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Where will the DJIA close on Tuesday, September 2nd, 2008?

Settled as DJIA will close between 11,500.01 and 11,600.00

Settled as "between 11500.01 to 11600.00" as DJIA closed at 11516.92

Background:

Dedicated to bayoubear. We all hope you and yours are safe!

The DOW dropped -171.63 on Friday to 11,543.55.
After Late August reports of poor Income and Spending, Labor Day, Gustav, possible near-term oil supply problems, what will Tuesday bring?

Market suspends 1 hour prior to closing,

based on new rules regarding financial markets.


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

 
Forecast history, %
   Zoom in

Settled

DJIA will close at or below 11,300.00
1%
DJIA will close between 11,300.01 and 11,400.00
4%
DJIA will close between 11,400.01 and 11,500.00
67%
DJIA will close between 11,500.01 and 11,600.00
20%
DJIA will close between 11,600.01 and 11,700.00
6%
DJIA will close between 11,700.01 and 11,800.00
1%
DJIA will close at or above 11,800.01
1%
Activity: H$21,268
Settled as DJIA will close between 11,500.01 and 11,600.00 on Tue 2nd Sep 2:17pm PDT

Suspend date: Tue 2nd Sep 12pm PDT Settlement date: Tue 2nd Sep 2:17pm PDTPrediction cut-off: Predictions on this question after Tue 2nd Sep 12pm PDT have been voided because they were made after the question could be settled

Initial likelihoods: DJIA will close at or below 11,300.00: 4%, DJIA will close between 11,300.01 and 11,400.00: 9%, DJIA will close between 11,400.01 and 11,500.00: 20%, DJIA will close between 11,500.01 and 11,600.00: 34%, DJIA will close between 11,600.01 and 11,700.00: 20%, DJIA will close between 11,700.01 and 11,800.00: 9%, DJIA will close at or above 11,800.01: 4%

Action history:

Created Mon 1st Sep 6:54pm PDT by cognos[Power User]
Settlement requested Tue 2nd Sep 6:40am PDT by rogerkni: I wanted to cash in my predictions of between 11,600 & 11,700 right after the opening bell, but I was forbidden to do so because it was supposedly "too soon". This has cost me dearly. I trust you will NOW remove the "too soon" barrier.
Settlement requested Tue 2nd Sep 7:09am PDT by rogerkni: You finally removed your "too soon" barrier, which enabled me to cash in my $1500 bet (three $500 bets) on 11,600 to 11,700" at a $691 loss instead of a profit of roughly that amount, which I would have attained if I'd been able to cash in at the opening or a bit before--which is actually when I wanted to, when I saw the DJIA future prices. There's no reason to have such a restrictive "too soon" policy, and none to impose it without prior notice. I request that those transactions of mine be cashed in at a profit. (You can see from my complaint above that I have grounds for my request.)
Suspended Tue 2nd Sep 12pm PDT : Suspend date reached
Settled as 'DJIA will close between 11,500.01 and 11,600.00' Tue 2nd Sep 2:17pm PDT by bayoubear[Admin]: Settled as "between 11500.01 to 11600.00" as DJIA closed at 11516.92

Suspend date: Tue 2nd Sep 12pm PDT Settlement date: Tue 2nd Sep 2:17pm PDTPrediction cut-off: Predictions on this question after Tue 2nd Sep 12pm PDT have been voided because they were made after the question could be settled
more info...

 

Predictions (182)

182 predictions

13 weeks ago
cognos[Power User] predicted DJIA will close between 11,300.01 and 11,400.00 (H$100 at 4%)
13 weeks ago
jensir predicted DJIA will close between 11,400.01 and 11,500.00 (H$50 at 71%)
13 weeks ago
jensir predicted DJIA will close between 11,400.01 and 11,500.00 (H$100 at 65%)
13 weeks ago
bobdevine predicted DJIA will close between 11,400.01 and 11,500.00 (H$2,222 at 63%)
13 weeks ago
cognos[Power User] predicted DJIA will close between 11,500.01 and 11,600.00 (H$666 at 26%)
more

Comments (4)

  1 cognos[Power User]
The DJIA market for Tuesday is now up.
posted 13 weeks ago
  2 dieseldog
@congos..you have more info than me on this new 1 hr rule. the other markets (most of them) are still suspending 15 minutes before closing. i checked the rules page and it still says 15 minutes before close. is this new rule just not fully implamented yet?
posted 13 weeks ago
  3 destry[Admin]
We are making an effort to move all the business markets to suspend 1 hour prior to close. With bayoubear living in Gulfport and being impacted by Gustav, cognos was nice enough to write this question with the new rules. By the end of the week all business markets will have a 1 hour prior to close suspend time. There are some talks to open up other indices and maybe even have category editor choose some individual stock questions to post each week. So as bayoubear gets back online I am sure you will hear alot more about what is in store. Some great things in the works.
posted 13 weeks ago
  4 bayoubear[Admin]
Thanks to Cogno and Destry for watching over things...got behind in things over the weekend (storm prep ya know) and was in the midst of changing suspension times when Gustav took the power down.

We're fine, and I'm working on changing the times now.

A decision reached by the CatEds has resulted in a few changes. First, we'll be suspending all stock market questions at least one hour before the market's close. They may close earlier if the question creator so chooses. This will not affect questions related to a market's opening price. Secondly, we will be allowing some other markets to come into play, such as the FTSE. Rather than allowing them all to be added at one time, we'll be allowing them to come into play over the next few days and weeks.
Revisions to the rules will be seen in the next day or so.
posted 13 weeks ago

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