The Massuchusetts Senate Race has gotten a little tighter. Rasmussen now has Brown within 2 points. As a result Scott Brown's chances have gone up. One interesting thing about the market as of this writing is that the Bid are equal to 101%. Some traders are also going long on the (MA.SPEC.SENATE.REP) contract when they could be going short on the (MA.SPEC.SENATE.DEM) contract for much cheaper. My guess is there are some new users on Intrade.
Tuesday, January 12, 2010
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LOL yeah I'd say so Chuck. I got a great deal on an undisclosed contract yesterday. The last price was 65...the BID was 35, the ASK was about 68...poor guy typed in an ASK of 36 when I am pretty sure he meant to make it a BID. I snapped up those 25 shares quickly and they should close at 100.
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