Look at the chart- it doesn’t look low to me, quite the contrary.
Down from 78 before the first debate and down from 65 this weekend.
It’s definiately falling (at 42 for romney last i saw). InTrade is everybit as much like buying stocks as it is any thing else. The reason it has taken awhile to fall in place is that many people probably bought obama shares at 80+, 70+, 60+, etc. So......those people are gambling and holding out hope that obama can make a comeback here. That it is starting to fall means those “investors” are more willing to take a loss than go down with the ship and lose their entire investment.