[FoRK] US election overtaxes electronic markets...
jbone at place.org
Tue Nov 2 15:33:13 PST 2004
PRESIDENT.GWBUSH2004 28.0 28.5 28.5 1.2m -24.5
> So many people are hitting to Tradesports for the
> latest summary of how George Bush stands, that
> it is only sometimes responding. The last price I
> saw for Bush2004 futures was $37. I bet there
> will be a lot of complaints by those who aren't
> able to trade in the last hours, because of a
> much wider audience using the site "for
> informational purposes only."
I heard a rumor here at the conference that Soros was playing this
issue on TS. (That's actually not a joke. I did hear that.)
Republican fluffers doing the witching hour minute shuffle? Got that
Interestingly: (one set of) Vegas odds I saw a few minutes ago are
Kerry 2/7, Bush 5/2. Lots of interesting cross-market arb opps...
Maybe Bill Bennett's letting his jones get at him.
PS - futures markets predict the future.... SURE! I gotta bridge to
sell ya, too. Goodbye to THAT myth. ;-) :-)
PPS - book recommendation: _Fooled By Randomness_ by Nassim Taleb.
Read it a couple of weeks ago, truly a great book.
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