The Industry Standard - Dow Jones drops 10% in a single day by end of 2008? - Comments http://www.thestandard.com./predictions/10-single-day-drop-dow-jones-industrial-average-end-2008 Comments for "Dow Jones drops 10% in a single day by end of 2008?" en Did not happen. Unfavorable http://www.thestandard.com./predictions/10-single-day-drop-dow-jones-industrial-average-end-2008#comment-8936 <p><!--paging_filter-->Did not happen. Unfavorable judgment can now be rendered.</p> Fri, 02 Jan 2009 08:29:49 -0500 David Kuan comment 8936 at http://www.thestandard.com. Close but not close enough. http://www.thestandard.com./predictions/10-single-day-drop-dow-jones-industrial-average-end-2008#comment-8310 <p><!--paging_filter-->Close but not close enough. DJIA dropped about 680 points today which is about 7.7%.</p> Mon, 01 Dec 2008 19:38:30 -0500 David Kuan comment 8310 at http://www.thestandard.com. Dow Jones drops 10% in a single day by end of 2008? http://www.thestandard.com./predictions/10-single-day-drop-dow-jones-industrial-average-end-2008 <p><!--paging_filter--> </p> <p>Judgment made on January 7, 2009: During this time frame, the Dow failed to drop below 10%. Whew. The closest it came was on Oct. 15 when it dropped 733 points for a 7.87% change. The community guessed correctly. -- The Industry Standard </p> <p>Original prediction: Black October struck again and the global economy is in a crisis of historical proportions. </p> <p>The week of October 6 to October 10 presents the worst week ever in the equity market worldwide. An 18% drop in DJIA, a 24% drop in Nikkei 225, and a 21% drop in FTSE 100. </p> <p>DJIA has also experienced large daily losses in the past few weeks.</p> <p>Note the top ten single-day drops in the <a href="/" rel="nofollow">table</a> below. </p> <table width="90%" border="1"> <tbody> <tr> <td>Rank</td> <td>Date</td> <td>Close</td> <td>Net Change</td> <td>% Change</td> </tr> <tr> <td>1</td> <td>1987-10-19</td> <td>1,738.74</td> <td>-508.00</td> <td>-22.61</td> </tr> <tr> <td>2</td> <td>1929-10-28</td> <td>260.64</td> <td>-38.33</td> <td>-12.82</td> </tr> <tr> <td>3</td> <td>1929-10-29</td> <td>230.07</td> <td>-30.57</td> <td>-11.73</td> </tr> <tr> <td>4</td> <td>1929-11-06</td> <td>232.13</td> <td>-25.55</td> <td>-9.92</td> </tr> <tr> <td>5</td> <td>1899-12-18 </td> <td>58.27</td> <td>-5.57</td> <td>-8.72</td> </tr> <tr> <td>6</td> <td>1932-08-12 </td> <td>63.11</td> <td>-5.79</td> <td>-8.40</td> </tr> <tr> <td>7</td> <td>1907-03-14 </td> <td>76.23</td> <td>-6.89</td> <td>-8.29</td> </tr> <tr> <td>8</td> <td>1987-10-26</td> <td>1,793.93</td> <td>-156.83</td> <td>-8.04</td> </tr> <tr> <td>9</td> <td>1933-07-21</td> <td>88.71</td> <td>-7.55</td> <td>-7.84</td> </tr> <tr> <td>10</td> <td>1937-10-18</td> <td>125.73</td> <td>-10.57</td> <td>-7.75</td> </tr> </tbody> </table> <p> PREDICTION: At least a 10% single-day drop in Dow Jones Industrial Average between October 10 and end of 2008.</p> http://www.thestandard.com./predictions/10-single-day-drop-dow-jones-industrial-average-end-2008#comments Business &amp; Finance dow jones economy stock market Mon, 17 Nov 2008 13:13:59 -0500 David Kuan 121685 at http://www.thestandard.com.