
How many points will the DOW drop in first 15 minutes of opening on Monday, 10/13/08?
DJIA opened about 11 points higher than Friday's close and never dropped more than 1 point in the first 15 minutes of trading
Since it never dropped below Friday's close, it's being settled as 0-100.00
Background:>
Asian and European stock markets plunged Monday as government bank bailouts in the U.S. and Europe failed to alleviate fears that the global financial crisis would depress world economic growth.
A man monitors stock market prices in Taipei October 6, 2008. Taiwan stocks dropped 4.12 percent on...
A man monitors stock market prices in Taipei October 6, 2008. Taiwan stocks dropped 4.12 percent on Monday to a more than four-year closing low, with financial shares including Cathay Financial leading the decline as the global economic outlook darkened.
(Pichi Chuang/AP Photo)Investors took scant comfort from Washington's passage of a US$700 billion plan to buy bad assets from banks and other institutions to shore up the financial industry on Friday because of the uncertainty still hanging over the details of the deal and the degree to which it will help.
Britain's benchmark stock index, the FTSE 100, lost 220.11 to 4,760.14 — a 4.42 percent fall. The declines were led by the banking industry, with the mining and oil industries also suffering drops. HBOS PLC's share price dropped 15.7 percent, while the Royal Bank of Scotland Group PLC fell 13.6 percent.
Germany's DAX index fell 4.22 percent to 5,552.27. France's CAC-40 index dropped 4.85 percent to 3,882.81. In Russia, the RTS stock index tumbled more than 7 percent in first 20 minutes of trading.
Settlement details:
As reported by a major mainstream news
Settled
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0-100.00 |
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100-200 |
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200-300 |
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300 + |
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Suspend date: Mon 13th Oct 6:25am PDT Settlement date: Mon 13th Oct 6:52am PDTPrediction cut-off: Predictions on this question after Mon 13th Oct 6:25am PDT have been voided because they were made after the question could be settled
Initial likelihoods: 0-100.00 : 15%, 100-200: 15%, 200-300: 15%, 300 +: 55%
Action history:
Since it never dropped below Friday's close, it's being settled as 0-100.00
Suspend date: Mon 13th Oct 6:25am PDT Settlement date: Mon 13th Oct 6:52am PDTPrediction cut-off: Predictions on this question after Mon 13th Oct 6:25am PDT have been voided because they were made after the question could be settled
more info...
Predictions (67)
67 predictions
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