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Wednesday, April 9, 2008

Intrade update

K:
Intrade has the VP as follows:

Evan Bayh = 2.0
Wes Clark = 5.3
Jim Webb = 10.1
Billy Rich = 11.3

Inneresting list. No liberals. No blue-staters. The fallout from Obama pulling such a huge futures price (~79!!) is a lift for the otherwise improbable Billy Rich VP candidacy. Neckless wonder. For my money, the Irish soccer fans that make up the intrade audience surf too close to shore. Futures markets are not facts on the ground; the Webb number up there should be enough proof of this. Webb is a dead fish; just nothing at the end of the line...

But Evan Bayh, poor Evan Bayh at 2 points. My advice to traders is buy, in proportion to the HRC-is-nominee number. A steal, but only in an HRC world. Clinton-Bayh is like a May-September romance and an inter-dynastic marriage rolled into one. Plus Democrats taking Indiana and Arkansas? Colossal...

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