Posted on 09/01/2004 8:58:29 PM PDT by AaronInCarolina
Just like last night, someone is messing with the Iowa Electronic Market just at midnight so that a snapshot price at midnight, which affects the historical trend graph, makes it look like Kerry is doing better in political futures trading than he really is!
LOL!!! That is desperation.
Good, let it fool people into think Kerry is doing better than he is, and you can make yourself a bundle.
George Soros and Teresa are muscling the little guys.
Check out tradesports.com:
http://www.tradesports.com
PRESIDENT.GWBUSH2004 58.5 58.7 58.7 469.8k +0.5
PRESIDENT.KERRY2004 41.0 42.4 43.0 2361 0
Bush gaining, Kerry fading.
Perfect. Buy sKerry futures at midday, and sell them at night.
If the administrators of IEM are not dumb or Democrat, they would use average daily price instead of the closing prices.
BUMP!
FO...
What makes tradesports better?
REP04 0.540 DEM04 0.455Then just before midnight, Bush's numbers plummeted to 0.50 and Kerry's shot up to 0.475, very similar to last night. Now, historically Bush has enjoyed a 9 point spread in probability for the last couple of weeks, and for the last 2 nights price manipulation (people who had bought up Bush contracts then dump them at ridiculously low prices just before midnight) has reduced the difference to 0 last night, and a couple of points tonight.
Ha! An opportunity to take some of that money away!
Intrade.com
Bush 58.4
Kerry 42.1

Yep, this one has an up spike.
I was checking out the enemy on DUmmies about a week ago, and they were discussing an on line stock. I don't know where they'd get money to play one though, unless they saved their lunch money.
I can't imagine them being intelligent enough to play the market. I think this drop in Iowa Electronics is a sell short set up by those who know how to play the market well. There's money involved.
That's how Soros makes his millions - a drop in the American dollar (which is why he needs a Kerry win.)
If you could manipulate it to make money, wouldn't you?
The dems are easy pickings, some people are going to screw with the markets and try and make a killing, more power to'em. If they fail, hey, it happens.
Electoral Vote Predictor 2004: Kerry 242 Bush 280
I would, because the cash in is when the vote is called. In the mean time, add on to make each share pay off. There's Kerry supporters out there who think Kerry is doing well. Those are the people to scam.
Be careful short term. Buying right now would be the equivalent of buying stocks on good news. Often, market savvies buy after bad news and sell after good news. If you plan to hold to the election, it's of course a great investment :)
Larry Kudlow is a fan of the Iowa market. My understanding is they don't allow trades of more than $500 so it would take some coordination to do this. I did notice tonight's slide and was alarmed (I did not see last night's). I was wondering if the "cannot win the war" was having an impact. With a good speech tomorrow Bush can put this away.
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