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To: expat1000
One thing that concerns me, is on Intrade, after moving down to +11, Obama is back up to a whopping +16% over Romney. What do those people know that we don’t?

They know that the way a market works is that at the endpoint, the Intrade numbers will match up 100% with the election results because that's the way it works.

What it does before that up and down has absolutely nothing to do with the end result.

If markets are always accurate, then why does the term "market correction" exist?

14 posted on 09/04/2012 6:12:38 AM PDT by sam_paine (X .................................)
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To: sam_paine; CincyRichieRich

Cincy, it is not 62-38. Today it is Obama +16 like I said.

Intrade - gambling as such, does not interest me therefore I have not put any time into looking into exactly what Intrade is/does. It’s quite possible I misunderstand it - badly. I thought people were laying down money at fixed odds. Are you, Sam, saying that is not the case?


48 posted on 09/04/2012 7:36:26 AM PDT by expat1000
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