[supercat]

One thing I've wondered about the IEM: if someone puts in a Bid for one share of Bush at $0.99 at 23:59:58cst, what effect would that have on the closing market price? My impression would be that the person would buy one share at $0.99, and the closing market price--unless someone posts a transaction after that--would be $0.99 even though there was never a pending bid anywhere near that high. Am I correct in my thinking?

If so, one thing that might help make the IEM's graphs more meaningful would be to either plot (closing bid+closing ask)/2 or else plot median(closing bid,closing ask,closing market). Some other figures would be even better, but the above should be doable with available data.

[Gill]

If you total all Tradesports.com 50% states and up,the President has 291 in EV's.I like those odds!