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Sunday, January 6th, 2008...10:44 am


Election Futures Trading

I really have no idea how election futures trading, such as at Intrade, works; but do know that traders are reactive to the latest news and they indicate which candidate traders believe has the best chance.

Clinton futures at Intrade have plummeted, after rising to about 70 during the weeks before the Iowa caucuses, to 37 today. Meanwhile Obama futures have gone from the neighborhood of 20 to 63 today.

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