Created Thu 9th Oct 9:07pm PDT by

Will the Dow lose triple digits on Monday, October 13?

Settled as No

Dow did not lose triple digits, instead gained triple digits, 936 points

Background:

The US Stock Markets have been plunging, but financial commentators assured us that the market would eventually hit a bottom. Do you think they will proceed to decline quickly, losing 100 points or more between Open to Close on Monday, October 13?

Settlement details: <a href="http://money.cnn.com/data/markets/">http://money.cnn.com/data/markets/<;/a>

Forecast history, %

Zoom in

Settled

Yes

50%

Activity: H$13,878

Settled as No on Mon 13th Oct 2:45pm PDT

Suspend date: Sun 12th Oct 6:59pm PDT Settlement date: Mon 13th Oct 2:45pm PDTPrediction cut-off: Predictions on this question after Sun 12th Oct 6:59pm PDT have been voided because they were made after the question could be settled

Initial likelihoods: Yes: 62%

Action history:

Created Thu 9th Oct 9:07pm PDT by

coketab

Suspended Sat 11th Oct 12:47am PDT by

mork

: Flagged by super user: markets closed on Columbus Day...?

Unsuspended Sat 11th Oct 2:32am PDT by

ryanj

: Markets not closed due to Columbus Day

Changed Description Sun 12th Oct 9:49am PDT by

bayoubear [Admin]

: show details

... a bottom. Do you think ~~the~~they will proceed to decline quickly, losing

Changed Settlement info Sun 12th Oct 9:49am PDT by

bayoubear [Admin]

: show details

... <<a href="<a href="http://money.cnn. ... money.cnn.com/data/markets/</a>"><a href="http://money.cnn.com/data/markets/&lt">http://money.cnn.com/data/markets/&lt</a>;/a>

Changed Suspend date Sun 12th Oct 9:49am PDT by

bayoubear [Admin]

: was: "2008-10-12 12:59:00"

Suspended Sun 12th Oct 6:59pm PDT : Suspend date reached

Settled as 'No' Mon 13th Oct 2:45pm PDT by

bayoubear [Admin]

: Dow did not lose triple digits, instead gained triple digits, 936 points

hide

Get widget!

Predictions (100)

100 predictions

7 weeks ago

mudbaby predicted Yes (H$100 at 50%)

7 weeks ago

fourgrays predicted No (H$50 at 50%)

7 weeks ago

fourgrays predicted Yes (H$50 at 50%)

7 weeks ago

reeeno predicted No (H$100 at 50%)

7 weeks ago

gianmy predicted Yes (H$20 at 50%)

Comments (9)

dragonfangxl

I wouldnt put it past it. After all, the panic of the previous days and after hours trading could likley cause a rush of losses anywhere from 100-1000!

posted 7 weeks ago

bgrigore

@mork: ref suspension of market: There is another market "On which day will the DJIA close higher than it opened?" where Monday 13th is present as open for trading.

posted 7 weeks ago

mork

You're right bgrigore... Thanks.. I'll hunt it down.

posted 7 weeks ago

mork

Pretty sure dow is open on Monday.
Found this: http://averages.dowjones.com/mdsidx/downloads/aigholidays08.pdf

posted 7 weeks ago

bgrigore

Yes, it's open.

"Stock Markets Open On Columbus Day
Government offices, the bond markets and many businesses will be closed Monday for Columbus Day, but the stock markets and other exchanges will be open. Bond trading won’t take place."

posted 7 weeks ago

carnacthemagnificent

Yes, it's open on Monday, though I'm sure many people wish it were closed. : )

posted 7 weeks ago

dragonfangxl

Nah. I want it to drop! Lets see if we can get it to go below 7000! Personally i think its going to go shooting up! Bargain shopping! My 9.20 shares in sprint are now worth 3.33. My 13 shares in jbt are now worth 10. Nearly everything is selling for far below its actual value. People are realizing that now is the time to buy.

posted 7 weeks ago

coketab

@dragonfangxl - here's to hopin'!

posted 7 weeks ago

dragonfangxl

Was that Hopping or hoping? Either way Sure!

posted 7 weeks ago