Created Fri 11th Sep 7:37pm PST by 
imantsdimants
imantsdimants 
How many days will the stock market (DJIA) close over 10,000 in 2010?
Background: http://money.cnn.com/2009/08/28/markets/thebuzz/?postversion=2009082812
NEW YORK (CNNMoney.com) -- The market keeps chugging along. But with speculative stocks like AIG and Vonage leading the way, you have to wonder if the rally won't soon go off the rails.
"It's clear that the market, in order to grind higher, needs more empirical evidence from companies about a recovery," said Quincy Krosby, market strategist with Prudential Financial. "The market has been propelled higher by lower-grade companies. What needs to happen is a move into the best of breed companies, the ones with better balance sheets."
***
Ground rule: Closing price for the previous trading day will be used for Saturdays, Sundays, Holidays and whatever other day the stock market is closed when it comes to calculating the settlement on this question.
For instance, if the DOW closes at 10,001 on a Friday, it will be considered to be at 10,001 on Saturday and 10,001 on Sunday too for the purposes of settling this question.
NEW YORK (CNNMoney.com) -- The market keeps chugging along. But with speculative stocks like AIG and Vonage leading the way, you have to wonder if the rally won't soon go off the rails.
"It's clear that the market, in order to grind higher, needs more empirical evidence from companies about a recovery," said Quincy Krosby, market strategist with Prudential Financial. "The market has been propelled higher by lower-grade companies. What needs to happen is a move into the best of breed companies, the ones with better balance sheets."
***
Ground rule: Closing price for the previous trading day will be used for Saturdays, Sundays, Holidays and whatever other day the stock market is closed when it comes to calculating the settlement on this question.
For instance, if the DOW closes at 10,001 on a Friday, it will be considered to be at 10,001 on Saturday and 10,001 on Sunday too for the purposes of settling this question.
Settlement details:As reported by a major mainstream news source.
Forecast history %
| 100+ |
| ||||
| 80+ |
| ||||
| 60+ |
| ||||
| 50+ |
| ||||
| 40+ |
| ||||
| 30+ |
| ||||
| 22+ |
| ||||
| 11-21 days |
| ||||
| 1-10 days |
| ||||
| none |
|
Question suspends in 1 year
- Activity: H$290,322 |
- Predictions: 1169 |
Comments: 4
Suspend date: Fri 24th Dec 2010 9:59pm PST (1 year to go)
Initial likelihoods: 100+: 12%, 80+: 10%, 60+: 8%, 50+: 5%, 40+: 5%, 30+: 5%, 22+: 8%, 11-21 days: 10%, 1-10 days: 12%, none: 25%
Action history:
Created Fri 11th Sep 7:37pm PST by imantsdimants
imantsdimants 
Suspend date: Fri 24th Dec 2010 9:59pm PST (1 year to go) details 
Get widget!Predictions (1169)
rogerkni
predicted 30+ (H$20 at 1%)
tuff_sledding![[Power User]](http://www.hubdub.com/images/icon_superuser.gif "This user is a super user"){kind=icon}
predicted 100+ (H$700 at 68%)Comments (4)
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Sept. 11, 2009
Strong Week For US Stocks
The Dow Jones Industrial Average closed Friday at 9605.41.
For the week, that's up 164.14 points, or 1.74%.
"There continues to be disbelievers, and the pressure has just kept building on those people that are under invested," said David Scott, portfolio manager of the Chase Growth Fund.
For both Friday and the week as a whole, transports were the hottest sector.
Leading the move on Friday, FedEx tacked on 4.66, or 6.4%, to 77.32, after the package delivery giant said its fiscal first-quarter earnings will exceed its previous expectations.
(Created Fri 28th Aug 11:22am CDT)
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