Tuesday, January 12, 2010

Intrade Update

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.

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