Thursday, October 30, 2008

Hillary Still Bid on Intrade

I wandered over to the Intrade site yesterday to have a look at the easily influenced Presidential Campaign markets and was surprised to see that Hillary Clinton not only had bids but had rallied yesterday (on volume of about 740,000), sure the rally was only to 1.7 but it got me thinking, surely people do not believe that Hillary will be the next President, so what's going on? Well it could be short-covering by people who had previously sold Hillary futures and if so it is likely somebody (or organized somebodies) cashing out in order to influence the Obama market this weekend and next week. We saw very strange movements in the Bush market during election day 2004 and I think that we can expect a repeat next Tuesday. Here is SNL doing Hillary, Barack and that 3 AM call:


Labels: , ,

3 Comments:

Anonymous Anonymous said...

That was pretty funny! I think it's great the few times when the liberal illuminati make fun of themselves. You know the media is pretty much owned by the left for it's good to see them poke a little fun at themselves.

7:38 PM  
Anonymous Anonymous said...

That was pretty funny! I think it's great the few times when the liberal illuminati make fun of themselves. You know the media is pretty much owned by the left for it's good to see them poke a little fun at themselves.

7:39 PM  
Blogger knowitall said...

The left-wing illuminati are always viewed in the media, but to see it this way was a change only if it was for a second.

7:31 PM  

Post a Comment

<< Home