Political Futures Markets Update

The "Z-Man Bounce" is officially over:

alt="Price for Republican Party 2006 Mid Term Election Control at TradeSports.com"
title="Price for Republican Party 2006 Mid Term Election Control at TradeSports.com" border="0">

This is the chart for the futures contract on the GOP retaining control over the House. The big shoot up was the day of the Z-Man getting his eternal reward. What the chart means at the moment at least bettors are anticipating the Donks taking control of the House.

Here's the Senate with a different story:

alt="Price for Republican Party 2006 Mid Term Election Control at TradeSports.com"
title="Price for Republican Party 2006 Mid Term Election Control at TradeSports.com" border="0">

Contracts trading above $80 have reflected in the past a very high likelihood of the event occuring---in this case the GOP retaining control of the Senate.

Here's an interesting new contract: the likelihood of Fidel reassuming power in Cuba:

alt="Price for Fidel Castro to Reassume Power/Presidency at TradeSports.com"
title="Price for Fidel Castro to Reassume Power/Presidency at TradeSports.com" border="0">

One last one, for Giggles: here's the Al Gore wining the Democratic Nomination chart:

alt="Price for 2008 Democratic Pres Nominee(Others on Request) at TradeSports.com"
title="Price for 2008 Democratic Pres Nominee(Others on Request) at TradeSports.com" border="0">