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Where will the DJIA close on Thursday, July 17, 2008?

Settled as DJIA will close at or over 11,400.01

11,446.66

Background:

WOW...did anyone expect yesterday to happen? The daily chart looks like the upward view of the mountain we've been descending all week.

A 278 point increase, mainly thanks to a decline in oil prices. Everyone's been saying the price of oil isn't justified...can we be getting ready to see it come back to a more reasonable (though still high) level?

Let's see about tomorrow!
 
Forecast history, %
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Settled

DJIA closes at or below 11,000.00
0%
DJIA will close between 11,000.01 and 11,100.00
0%
DJIA will close between 11,100.01 and 11,200.00
0%
DJIA will close between 11,200.01 and 11,300.00
0%
DJIA will close between 11,300.01 and 11,400.00
8%
DJIA will close at or over 11,400.01
92%
Activity: H$111,867
Settled as DJIA will close at or over 11,400.01 on Fri 18th Jul 1:48am PDT
All questions are settled by Hubdub according to settlement info provided by the question creator.

Settlement details: As reported by a major mainstream news source.

Suspend date: Thu 17th Jul 12:55pm PDT

Settlement date: Fri 18th Jul 1:48am PDT

Prediction cut-off: Predictions on this question after Thu 17th Jul 12:55pm PDT have been voided because they were made after the question could be settled

Initial likelihoods: DJIA closes at or below 11,000.00: 5%, DJIA will close between 11,000.01 and 11,100.00: 15%, DJIA will close between 11,100.01 and 11,200.00: 30%, DJIA will close between 11,200.01 and 11,300.00: 30%, DJIA will close between 11,300.01 and 11,400.00: 15%, DJIA will close at or over 11,400.01: 5%

Action history:

Created Wed 16th Jul 1:04pm PDT by bayoubear[Admin]
Suspended Thu 17th Jul 12:55pm PDT : Suspend date reached
Settlement requested Thu 17th Jul 1:19pm PDT by infernalmachine[Admin]: "DJIA will close at or over 11,400.01"
Closed at 11,446.66
http://finance.google.com/finance
Settled as 'DJIA will close at or over 11,400.01' Fri 18th Jul 1:48am PDT by robuk[Admin]: 11,446.66
All questions are settled by Hubdub according to settlement info provided by the question creator.

Settlement details: As reported by a major mainstream news source.... read all

 

Predictions (449)

449 predictions

7 weeks ago
infernalmachine[Admin] predicted DJIA will close at or over 11,400.01 (H$2,000 at 84%)
7 weeks ago
infernalmachine[Admin] predicted DJIA will close at or over 11,400.01 (H$852 at 71%)
7 weeks ago
infernalmachine[Admin] predicted DJIA will close at or over 11,400.01 (H$300 at 52%)
7 weeks ago
swilson[Power User] predicted DJIA will close at or over 11,400.01 (H$2,000 at 66%)
7 weeks ago
cjg999 predicted DJIA will close at or over 11,400.01 (H$2,000 at 43%)
more

Comments (3)

I lost so much on Wed. I lost my cable signal and couldn't move a penny around the market after I had made a slew of bets. Like a good gambler I know I'm going to get it all back today! (yea right, )
posted 7 weeks ago
  2 cognos[Power User]
@buckeyetom
happened to me before. lost about $H30k in one day.
posted 7 weeks ago
Didn't get it all back today. Lost 2x as much.
posted 7 weeks ago

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