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Dow - Up or down ? Which comes first, 8000 or 9000?

Settled as Dow closes above 9000 first

DJIA closed today at 9069.29, topping 9000 for the first time since November, 2008

Background:

Background: Closing price counts not intraday trading.
Category editor may suspend 1 hour before market close if close to settlement.

At close on Fri 31 July

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

 
Forecast history %
Dow closes above 9000 first
98%
Dow closes below 8000 first
0%
Dow does neither before 31 July 09
2%
Settled as Dow closes above 9000 first on Thu 23rd Jul 3:57pm PST

Suspend date: Thu 23rd Jul 11am PST
Settlement date: Thu 23rd Jul 3:57pm PST
Prediction cut-off: Predictions on this question after Thu 23rd Jul 11am PST have been voided because they were made after the question could be settled

Initial likelihoods: Dow closes above 9000 first : 55%, Dow closes below 8000 first: 35%, Dow does neither before 31 July 09: 10%

Action history:

Created Sat 6th Jun 1:57pm PST by gonegonegone
Suspended Sun 7th Jun 2:29am PST by tisha[Admin]: checking question
Unsuspended Sun 7th Jun 2:41am PST by tisha[Admin]: Option and background text have been changed to 31 July 2009, to match the intention of the question creator and the suspend date.

If you feel that this change has adversely affected your prediction, please flag for the category editor (and note that bear is on leave this weekend so may take a day or two to respond).
Changed Suspend date Thu 23rd Jul 6:31am PST by bayoubear[Admin]: was: "2009-07-28 01:00:00"
Suspended Thu 23rd Jul 11am PST : Suspend date reached
Settlement requested Thu 23rd Jul 12:44pm PST by photochico: http://www.google.com/finance?q=INDEXDJX:.DJI
Settled as 'Dow closes above 9000 first ' Thu 23rd Jul 3:57pm PST by bayoubear[Admin]: DJIA closed today at 9069.29, topping 9000 for the first time since November, 2008

Suspend date: Thu 23rd Jul 11am PST
Settlement date: Thu 23rd Jul 3:57pm PST
Prediction cut-off: Predictions on this question after Thu 23rd Jul 11am PST have been voided because they were made after the question could be settled details

 

Predictions (1354)

15 weeks ago
khora predicted Dow closes above 9000 first (H$100 at 98%)
15 weeks ago
sweet_baby_rye predicted Dow closes above 9000 first (H$2,000 at 97%)
15 weeks ago
jeopardy predicted Dow closes above 9000 first (H$1,000 at 96%)
15 weeks ago
chull predicted Dow closes above 9000 first (H$500 at 88%)
15 weeks ago
rogerkni predicted Dow does neither before 31 July 09 (H$1,000 at 10%)

Comments (14)

Date in the background should be Friday 31 July. Flagged for the bear to fix.
posted 22 weeks ago
Oops! I meant the neither date to be 31 July to give the question a chance to build up a big pot. I shall leave it to the wisdom of bayoubear to fix it, leave it, void it, whatever.
posted 21 weeks ago
  3 bookie
first I bet on neither, then I read the comments. At close on 5 Jun should have tipped me off.
Copy as new has its dangers... why not have an Edit or Edit as New buttton(s), which would allow the author (only) the chance to correct errors either keeping existing stakes or voiding them... (of course that could give authors betting on their own question an unfair advantage, so that perhaps should only be available while the question is 'new' - I'd favor extending the new period anyway.)
posted 21 weeks ago
By the time the bush recession ends, the obamaflation will be in high gear

unemployment will see 11 and 12

dow plummets.

I take the above is almost definite, but whether the dow will inch above 9k first is the real question
posted 20 weeks ago
Kids say the darnedest things....
posted 20 weeks ago
Obamaflation Update
http://digg.com/political_opinion/Obamaflation_Update
posted 20 weeks ago
lol obamaflation as a word has already been adopted. hadn't known
posted 20 weeks ago
@petefin

well todays speech had obama saying that above 10% unemployment is probable.

so this kid says: NAH NAH NA NAH NAH!!!!
posted 19 weeks ago
  9 bookie
@robamichael

Well, obamaployment sounds better... but which way will it be heard?
posted 16 weeks ago
lol. i like it!

but good point... I guess it will depend on the trend of his polls (currently downward)
posted 15 weeks ago
  11 bayoubear[Admin]
OK...here we go, maybe...at this moment (9:25 AM CDT)the Dow is trading at 8997, so there's a reasonable shot at it closing over 9000 today...so we're going to apply the temporary suspension as of 3 PM EDT today, suspending this question for the last hour of trading. If it does not close at 9000.01 or higher, it will be reopened...so take a look at your positions....
posted 15 weeks ago
  12 bayoubear[Admin]
Original suspension was 2 AM Tuesday, 7/28 . . .suspension time may be reset daily until that final date
posted 15 weeks ago
  13 bayoubear[Admin]
Original suspension was 2 AM Tuesday, 7/28 . . .suspension time may be reset daily until that final date
posted 15 weeks ago
  14 hfl13
546K - What a market. Kudos petefin.
posted 15 weeks ago

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