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To: Soul Seeker
That data you pulled was from election day on which there was false data being disseminated by the Demos...but go back and look at these betting contracts for all the days before the election, they were correct....these betting sites incorporate "all best currently known information"...if bad information is being bandied about, then they will be off. If someone said Bill Gates died, and there was good reason to believe that to be true, Microsoft stock would fall....but, if later we learned that Bill Gates was fine and healthy, Microsoft stock would go back up...it doesn't mean the stock was "wrong" to drop.....the stock price simply incorporated "all best known information"....that is why stock fluctuates throughout the trading day...it is incorporating information about the company and the economy to determine the right price...subject to change with new, better information..... Anyhow, all best known information is, it will be a tough election day for House Repubs....subject to change....but accurate given current info.
35 posted on 10/09/2006 8:51:28 PM PDT by There You Go Again
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To: There You Go Again
That data you pulled was from election day on which there was false data being disseminated by the Demos

I said that already.

.....the stock price simply incorporated "all best known information"....that is why stock fluctuates throughout the trading day...

Yes, I know, I said that too. And when the "best known" information is bad Polls trying to spur momentum for Democrats and Liberal news orgs telling people Foley will cause us to lose 50 seats (they hope), just like the regular market, people panic and react irrationally.

I really don't know why I am having to repeat this. Bad MSM Polls plus Overhype about the effect of Foley = Tradesports panic. No different when the lunatic in Iran starts mouthing off and oil prices climb for no good reason.

That makes these trading markets suspect at best. Absence manipulation, sure, maybe they are fairly accurate. But once Dems start tossing bad numbers into the mix and October Surprises they are worthless.

46 posted on 10/09/2006 9:15:39 PM PDT by Soul Seeker (Kobach: Amnesty is going from an illegal to a legal position, without imposing the original penalty.)
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