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McCain up a point on Intrade this evening. Manipulation?

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Hokie Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-28-08 11:17 PM
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McCain up a point on Intrade this evening. Manipulation?
Edited on Tue Oct-28-08 11:18 PM by Hokie
Is this more market manipulation as was reported earlier?

http://www.fivethirtyeight.com/2008/09/intrade-betting-is-suspcious.html
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Zynx Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-28-08 11:17 PM
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1. No. That's just normal market movement.
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Bicoastal Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-28-08 11:18 PM
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2. I noticed that too, but it's hard to get too worried at 87-13.
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Hokie Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-28-08 11:20 PM
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3. I don't see any big poll movements tonight
Zogby must not be moving or Drudge would be hyperventilating.
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Awsi Dooger Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-28-08 11:24 PM
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4. Hardly, it's very typical
Many speculators are willing to take high odds on an outcome that previously was expected to be close. In fact, in the long run it's good strategy.
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Quixote1818 Donating Member (1000+ posts) Send PM | Profile | Ignore Tue Oct-28-08 11:38 PM
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5. The stock market went up 300 points today. The better the market does between now
Edited on Tue Oct-28-08 11:38 PM by Quixote1818
and election day, the better for McCain. Though it wont ever be enough for him to win, it is enough to impact Intrade by 1 measly point.
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