http://www.theindustrystandard.com/predictions/suggestions/10-gain-dow-jones-industrial-average-end-2008 Comments for "10% single-day gain in Dow Jones Industrial Average by end of 2008" en http://www.theindustrystandard.com/predictions/suggestions/10-gain-dow-jones-industrial-average-end-2008 <p><!--paging_filter-->Black October struck again and the global economy is in a crisis of historical proportion. 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. Historically, there are expectations for large daily gains in DJIA as the economy rebounds.</p> <table border="1"> <tr> <td> Rank</td> <td>Date</td> <td>Close</td> <td>Net Change</td> <td>% Change</td> </tr> <tr> <td>1</td> <td>1933-03-15</td> <td>62.10</td> <td>+8.26</td> <td>+15.34</td> </tr> <tr> <td>2</td> <td>1931-10-06</td> <td>99.34</td> <td>+12.86</td> <td>+14.87</td> </tr> <tr> <td>3</td> <td>1929-10-30</td> <td>258.47</td> <td>+28.40</td> <td>+12.34</td> </tr> <tr> <td>4</td> <td>1932-09-21</td> <td>75.16</td> <td>+7.67</td> <td>+11.36</td> </tr> <tr> <td>5</td> <td>1987-10-21</td> <td>2,027.85</td> <td>+186.84</td> <td>+10.15</td> </tr> <tr> <td>6</td> <td>1932-08-03</td> <td>58.22</td> <td>+5.06</td> <td>+9.52</td> </tr> <tr> <td>7</td> <td>1932-02-11</td> <td>78.60</td> <td>+6.80</td> <td>+9.47</td> </tr> <tr> <td>8</td> <td>1929-11-14</td> <td>217.28</td> <td>+18.59</td> <td>+9.36</td> </tr> <tr> <td>9</td> <td>1931-12-18</td> <td>80.69</td> <td>+6.90</td> <td>+9.35</td> </tr> <tr> <td>10</td> <td>1932-02-13</td> <td>85.82</td> <td>+7.22</td> <td>+9.19</td> </tr> </table> <p><strong><br /> PREDICTION: At least a 10% single-day gain in Dow Jones Industrial Average between October 10 and end of 2008.<br /> </strong><br /> Reference article: <a href="http://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_Average" title="http://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jones_Industrial_Average" rel="nofollow">http://en.wikipedia.org/wiki/List_of_largest_daily_changes_in_the_Dow_Jo...</a></p> http://www.theindustrystandard.com/predictions/suggestions/10-gain-dow-jones-industrial-average-end-2008#comments Business &amp; Finance dow jones economy stock market Fri, 10 Oct 2008 22:35:45 -0700 David Kuan 119791 at http://www.theindustrystandard.com