The election in Britain is getting a lot action now and I can understand why no one thinks the Liberal Democrats can win a majority. For a candidate who is very much like President Obama, his campaign is nothing compared to the organizational behemoth that crushed McCain/Palin. This isn't really his fault, no one gave him a chance a month ago. He is having his Iowa moment 17 days before the national election. Obama had his almost a year before the election, and then had one of the two major parties in the United States to run a campaign.
The Tories might be a bargain right now at 33% to gain a majority if they can bounce back to previous levels, but I don't know how they can recover. Lately, I have been reading Reminiscences of a Stock Operator. It has some interesting insight on trading and some of it can be applied to politics as well.
prices, like everything else, move along the line of least resistance. They will do whatever comes easiest, therefore they will go up if there is less resistance to an advance than to a decline; and vice versa.
Is a Liberal Democrat surge more likely than a Conservative one? From the looks of things, Labour seems finished, they seem the most likely to decline. Their support could swing over to the Liberal Democrats as they are the most ideologically similar but that works both ways.
The last debate served as the catalyst for the last Liberal Democrat surge. With two debates to go, one on foreign policy and one on the economy. Another surge could be possible. Both for Conservatives and the Liberal Democrats. But I got to say, I really feel the Lib Dems might be on the verge of something amazing here.
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