Created Tue 10th Mar 2009 12:38am PST by

jpkoester1 Level 14, Prophet (H$140,970)

Where will the DOW Jones close on the last trading day of 2009?

Settled as DJIA closes above 9000

DJIA closed at 10548.50 on the last day of trading...well above the 9000 mark

Background:

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

Forecast history %

DJIA closes below 4000

DJIA closes between 4000 and 4999.99

DJIA closes between 5000 and 5999.99

DJIA closes between 6000 and 6999.99

DJIA closes between 7000 and 7999.99

DJIA closes between 8000 and 8999.99

DJIA closes above 9000

93%

Settled as DJIA closes above 9000 on Fri 1st Jan 5:50am PST

Activity: H$1,399,984
Predictions: 4213
Comments: 19

Suspend date: Mon 30th Nov 2009 7:59pm PST
Settlement date: Fri 1st Jan 5:50am PST
Prediction cut-off: Predictions on this question after Mon 30th Nov 2009 7:59pm PST have been voided because they were made after the question could be settled

Initial likelihoods: DJIA closes below 4000: 1%, DJIA closes between 4000 and 4999.99: 9%, DJIA closes between 5000 and 5999.99: 20%, DJIA closes between 6000 and 6999.99: 40%, DJIA closes between 7000 and 7999.99: 20%, DJIA closes between 8000 and 8999.99: 9%, DJIA closes above 9000: 1%

Action history:

Created Tue 10th Mar 2009 12:38am PST by

jpkoester1 Level 14, Prophet (H$140,970)

Suspended Mon 30th Nov 2009 7:59pm PST : Suspend date reached

Settlement requested Thu 31st Dec 2009 1:51pm PST by

randburg Level 20, Hubdub God (H$5,892,511)

: Dow closed at 10,428.05, WELL ABOVE 9000 on 12/31/09.

http://finance.yahoo.com/q?s=%5EDJI

Settlement requested Fri 1st Jan 5:25am PST by

tuff_sledding [Power User]

: despite a minor dive at the end, the Dow comfortably exceeded expectations, closing @10,428, far above 9,000.
thanks

Settled as 'DJIA closes above 9000' Fri 1st Jan 5:50am PST by

bayoubear [Admin]

: DJIA closed at 10548.50 on the last day of trading...well above the 9000 mark

Settled as 'DJIA closes above 9000' Fri 1st Jan 5:50am PST by

bayoubear [Admin]

: The Dow ended well above 9000, ending the year at 10,548.50

Settled as 'DJIA closes above 9000' Fri 1st Jan 5:50am PST by

bayoubear [Admin]

: DJIA closed at 10548.50 on the last day of trading...well above the 9000 mark

Settled as 'DJIA closes above 9000' Fri 1st Jan 5:50am PST by

bayoubear [Admin]

: DJIA closed at 10548.50 on the last day of trading...well above the 9000 mark

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Predictions (4213)

15 weeks ago

rogerkni Level 14, Prophet (H$192,821)

predicted DJIA closes between 7000 and 7999.99 (H$100 at 1%)

15 weeks ago

divakaleigh Level 12, Guru (H$40,281)

predicted DJIA closes above 9000 (H$200 at 92%)

15 weeks ago

kentuckywildcat Level 15, Seer (H$269,060)

predicted DJIA closes above 9000 (H$10,000 at 90%)

15 weeks ago

rogerkni Level 14, Prophet (H$192,821)

predicted DJIA closes between 8000 and 8999.99 (H$200 at 6%)

16 weeks ago

kruijs [Power User]

predicted DJIA closes between 8000 and 8999.99 (H$300 at 12%)

Comments (19)

buckeyetom Level 17, Superdubber (H$1,708,678)

it might depend on North Korea. Remember what the markets did on 9/11? These evil countries can wreck havoc on our markets. God bless our Country!

posted 42 weeks ago

yurdinde Level 4, Whiz-kid (H$1,345)

god doesn't bless any one nation, silly

posted 39 weeks ago

buckeyetom Level 17, Superdubber (H$1,708,678)

F***U Yurdinde.................You eventually have to pick a side. There is good and evil in this world. Go and align yourself with the side you want to win.

posted 33 weeks ago

fingers_of_fury Level 18, Megadubber (H$2,776,546)

USA... USA... USA...

It's obvious which side I'm on 8^D

posted 33 weeks ago

bayoubear [Admin]

Or as in the Bob Dylan song...God is on OUR side...no matter which side you're on...

posted 33 weeks ago

tuff_sledding [Power User]

rogerkni, I really appreciate the fact that you keep throwing good money after bad and keep giving me very attractive entry points to increase my winnings by the end of this year. You can temporarily mitigate your losses by throwing more money into the pot, but in the end it's where the Dow closes at the end of the year and it IS NOT going to be < 6000!
So, please keep doing it, you have been tremendous help to me!

posted 33 weeks ago

imantsdimants Level 16, Oracle (H$530,287)

@tuff_sledding: I'm curious - why is 6000 the lowest possible price target in your opinion?

posted 33 weeks ago

tuff_sledding [Power User]

'cause that was the March capitulation low (6440) and we are >3000 points above 6000. The recession is easing and the banking system has not collapsed. It's not going to be smooth sailing from here and I don't expect the market to go up much from here, I would not be surprised to see a retrenchment and pullback into the low 8000s, but not anywhere near 6000. Remember the market always anticipates. The expectations no longer call for a total economic collapse...
We are still 5000 points below the peak we saw last year, so I think we are actually pretty close to where we should be, all things considered. Of course, I could be wrong, feel free to bet against me.

posted 33 weeks ago

tuff_sledding [Power User]

Hey, Rog, here is another market you may want to put some money on. http://www.hubdub.com/m46861/What_will_happen_first
The betting is overwhelmingly against the dow dropping below 7k - better straighten them out....

posted 32 weeks ago

buckeyetom Level 17, Superdubber (H$1,708,678)

9000+ seems obvious. Why would anyone think differenly?

posted 28 weeks ago

tuff_sledding [Power User]

@ buckeye: 'cause the fall is a time when the market falls, more often than not. the rally may have gotten a bit ahead of reality, I've been expecting a correction for some time.

posted 28 weeks ago

tuff_sledding [Power User]

or not.....

posted 26 weeks ago

imantsdimants Level 16, Oracle (H$530,287)

@tuff: Have you ever considered going into politics?!

posted 26 weeks ago

buckeyetom Level 17, Superdubber (H$1,708,678)

It's 9,000 plus.

posted 25 weeks ago

tuff_sledding [Power User]

@iman: I can neither confirm or deny this assertion....:-)

posted 24 weeks ago

birdy

@tuff If you are right I think you should, you must have a masters in economics if you are right.

posted 24 weeks ago

tuff_sledding [Power User]

@ birdy: No, actually, I am a pediatrician. With varied interests. I run an intensive care unit for sick and premature newborn babies. No formal education in economics or business. But I pay a lot of attention to such things...

posted 23 weeks ago

Erik

@tuff_sledding

"No formal education in economics or business. But..."

I thought you were going to tell us you stayed in a Holiday Inn Express last night. ;)

posted 23 weeks ago

tuff_sledding [Power User]

@Erik: I wish I'd thought of that one, thanks.

posted 22 weeks ago

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