RE: As the markets tanked at the end of ‘08 in anticipation of an Obama presidency, so they are rallying this year in anticipation of a President Romney.
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REALLY? How to explain this site ( where traders put REAL MONEY into how events will turn out ):
http://www.intrade.com/v4/home/
Barack Obama to be re-elected President in 2012
57.0% CHANCE
Last prediction was: $5.70 / share
Today’s Change: +$0.01 (+0.2%)
Why on earth would I consider Intrade the only reliable indicator?