if the wrong guy gets elected there will be no pool! :frown:
my forecast: 50% chance of optimism or dispair. 100% chance of same old, same old.
my forecast: 50% chance of optimism or dispair. 100% chance of same old, same old.
Looks like the betting futures markets are predicting an Obama victory. At the time of this post, betters are making him a 70.0 % favorite to win it. It works kinda like odds on racehorses, with the odds adjusting as $ is bet. It has been shown to be highly predictive of elections, as it is sufficiently liquid and people are betting their $ on what the think is the most likely outcome, not what is their desired outcome. Interesting stuff...
The odd part is, if Romney wins the stock market should rally, but it's rallying today with Obama as the favorite - I don't get it.
The odd part is, if Romney wins the stock market should rally, but it's rallying today with Obama as the favorite - I don't get it.
One thing for sure. We'll all be winners when those mud slinging ads end tonight.
every last little early bit of voting polling shows romney having significant leads in ohio, pennsylvania, and florida.
Thanks - interesting. I notice the volume has been light. I guess the traders are gaming a Romney win.