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On which day will the DJIA close higher than it opened?

Settled as Monday, October 13, 2008

Monday the DJIA closed up 936 points, closing at 9387.61

Background:

The Dow Jones Industrial Average has declined every day since September 30, 2008.

Predict the next day that it has a positive gain from the day's open to close.

After Monday's trading session this question will be suspended during open market hours to not allow this to function as a live-play question. No wagers will be allowed to be made or cashed out during the DJIA trading hours each day. After the market closes, the question will be unsuspended if it has not been settled. The question will be suspended from 9:30 AM EDT to 4:00 PM EDT each trading day beginning Tuesday morning, 10/14.


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

 
Forecast history, %
   Zoom in

Settled

Friday, October 10, 2008
0%
Monday, October 13, 2008
93%
Tuesday, October 14, 2008
4%
Wednesday, October 15, 2008
2%
Thursday, October 16, 2008
1%
Friday, October 17, 2008
0%
Monday, October 20, 2008
0%
Tuesday, October 21, 2008
0%
Wednesday, October 22, 2008
0%
After Wednesday, October 22, 2008
0%
Activity: H$38,535
Settled as Monday, October 13, 2008 on Mon 13th Oct 2:31pm PDT

Suspend date: Wed 22nd Oct 1pm PDT Settlement date: Mon 13th Oct 2:31pm PDT

Initial likelihoods: Friday, October 10, 2008: 17%, Monday, October 13, 2008: 23%, Tuesday, October 14, 2008: 20%, Wednesday, October 15, 2008: 13%, Thursday, October 16, 2008: 10%, Friday, October 17, 2008: 7%, Monday, October 20, 2008: 4%, Tuesday, October 21, 2008: 2%, Wednesday, October 22, 2008: 1%, After Wednesday, October 22, 2008: 3%

Action history:

Created Thu 9th Oct 7:18pm PDT by carnacthemagnificent
Suspended Fri 10th Oct 6:26am PDT by newswrangler[Power User]: Flagged by super user: Suspended at opening bell.
Unsuspended Fri 10th Oct 6:37am PDT by jenniandboys[Admin]: allowed to run
Suspended Fri 10th Oct 12:48pm PDT by newswrangler[Power User]: Flagged by super user: suspended prior to closing bell
Unsuspended Fri 10th Oct 1:09pm PDT by bayoubear[Admin]: Conditions were not reached to satisfy market...market can continue to run until suspension date and time, unless conditions are met to settle at an earlier time.
Suspended Sat 11th Oct 1:17am PDT by mork[Power User]: Flagged by super user: markets closed on Columbus Day...?
Unsuspended Sat 11th Oct 2:33am PDT by ryanj[Admin]: Markets not closed due to Columbus Day
Settlement requested Mon 13th Oct 2:18pm PDT by kgholderman: http://finance.google.com/finance?client=ob&q=INDEXDJX:DJI
Settled as 'Monday, October 13, 2008' Mon 13th Oct 2:31pm PDT by bayoubear[Admin]: Monday the DJIA closed up 936 points, closing at 9387.61

Suspend date: Wed 22nd Oct 1pm PDT Settlement date: Mon 13th Oct 2:31pm PDT
more info...

 

Predictions (213)

213 predictions

7 weeks ago
harryhayfield predicted Monday, October 13, 2008 (H$100 at 93%)
7 weeks ago
jsevigny predicted Monday, October 13, 2008 (H$450 at 92%)
7 weeks ago
kgholderman predicted Monday, October 13, 2008 (H$1,000 at 91%)
7 weeks ago
kgholderman predicted Monday, October 13, 2008 (H$450 at 90%)
7 weeks ago
jsevigny predicted Monday, October 13, 2008 (H$100 at 89%)
more

Comments (17)

Now with new and improved percentages! Although, my personal opinion is that with the panic in the market there is no real logical way to set the percentages. What makes tomorrow or Monday any better than next Wednesday?
posted 7 weeks ago
There goes Friday!
posted 7 weeks ago
It's going crazy.
posted 7 weeks ago
Anyone got any dramamine?
posted 7 weeks ago
Is this question suspended for good?
posted 7 weeks ago
  6 bayoubear[Admin]
No...should not have been suspended

If at 3:00 it had been up, it would have been suspended, but not before...the question is scheduled to run for several more days

Will unsuspend
posted 7 weeks ago
  7 ianochaye
Pardon the ignorance - but why 3pm?
posted 7 weeks ago
  8 bayoubear[Admin]
Sorry, I was thinking in CDT where I am....what I meant was if it had been up at the market close (3 CDT, 4 EDT)it would have been suspended and possibly settled...

But the question's still got legs...how far will it run?
posted 7 weeks ago
  9 ianochaye
Ah right - thanks - gets confusing - its as 4:30 close here in the UK
posted 7 weeks ago
Rainy days and Mondays always get me down.
posted 7 weeks ago
  11 bayoubear[Admin]
Concerns and questions have been raised about Monday being a holiday (Columbus DAy) and whether or not the NYSE will be open. Here are their rules regarding holidays:

<< The Board has determined that the Exchange will not be open for business on New Year's Day, Martin Luther King, Jr. Day, Washington's Birthday, Good Friday, Memorial Day, Independence Day, Labor Day, Thanksgiving Day and Christmas Day. Martin Luther King, Jr. Day, Washington's Birthday and Memorial Day will be celebrated on the third Monday in January, the third Monday in February and the last Monday in May, respectively

The Exchange Board has also determined that, when any holiday observed by the Exchange falls on a Saturday, the Exchange will not be open for business on the preceding Friday and when any holiday observed by the Exchange falls on a Sunday, the Exchange will not be open for business on the succeeding Monday, unless unusual business conditions exist, such as the ending of a monthly or the yearly accounting period. >>
posted 7 weeks ago
When I created the question, I double checked the NYSE website to make sure all of the outcomes were not holidays.

Anyway, it shouldn't be an issue if you're predicting "After Wednesday, October 22, 2008" ; )
posted 7 weeks ago
  13 bayoubear[Admin]
Because of concerns about live-play wagering on business related questions, this statement has been added to the background:

After Monday's trading session this question will be suspended during open market hours to not allow this to function as a live-play question. No wagers will be allowed to be made or cashed out during the DJIA trading hours each day. After the market closes, the question will be unsuspended if it has not been settled. The question will be suspended from 9:30 AM EDT to 4:00 PM EDT each trading day beginning Tuesday morning, 10/14.

This doesn't affect play for Monday as I don't believe that would be fair to those who are currently in the market, particularly since it may well be settled today. But if not, it will apply to subsequent days.
posted 7 weeks ago
Thanks, bayoubear.

This is like semi-live play.
posted 7 weeks ago
  15 curios
doesn't this have to be reset to allow everyone the opportunity of further predictions?
posted 7 weeks ago
Predict the _next_ day that it has a positive gain from the day's open to close.
posted 7 weeks ago
  17 curios
it will not allow me to do that carnacthemagnificent
posted 7 weeks ago

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