People have forgotten all the crap he’s pulled in the last 25 years. The attack ads are starting up and are reminding everyone. But I don’t think that would cause such a sudden change on intrade. I’m convinced intrade makes big moves based on people who have inside info and use that to their advantage when buying shares. If today’s move was based on some inside info, then it will become obvious tomorrow and the next 2-3 days because today’s sudden change will snowball...just like palin’s numbers dropped to zero 24 hours before she announced she was not going to run. I’d say there’s going to be a rash of important people endorsing candidates that aren’t newt...that is if this does snowball tomorrow.
I think you are right. The Washington insider peg is hitting him hard, as his past gets reintroduced to the electorate.
I wonder how much Christine O’Donnell’s endorsement of Mitt today had to do with Newt losing 20 percent. (Mitt is up 13 percent. I think Paul got the rest of Newt’s loss) O’Donnell was one of the first Tea Party favorites besides Palin, so I bet there is some confusion out there with that one.