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Bush surging in the Iowa Electronic Markets
Iowa Electronic Markets ^ | 10/25/04 | Iowa Electronic Markets

Posted on 10/25/2004 12:08:34 PM PDT by KrazyEyezKillah

Bush is over $0.62 in the Iowa Electronic Markets and is surging. It's at the highest level since before the first debate. Buy now why you can still make a quick buck. It's too bad you can't short Kerry.

W. is a lock to win.


TOPICS: News/Current Events; Politics/Elections
KEYWORDS: election; iem; poll
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Bush is over $0.62 in the Iowa Electronic Markets and is surging. It's at the highest level since before the first debate. Buy now why you can still make a quick buck. It's too bad you can't short Kerry.

W. is a lock to win.

1 posted on 10/25/2004 12:08:36 PM PDT by KrazyEyezKillah
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To: Liz


As requested..


2 posted on 10/25/2004 12:09:45 PM PDT by ken5050
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To: KrazyEyezKillah

I take it the Gallop poll from 3PM set things in motion there.


3 posted on 10/25/2004 12:09:55 PM PDT by The G Man (George W. Bush: "Got wood?")
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To: KrazyEyezKillah

Money talks, which is why this is one of the most accurate predictors of the election!


4 posted on 10/25/2004 12:09:58 PM PDT by RockinRight (Bush's rallies look like World Series games. Kerry's rallies look like Little League games.)
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To: KrazyEyezKillah
Bush is over $0.62 in the Iowa Electronic Markets and is surging. It's at the highest level since before the first debate. Buy now why you can still make a quick buck. It's too bad you can't short Kerry.

W. is a lock to win.

Bush is over $0.62 in the Iowa Electronic Markets and is surging. It's at the highest level since before the first debate. Buy now why you can still make a quick buck. It's too bad you can't short Kerry.

W. is a lock to win.

Is there an echo in here?

5 posted on 10/25/2004 12:10:45 PM PDT by brewcrew
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To: ken5050

Looks good.


6 posted on 10/25/2004 12:11:47 PM PDT by Liz (The man who establishes the reputation of rising at dawn, can sleep til noon.)
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To: KrazyEyezKillah

IEM has been touted as very reliable. I think they showed the election tied in 2000.

I have the site bookmarked but admit I have a hard time decifering the stats. I still don't understand where .62 is shown.


7 posted on 10/25/2004 12:12:12 PM PDT by Republican Red (A Global Freak'n Test ???????)
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To: RockinRight

Anyone know their history of accuracy?


8 posted on 10/25/2004 12:12:35 PM PDT by RushCrush (Donate NOW! RNC, Swifties, and John Thune!!!!!!!!!!!!!!!!!!!!!!!!!)
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To: brewcrew

Yes

Yes


9 posted on 10/25/2004 12:13:11 PM PDT by Mikey_1962
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To: KrazyEyezKillah
Isn't it a damn shame we can't short horseface?
10 posted on 10/25/2004 12:15:21 PM PDT by jdm
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To: RushCrush
From googling the reliability of the IEM I found the following:

Projects similar to PAM, like the Iowa Electronic Markets, which speculate on election results, have been surprisingly reliable indicators of what's going to happen next.

The Iowa market hasn't been perfect -- it forecast a Democrat-controlled Senate in 2002. But over the course of 14 elections, the Iowa Electronic Markets' stock prices were on average a half of a percentage point closer to the results of the actual political races than the final polls were.

11 posted on 10/25/2004 12:20:22 PM PDT by Republican Red (A Global Freak'n Test ???????)
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To: Republican Red

I can't read the thing either.


12 posted on 10/25/2004 12:23:12 PM PDT by Clump
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To: Republican Red

Symbol Average
DEM04_G52 0.152
DEM04_L52 0.245
REP04_L52 0.315
REP04_G52 0.315

The $0.63 (up from $0.63) is the sum of the republican contracts. One contract pays a $1 is W. wins the election with less than 52% of the vote and the other pays $1 if W. wins with more than 52%.

This market predicted the winner in 1988, 1992, 1996. In 2000 it said that W. would win the popular vote, so the traders didn't expect the DUI fiasco.

http://128.255.244.60/quotes/78.html


13 posted on 10/25/2004 12:23:13 PM PDT by KrazyEyezKillah
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To: KrazyEyezKillah
This cannot be!

John F. Kerry, the guy who has talked more months about Vietnam that he spent in that country?

The guy who brought in the most fearsome of all campaign managers, Joe Lockhart?

And speakers, like Liz "the hippo mouth" Edwards, and that endearing old African billionaire bimbo, Heinz?

That guy is behind?

14 posted on 10/25/2004 12:23:53 PM PDT by G.Mason (A war mongering, UN hating, military industrial complex loving, Al Qaeda incinerating American.)
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To: RockinRight

I would think that investors in this market would be more likely to be Republicans, in that Republicans make up the great middle class --- neither welfare queens with no money, nor limosine liberals who could not be botherered.

Plus, given the small size of the market, it is subject to considerable manipulation by someone like Soros --- witness wild swings of late.


15 posted on 10/25/2004 12:25:20 PM PDT by MeanWestTexan
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To: MeanWestTexan
Yeah, but even if the people trading on the market are more likely to vote republican, they are betting real dinero. They'll go with their head, not their heart. I do agree that it's vulnerable to manipulation, but watch the trends. This spells doom for Kerry.
16 posted on 10/25/2004 12:29:11 PM PDT by KrazyEyezKillah
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To: Republican Red
IEM has been touted as very reliable. I think they showed the election tied in 2000.

Nope. By this point, they had Bush well ahead. About where he is right now actually. You can also see how massive some of their swings can be.

And remember that Gore won by this measurement.

17 posted on 10/25/2004 12:29:34 PM PDT by IMRight ("Eye" See BS)
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To: KrazyEyezKillah
It's too bad you can't short Kerry.

LOL - shave his head and he'll lose 3 inches!

Terezzzza has puts on him, though. She'll likely put him out in the snow November 3.

18 posted on 10/25/2004 12:32:37 PM PDT by mombonn (kerry . . . he spent 20 years in the Senate and doesn't have much to show for it. ¡Viva Bush/Cheney!)
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To: KrazyEyezKillah
This market predicted the winner in 1988, 1992, 1996. In 2000 it said that W. would win the popular vote, so the traders didn't expect the DUI fiasco.

I'm very curious as to what the final bids were when the Iowa Market closed in 2000. Any chance that anyone knows the answer.

Seems like it should have been pretty close to 50/50 since the election looked as close at the time as it turned out to be. If so, then the 60/40 split we are seeing and that is on the upswing would be even a better indicator of a Bush victory. If, on the other hand, the 2000 market closed with a Bush/Gore at 90/10 then the actual bid prices wouldn't mean as much.

19 posted on 10/25/2004 12:40:46 PM PDT by InterceptPoint
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To: brewcrew

What?


20 posted on 10/25/2004 12:41:55 PM PDT by processing please hold (All I ever need to know about Islam, I learned on 9-11)
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