Fred has lost ~30 points at Intrade over the last few weeks, with some heavy short interest still prevailing.
Thompson Tanking in Futures Markets (Intrade, IEM)
Intrade; Iowa Electronic Markets ^ | October 31, 2008
http://www.freerepublic.com/focus/f-news/1919127/posts
Intrade forum discussion
http://bb.intrade.com/intradeForum/posts/list/1805.page
Is this Intrade stuff like gambling? This is like the equivelant of betting on horses no?
So?
In August and Sept. he was in the 30s.
So was Intrade right then or is it right now? What about a month from now? Intrade is volatile by its very nature.