System and method for real-time on-line interactive forecasting of an element, the method comprising: receiving a user input for a forecast element; and capturing at least one forecast of an element or event, storing that at least one forecast of an element or event, and sending collective contributed forecast information back to the user who originally sent the input in response to the receipt of the user input for optional display. The method may optionally also include either or both of providing a minimal input forecast interface, and/or pre-queuing a list of elements for fast forecasting; receiving a user input for a forecast element. Computer program product for execution on a single computer or plurality of computers to implement the inventive method and system.