Created Tue 29th Jan 2008 5:07am PST by 
dotcomguy
dotcomguy 
When will the Dow close below 10,000?
Settled as 4th Qtr 2008
Settled as '4th quarter 2008' as DJIA closed at 9,955.50 on October 6.
Questions suspension will be set at for 4:00 PM EDT.
Background:
Background: We all watch the news and see the current financial crisis in terms of its effects on our pocketbooks and consumer confidence, but what about the numbers game? The highest Dow opening came on Oct. 11, 2007 at 13,198.10, unfortunately from that point we've been on a slippery and troublesome downwards fall. The fickleness of Congress in passing a bailout plan has only added to the dismay. Since Oct. 11 the Dow has closed to within 365 points of the 10,000 mark which was passed in 1999.
The indecision on the hill cost the markets dearly and is one of the main reasons why we are so close to slipping below 10,000. Sept. 29th's 777-point drop was the biggest closing point drop ever for the index. It's widely expected that within the next week prior to a new bailout bill reaching the Congress the markets will have a wild up and down ride. If any further instability such as the errors of Sept. 29th occurred we'd certainly see another big loss which would most likely drop below 10,000, could such a situation occur once again though?
Market edited by Ryanj
The indecision on the hill cost the markets dearly and is one of the main reasons why we are so close to slipping below 10,000. Sept. 29th's 777-point drop was the biggest closing point drop ever for the index. It's widely expected that within the next week prior to a new bailout bill reaching the Congress the markets will have a wild up and down ride. If any further instability such as the errors of Sept. 29th occurred we'd certainly see another big loss which would most likely drop below 10,000, could such a situation occur once again though?
Market edited by Ryanj
Settlement details:As reported by a major mainstream news source.
Forecast history %
| 1st Qtr 2008 |
| |||
| 2nd Qtr 2008 |
| |||
| 3rd Qtr 2008 |
| |||
| 4th Qtr 2008 |
| |||
| The Dow will not close below 10,000 this year. |
|
Settled as 4th Qtr 2008 on Tue 7th Oct 2008 2:22am PST
- Activity: H$162,288 |
- Predictions: 412 |
Comments: 10
Suspend date: Wed 31st Dec 2008 2pm PST
Settlement date: Tue 7th Oct 2008 2:22am PST
Prediction cut-off: Predictions on this question after Mon 6th Oct 2008 12pm PST have been voided because they were made after the question could be settled
Initial likelihoods: 1st Qtr 2008: 4%, 2nd Qtr 2008: 12%, 3rd Qtr 2008: 12%, 4th Qtr 2008: 12%, The Dow will not close below 10,000 this year.: 60%
Action history:
Created Tue 29th Jan 2008 5:07am PST by dotcomguy
dotcomguy
Edited Thu 6th Mar 2008 1:28pm PST by 
andrew
andrew
Changed Description Tue 30th Sep 2008 9:01am PST by 
ryanj
: show details
ryanj: show details ... ... We
all
watch
the
news
and
see
the
current
financial
crisis
in
terms
of
its
effects
on
our
pocketbooks
and
consumer
confidence,
but
what
about
the
numbers
game?
The
highest
Dow
opening
came
on
Oct.
11,
2007
at
13,198.10,
unfortunately
from
that
point
we've
been
on
a
slippery
and
troublesome
downwards
fall.
The
fickleness
of
Congress
in
passing
a
bailout
plan
has
only
added
to
the
dismay.
Since
Oct.
11
the
Dow
has
closed
to
within
365
points
of
the
10,000
mark
which
was
passed
in
1999.
<br/>
<br/>
The
indecision
on
the
hill
cost
the
markets
dearly
and
is
one
of
the
main
reasons
why
we
are
so
close
to
slipping
below
10,000.
Sept.
29th's
777-point
drop
was
the
biggest
closing
point
drop
ever
for
the
index.
It's
widely
expected
that
within
the
next
week
prior
to
a
new
bailout
bill
reaching
the
Congress
the
markets
will
have
a
wild
up
and
down
ride.
If
any
further
instability
such
as
the
errors
of
Sept.
29th
occurred
we'd
certainly
see
another
big
loss
which
would
most
likely
drop
below
10,000,
could
such
a
situation
occur
once
again
though?
<br/>
<br/>
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Changed Description Tue 30th Sep 2008 9:07am PST by ryanj: show details
ryanj: show details ... a
situation
occur
once
again
though?
<br/>
<br/>
<script
type="text/javascript"
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Changed Description Tue 30th Sep 2008 9:08am PST by ryanj: show details
ryanj: show details ... a
situation
occur
once
again
though?
<br/>
<br/>
<script
type="text/javascript"
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Market
edited
by
Ryanj
Changed Description Tue 30th Sep 2008 9:43am PST by ryanj: show details
ryanj: show details ... a
situation
occur
once
again
though?
<br/>
<br/>
<script
type="text/javascript"
... src="http://widgets.clearspring.com/o/470066de4c5580d6/48e25cb142e2a2cc/470066de18302f76/5ada8830/widget.js"></script><script
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Market
edited
by
Ryanj
Settlement requested Mon 6th Oct 2008 1:53am PST by 
elly
: What will happened if today Dow close below 10 000? There is no such possibility and may be the question has to be voided.
elly: What will happened if today Dow close below 10 000? There is no such possibility and may be the question has to be voided.
Settlement requested Mon 6th Oct 2008 12:19pm PST by 
rogerkni
: The Dow closed below 10,000 today.
rogerkni: The Dow closed below 10,000 today.
Suspended Mon 6th Oct 2008 12:30pm PST by 
jenniandboys![[Admin]](http://www.hubdub.com/images/icon_admin.gif "This user is an admin")
: Flagged by admin: suspended pending settlement
jenniandboys: Flagged by admin: suspended pending settlement
Settled as '4th Qtr 2008' Tue 7th Oct 2008 2:22am PST by 
bayoubear
: Settled as '4th quarter 2008' as DJIA closed at 9,955.50 on October 6.
Questions suspension will be set at for 4:00 PM EDT.
bayoubear: Settled as '4th quarter 2008' as DJIA closed at 9,955.50 on October 6.
Questions suspension will be set at for 4:00 PM EDT.
Suspend date: Wed 31st Dec 2008 2pm PST
Settlement date: Tue 7th Oct 2008 2:22am PST
Prediction cut-off: Predictions on this question after Mon 6th Oct 2008 12pm PST have been voided because they were made after the question could be settled details 
Get widget!Predictions (412)
predicted 4th Qtr 2008 (H$1,200 at 96%)
predicted 4th Qtr 2008 (H$60 at 96%)
predicted 4th Qtr 2008 (H$1,800 at 94%)Comments (10)
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The DEMS have got the election wrapped up on the economy issue alone. Yes, I believe that we'll see the dark side of 10,000 this year. But, I think it will happen on or around November 1.
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