October 08, 2004

Market Break for Kerry

THIS isn't funny:

bush 2nd debate.gif

This is the chart for today's trading of the Bush reelected futures contract on Tradesports.
The spread between their two contracts is under five bucks, pointing to an even race. This is a huge movement.

Here's Kerry's elect contract for today

kerry debate 2.gif

The one flaw in the markets is that they could be manipulated by people dumping money to give the appearance of momentum. I don't know if that's the case here---to be perfectly honest, I would be suspicious of that view. But then again its not like George Soros has no experience with this....

Posted by Steve at October 8, 2004 11:13 PM | TrackBack
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