Latest news from the Intrade Prediction Market is that traders consider Scott Brown as even money. Martha Coakley, the Democratic candidate in Massachusetts to replace the Senate seat left by Ted Kennedy is no longer the favorite. This on the Saturday before the election! Scott Brown has risen from 10% to 50% in one week.
Here is the chart for the Republican Scott Brown on Intrade.
Here is the chart for the Democrat Martha Coakley on Intrade.
Man. I started predicting a Brown win three days ago. Should have put my money where my mouth was!
ReplyDeleteWell, you still can, it's just going to cost more than it would have three days ago. I don't think his stock is going to rise much higher than 50%-55% for the next couple days. I would try to go long if the price went below 50%.
ReplyDelete