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

Original prediction: Black October struck again and the global economy is in a crisis of historical proportions.

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.

DJIA has also experienced large daily losses in the past few weeks.

Note the top ten single-day drops in the table below.

PREDICTION: At least a 10% single-day drop in Dow Jones Industrial Average between October 10 and end of 2008.

(AP Photo/Richard Drew)