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538 caught something disturbing on intrade.... you should read this. [View All]

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Home » Discuss » Archives » General Discussion: Presidential (Through Nov 2009) Donate to DU
mckeown1128 Donating Member (1000+ posts) Send PM | Profile | Ignore Wed Sep-24-08 09:00 AM
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538 caught something disturbing on intrade.... you should read this.
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Click on the link and read the whole article!!!

http://www.fivethirtyeight.com/


There's something funny going on over at Intrade with respect to the pricing of the Obama and McCain contracts.......

.....It's pretty obvious that this is not some sort of random walk. Rather, every so often, some individual trader or some small group of traders are shorting all the Obama contacts in bulk and resetting the entire market. The markets then organically climb back upward until the rogue trader strikes again six or eight hours later. The volumes on these contracts have been very high for the past week as a result

What's a little weird, however, is that this rouge trader is not only selling Obama contracts and buying McCain contracts they also seem to be buying Hillary Clinton contracts:

This is the exact mirror image of the Obama trading -- in fact, the trades seem to be occurring at exactly the same times. So someone is betting on some sort of disqualifying event happening to Obama.




The short of it. Someone(s) is systematically every eight hours betting tens of thousands of dollars on Hillary replacing Obama. What exactly do they know?
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