October 19, 2004

Tradesports market manipulation update

Everybody's favorite commie links to further analysis by Don Luskin of manipulation in the Tradesports political futures markets. More evidence and thoughtful analysis of the question can be foundhere.

This is a subject we've been following closely around here for a couple of weeks now, since we noticed that the markets indicated that Bush had won the first and third debates (measured by a marked increase in the value of the reelect contract) during the debates, only to see the price driven down rapidly in the hours immediately after. At first, I chalked it up to the markets reacting to the formation of the spin, but something else might have been at play here.

Who could/would do such a thing? Who do we know who has experience with what Sgt. Schultz would call "mooooonkey business!" with futures markets?

goofy hillary pic.jpeg

Ah, yesss.........

Except, I've seen THIS bumper sticker driving around DC pasted to the back of a mammoth SUV with NY plates and a "MV" sticker on the side:

hillary 08 1.jpg

That leaves as my suspect:


None other than George "I'm Mister Heat Miser, I'm Mister Hottt de-dah-de-dah!" Soros.

So, our new motto is: Tradesports---no good as a reliable political indicator, but a great way to take money from George Soros!

Posted by Steve at October 19, 2004 09:52 AM | TrackBack

Hey, I've got to know, is that bumper sticker - SUV story for real? I know it's what we all believe to be true, but if you actually saw such a thing...
If not, then credit to you in the details, the "MV" sticker adds just the right touch.

Posted by: Steve at October 19, 2004 02:40 PM
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