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03.01.2008
What the Markets are Saying

The futures markets have been moving all day--surely causing joy in the Obama camp and concern in Hillaryland. Obama currently is at 72, Clinton is all the way down at 15, and Edwards is holding more-or-less steady at 12. Hillary has fallen ten points in the last few hours alone. Also worth noting is the fact that Obama is currently favored to win New Hampshire.

On the GOP side, Huckabee is moving steadily skyward (to the heavens?).

For what it's worth...

--Isaac Chotiner 

Posted: Thursday, January 03, 2008 6:43 PM with 8 comment(s)

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Rhubarbs said:

Speaking of that, does the Republican Party have a formal mechanism for dealing with the event of its nominated candidate ascending bodily to heaven in the Rapture? It'd be pretty embarrassing if only the Democrats still had a candidate standing going into the first election of the apocalypse.

January 3, 2008 6:58 PM

huntlib said:

Isaac, could you tell us which traders you're looking at? (e.g. Intrade, etc.)

January 3, 2008 7:08 PM

Isaac Chotiner said:

Intrade

January 3, 2008 7:16 PM

FWright said:

<i>Speaking of that, does the Republican Party have a formal mechanism for dealing with the event of its nominated candidate ascending bodily to heaven in the Rapture?</i>

What do you think Romney is for?

January 3, 2008 7:50 PM

g.mcentire said:

I'm one of those Intraders you're talking about...scooping up the Hillary shares everyone else is letting go at 15. Stop and think about this. Does Hillary Clinton REALLY only have a 15% chance of winning the Iowa Caucus? It's absolutely nuts (and extremely lucrative if you've got the stomach for it)!

January 3, 2008 8:02 PM

huntlib said:

I'm amazed by the volatility in that market. Five days ago, Obama was down to about 30%.

January 3, 2008 8:37 PM

huntlib said:

Update: as of 8:45, Obama down to 53%. Jeez. What's going on?

Maybe g.mcentire bought a lot of shares.

January 3, 2008 8:56 PM

huntlib said:

Another update: Obama shot up to 79.8%.

January 3, 2008 9:03 PM