The portfolio, which totaled $291,234.94 at the close of trading Wednesday, consists of
Delta Air Lines
Sociedad Quimica Y Minera De Chile
Airline plays -- both long and short -- have been a common theme in the 12-week contest.
In second place was "Hantongjin," whose portfolio of $288,738.56 was short five airlines and one bank,
"Redlight," the leader the first two days of the week, dropped to third with a portfolio total of $288,383.86.
The contestants are playing for a $5,000 prize.
This article was written by a staff member of TheStreet.com.