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Cinco de Mayo--How many 5s will be in the closing figure for the DJIA?

Settled as Only one 5 in the closing price

Closed at 12969.54, so one 5. (Happy Birthday Skipper!)

Background:

A bit of a fun question to help celebrate Cinco de Mayo...How many 5s will be in the close figure for the DJIA. For example, Friday's close of 13,058.20 had only one 5. There is only a possible max of five 5s, since the market's not going to jump up to 15,000 or down to 5,000.

Closing 30 minutes before the end of the day.


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

 
Forecast history, %
   Zoom in

Settled

Only one 5 in the closing price
30%
Two 5s in the closing price
28%
Three 5s in the closing price
5%
Four 5s in the closing price
1%
Five 5s in the closing price
5%
There will be no 5s in the closing price
31%
Activity: H$9,895
Settled as Only one 5 in the closing price on Tue 6th May 2008 12:13am PDT

Suspend date: Mon 5th May 2008 1:30pm PDT Settlement date: Tue 6th May 2008 12:13am PDTPrediction cut-off: Predictions on this question after Mon 5th May 2008 1:30pm PDT have been voided because they were made after the question could be settled

Initial likelihoods: Only one 5 in the closing price: 45%, Two 5s in the closing price: 25%, Three 5s in the closing price : 12%, Four 5s in the closing price: 6%, Five 5s in the closing price: 2%, There will be no 5s in the closing price: 10%

Action history:

Created Fri 2nd May 2008 2:47pm PDT by bayoubear[Admin]
Suspended Mon 5th May 2008 1:30pm PDT : Suspend date reached
Settlement requested Mon 5th May 2008 9:12pm PDT by skipper[Power User]: http://finance.yahoo.com/q?d=t&s=^DJI

DJI closed at 12969.54
only one 5 in the closing price. YAY Cinco De Mayo!
(which is also my birthday)

Best regards,
-Skipper
Settled as 'Only one 5 in the closing price' Tue 6th May 2008 12:13am PDT by tomg[Admin]: Closed at 12969.54, so one 5. (Happy Birthday Skipper!)

Suspend date: Mon 5th May 2008 1:30pm PDT Settlement date: Tue 6th May 2008 12:13am PDTPrediction cut-off: Predictions on this question after Mon 5th May 2008 1:30pm PDT have been voided because they were made after the question could be settled
more info...

 

Predictions (44)

44 predictions

35 weeks ago
steph predicted Three 5s in the closing price (H$50 at 6%)
35 weeks ago
hgumbert predicted Only one 5 in the closing price (H$50 at 28%)
35 weeks ago
robuk[Admin] predicted Only one 5 in the closing price (H$100 at 27%)
35 weeks ago
knowitall predicted Only one 5 in the closing price (H$50 at 26%)
35 weeks ago
brixtolay predicted Five 5s in the closing price (H$300 at 2%)
more

Comments (6)

  1 mrperfkt[Admin]
How about a full house? lol
Thanks for the fun question.
posted 35 weeks ago
  2 hubdubbob
Well bayou, your stretching things here to avoid the voiding. LOL Love it. Will have to see if it survives or not. I'm in for only one 5.

Though I enjoy making "predictions" on this and our other "fun" questions, I do respect Hubdub's administration in taking Hubdub in a direction they want to go with it. It is possible they will lose some members if they eliminate all the fun questions. However, I personally believe they need to do it completely or basically not at all, and right now some non-news prediction questions (in my opinion) are being allowed to continue, while others are being voided. Nothing to get very mad about, after all it isn't real money we're talking about here.
posted 35 weeks ago
  3 dieseldog
i like the fun bets also. i guess each admin choose's what they'll allow. as hdb said, some get voided others don't.
posted 35 weeks ago
are 5's in the dow newsworthy? maybe... are they voidable? not at all... the 5's are newsworthy to someone, especially in the 10's, 100's, or 1000's place... the difference between retirement and caring....
posted 35 weeks ago
  5 bayoubear[Admin]
This is just a fun question, and newsworthy only because of the tie to Cinco de Mayo...I agree with some of you about the problem with non-newsworthy questions...there can get to be too many of them and there might be a problem with them along the way...pure gambling questions like poker hands on the Dow, or third digit results on any financial outcome are more of the non-news prediction questions referenced by Bob . . . but an occasional 'fun' one like this should be ok....Maybe we could do a question based on the #4 for the Fourth of July?
posted 35 weeks ago
  6 dieseldog
where do you draw the line as to "occasional"? nobody is forced to bet on any question. i say let them all in or none. one person's occasional is another's to many.
posted 35 weeks ago

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