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Will Dow Jones Index drop below its 52 week low of 11,635 on Mar 7 (Fri), 2008?
Homer ( Score Rank: #8 based on predictions in the last 30 days ) Homer  |  was scored on 07-Mar-2008 (219 days ago)
"U.S. stocks tumbled, capping the market's fourth-straight monthly drop, after a report showed business activity fell to the lowest level since 2001 and UBS AG said losses in credit markets may top $600 billion."
http://www.bloomberg.com/...

DJIA is about to drop to 52wk low as in January. Do you think the market will continue to drop below its 52 week low?
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Community Accuracy:  66%
Top Predictor:   opal611 (95% Accuracy)
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Comments (4)
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  1. petercy petercy 219 days ago
    0 vote This is Good This is Bad
    answered: [ * ] No, closes > 11.636
    (more)
    Very close..but still not able to drop below 11,635.
    [ reply ]
  2. Tony Tony 221 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 96% ] No, closes > 11.636
    (more)
    Seems like it is not going to happen, although US banks just reached record high foreclosures.
    http://finance.google.com/finance?cid...
    [ reply ]
  3. Homer Homer 227 days ago
    0 vote This is Good This is Bad
    Here is the link to the latest DJIA for your convenience:
    http://finance.google.com/finance?cid...
    [ reply ]
  4. Homer Homer 227 days ago
    0 vote This is Good This is Bad
    predicted: [ Most Likely ] [ 66% ] Yes, closes <= 11,635
    (more)
    Even if the Feds decide to drop the interest rate again before its next meeting, it won't help much.
    [ reply ]
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