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When will the next DJIA three-day win streak happen?

Settled as December 2008

Settled as December since we have now had three days in a row of gains of the DJIA:
12/30/08 +184.46
12/31/08 +108.00
01/02/09 +258.30

According to the specification of the question, if a streak begins in a month and is completed in the following month it will be settled on the basis of the month in which it started, and in this case that was December.
Over these three days, the DJIA went from 8483.93 to 9034.69, about a 550 point gain.

This question will be settled as of 4 PM EST on January 2, the time that the NYSE closed and results could be known. Any wagers made after that time will be voided and refunded.

Background:

The last time the Dow Jones Industrial Average posted daily increases three days in a row was the last week of August 2008.

Starting with December 2008, when will the DJIA post three consecutive days of daily gains?

For settlement purposes, the first day of the win streak will be considered. For example, a three day streak that begins on the last day of December and extends to the first two days of January will be considered settled as "December."


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

 
Forecast history, %
   Zoom in

Settled

December 2008
21%
January 2009
55%
February 2009
9%
March 2009
6%
April 2009
4%
May 2009
2%
June 2009
1%
Other
0%
Activity: H$15,959
Settled as December 2008 on last Saturday 5:06am PST

Suspend date: Tue 30th Jun 2pm PDT (24 weeks to go) Settlement date: last Saturday 5:06am PSTPrediction cut-off: Predictions on this question after last Friday 1pm PST have been voided because they were made after the question could be settled

Initial likelihoods: December 2008: 20%, January 2009: 25%, February 2009: 22%, March 2009: 15%, April 2009: 10%, May 2009: 5%, June 2009: 2%, Other: 1%

Action history:

Created Tue 25th Nov 2008 10:36am PST by carnacthemagnificent
Settlement requested last Friday 2:45pm PST by felix: Three day streak occurred 30, 31 December and 2 January. http://finance.google.com/finance?client=ob&q=INDEXDJX:DJI
Suspended last Saturday 4:57am PST by bayoubear[Admin]: checking for settlement
Settled as 'December 2008' last Saturday 5:06am PST by bayoubear[Admin]: Settled as December since we have now had three days in a row of gains of the DJIA:
12/30/08 +184.46
12/31/08 +108.00
01/02/09 +258.30

According to the specification of the question, if a streak begins in a month and is completed in the following month it will be settled on the basis of the month in which it started, and in this case that was December.
Over these three days, the DJIA went from 8483.93 to 9034.69, about a 550 point gain.

This question will be settled as of 4 PM EST on January 2, the time that the NYSE closed and results could be known. Any wagers made after that time will be voided and refunded.

Suspend date: Tue 30th Jun 2pm PDT (24 weeks to go) Settlement date: last Saturday 5:06am PSTPrediction cut-off: Predictions on this question after last Friday 1pm PST have been voided because they were made after the question could be settled
more info...

 

Predictions (63)

63 predictions

4 days ago
davidpepe predicted January 2009 (H$100 at 41%)
4 days ago
bobdevine predicted December 2008 (H$100 at 42%)
4 days ago
bobdevine predicted December 2008 (H$999 at 46%)
4 days ago
twalker1030 predicted December 2008 (H$20 at 41%)
5 days ago
hect0r predicted January 2009 (H$200 at 34%)
more

Comments (8)

Three day streak occurred on November 21, 24, 25.
posted 6 weeks ago
  2 bayoubear[Admin]
This question will begin as of Monday...positive days in November will not apply, first positive day to be considered will be December 1...
posted 6 weeks ago
  3 petefin
Good question Magnificent One. You could concurrently run one for the first 5 day week with all positive days. Such a good market for these questions at the moment.
posted 5 weeks ago
The market is torturing hubdubbers. Here is the daily pattern in December: down-up-up-down-up-up-down-up!
posted 4 weeks ago
  6 hect0r
Why is Dec. at 52%?
December is over and there was no 3 day streak yet.
posted 5 days ago
  7 hect0r
Sorry, just figured it out.
Dec 31 and January 2 both ended in the plus side.
posted 5 days ago
  8 bayoubear[Admin]
Just in case anyone wonders...this market should have closed as soon as the results from Friday's session were known, since that resulted in a settlement for the question. Settlement was made Saturday morning, and wagers placed after 4 PM EST were voided and refunded since those wagers were made after the outcome was assured.

That's why December was at 52% at one point later on Friday before actually finishing at 21%, which was the correct amount as of the market close yesterday.
posted 4 days ago

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