Basically Intrade cuts through the hype and tells you what is really going on. If the Democrats had actually grabbed momentum recently.. then it would of showed up on Intrade, but just the opposite happened the numbers have moved more negative against them, which means regardless of what they are saying on TV and elsewhere Democrats know in their heart that they are going to get their asses whooped.
Yes, but that is not the same population as those who will vote. Nor do these gamblers necessarily feel more strongly than voters who are not gamblers (such as me). The Intrade numbers are just entertaining curiosities.
That might be true to an extent, but I believe those indexes are a ‘lagging indicator’.