
Will the stock market (DJIA) fall 20 percent?
Market dropped below 8000 briefly between 9:34 and 9:36 AM EDT on Friday, October 10
Suspension and Settlement time will be set at 9:35 AM EDT.
http://finance.aol.com/charts/dow-jones-industrial-average/%24indu/dji
Background:>
Question will settle as a YES if the market drops below 8,000 any time before the settlement date
The market does not have to close below 8,000, just drop below it during a trading session.
Question will suspend on December 24, 2009 and be settled as of conditions up to December 31, 2009.
Settlement details:As reported by a major mainstream news source.
- Activity: H$67,116 |
- Predictions: 76 |
Comments: 22
Suspend date: Thu 24th Dec 11:59pm PST (4 weeks to go)
Settlement date: Fri 10th Oct 2008 8:58am PST
Initial likelihoods: Yes: 50%
Action history:
Is the exact time important?
Suspension and Settlement time will be set at 9:35 AM EDT.
http://finance.aol.com/charts/dow-jones-industrial-average/%24indu/dji
Suspend date: Thu 24th Dec 11:59pm PST (4 weeks to go)
Settlement date: Fri 10th Oct 2008 8:58am PST details
Predictions (76)
Comments (22)
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Was this really written by an unbiased news agency? IMHO, lousy question...
read comment #1, last five words.
that's the answer to your question from comment #2
I wouldn't predict "no" neither. But hey, the guys at reuters are humans too after all. They have to learn what makes the difference just like anyone else of us here.
Just because of the market being not very attractive it not a reason to void it right away.
Is the exact time important?
http://finance.google.com/finance?q=INDEXDJX:.DJI
Look at the plot again...
What are you seeing?
http://finance.aol.com/charts/dow-jones-industrial-average/%24indu/dji
these are the times surrounding the drop below 8000
9:34 8117.71
9:36 7895.97
9:38 8087.76
Looks to me as if we should set the suspension and settlement time as 9:35 AM EDT
More comments?
any other times??
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