Intrade movin' on up, 58.1 and on the way to 60.

[grantcart]

http://www.intrade.com/v4/home/

[Jeff In Milwaukee]

1. Just clocked in at 58.3...

Inching upward. It will be at 60 by Wednesday. Maybe higher.

[eppur_se_muova]

2. OK, now I have the theme from "The Jeffersons" running through my head ...

you did that on purpose, didn't you?

[Rowdyboy]

3. 58.6 now......

[flamingdem]

4. crap, maybe I should make a wager

has anyone ever done that?

oh well too late as usual

up from here!

[a kennedy]

5. 58.4% as of now.....

http://www.intrade.com/v4/home/

[grantcart]

6. 58.5 holding firm, on the way to 60

[graywarrior]

7. Not liking there House predictions nor do I care for 62% likely Scott Brown win. Boo.

[totodeinhere]

8. Sorry to be negative about this, but...

Even a 40% chance that Romney might be our next president scares the shit out of me.

[grantcart]

9. that's not exactly how you should read it.

Since these shares are liquid, at least for a while, it means that even if you are for Obama, even if you think he is going to win, there is a point where buying Romney shares will make you money.

For example if it went down to 38 and you bought it and then Romney got a little bump and it goes up to 42 then sold it, you would get 10% profit in, let's say 2 weeks, that would be a very nice profit.

So over the next few weeks there is a real basement for Romney's price and 40 would have to be about it. If it fell below 40 it would be a good buy for the short term.

Eventually though there is a zero sum result and one side will go to 100 and one will go to zero.

You would be right to worry if Romney is still sitting at 40 a couple of weeks before the election. I think that there will be a lot of people trying to sell and cut their losses at that time.

[totodeinhere]

12. Thank you for the explanation. n/t

[Drunken Irishman]

13. Even in Oct. '08, McCain was barely below 40%...

I wouldn't be surprised if Romney is at, or slightly above, 40% two weeks out. I don't know if this election will be a decisive as it was four years ago, so, that uncertainty could keep Obama at 59-60% - which still would be only two or three points worse than early October four years ago.

Of course, I'm sure that changed dramatically the closer we got to the election. So, who knows.

[cliffordu]

10. Kool. K&R

[Jeff In Milwaukee]

11. 59.2 as of 9:50 EST (nt)

[dimbear]

14. 59.6 right now..............