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HFT Takes Over InTrade As Romney Flash Smashes
Since just after the US equity day session opened, Intrade's Obama and Romney markets have seen volume explosions. In what can only be described as HFT-driven chaos, perhaps someone is seeking a 'cheap' hedge on the equity market's freefall? or more likely, yet another rogue algo got loose and is toying with another market. Romney's odds exploded from 41% to 48%, crashed back down to 42% and are leaking higher once again. Obama's odds (and note the market was crossed for a while) have fallen off a cliff to their lowest since before QEtc at around 57%...
Charts: InTrade
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<Yawn!>
Hey, did you see at the end of last night's debate, a young Romney grandson tot was shaking Obama's hand. He wouldn't let go as he bitched at POTUS about the $16T he and his young peers will spend their lives repaying, plus interest....
BTW, InTrade didn't see Paul Ryan pick.
i love how Buisiness insider and others are trying to use Intrade as an accurate measurement of voting intention... morons
Can someone tell me the actual $s at risk? How much was bet today in $'s?
I think betfair > intrade when it comes to this sort of thing.
At least on betfair, you're probably betting against another human.
Pinnaclesports.com allows 13k max bets, with rebets allowed. They have Obama at 65.8%.
personally, I would rather "follow the money" than trust the polls. But then again, does it really matter? I'm hoping for Obama to win for pure entertainment purposes only
Chaos is one of my last sources of pleasure -- it's something like schadenfreude, but not exactly. I like bad weather, too.
I just want Obama to win purely for the fact that he won't be up for re-election, so he'll care less about the markets (a la Dubya in his last term), and let it all crash again. Would be entertaining, and maybe, just maybe, the masses will wake up and realize it's time to take to the streets chanting "Liberté, Égalité, Fraternité"
I sense the cold hard breath of Waddell & Reed
In 2008, on the morning of the election, Intrade’s map of the vote in the Electoral College was correct in 48 out of 50 states. The two that it was wrong about offset each other. The map was accurate within one electoral vote. No poll was anywhere near this accurate.
Read more: http://teapartyeconomist.com/2012/10/22/intrades-electoral-college-map-obama-277-romney-261/#ixzz2A8UOplCg
Please tell me the markets arent reacting to puppet's popularity. I thought the big guys funded both sides taking the "puppet factor" out of the equation?
Very astute observation there obama's been good for the tbtf banks and the markets the NY Slimes, CNBC and Forbes have gone out of their way to point that out. And there is also the PPT which really should be called the Presidential PROTECTION Team instead of the Plunge Protection Team.
Memo To Investors: Bernanke And Obama Are Your Business Partners
http://www.forbes.com/sites/jerrybowyer/2012/10/10/memo-to-investors-bernanke-and-obama-are-your-business-partners/
Wall St. May Not Cheer, but Obama’s Been Good for Stocks
http://www.nytimes.com/2012/10/21/your-money/wall-st-may-not-cheer-but-obamas-been-good-for-stocks.html?_r=0
This election sure is a nail biter....America is on the edge of it's seat with great anticipation as we wait to see who will be the next great leader of the free world!
I think I twisted something typing thats BS
The spin from both sides can easily give you whiplash...In general, nothing the two candidates say can be accomplished without congressional approval. So in general (like most elections anymore) its a popularity contest however,...If you want Romney, vote for a republican Congressman and Senator...If you want Obama, vote for a Democrat for congress and the Senate. If you want nothing to happen except for political rhetoric and in fighting, split your vote between the two parties...
IMHO it doesn't matter...The U.S. is well beyond salvation. The debt can never be paid, the budget can never be balanced, and the Fed will never be able to stop printing...It is political suicide if a candidate or a party attempts to tackle any real problems that face this nation...They will just kick the can down the road until the road comes to a dead end...and then echoing from the hall of congress you will hear: http://www.hark.com/clips/nnhjwlcxvb-thats-all-folks
That's so cute--you actually think some sort of voting strategy even matters!
My point is that it does not matter..Obama doesn't have a plan (because nothing will work without painful unintended consequences) and Romney, doesn't have a clue...(because he believes he can make it work without painful unintended consequences) and political parties prefer the status quo so they don't have to get booted out by painful cuts in spending..
What is it..mandatory spending is 2.1 trillion and total receipts are 2.2 trillion? How can you balance a budget? only 100% in discretionary spending can balance the budget.
16 trillion and growing national debt...how the hell can that ever be paid? its easy actually...cut 100% in discretionary spending and reduce the benefits of mandatory spending..your savings get applied to the national debt...
Central bank printing...how are they going to stop that without a full blown depression? The central bank is going to inflate our way out of debt and kill the dollar along the way...
The reality is, there is no political will to do anything...
http://www.youtube.com/watch?v=ExH7h9Lk5HY&feature=related
weren't the banks warning about the fiscal cliff? maybe this is their shot across the bow
maybe Trumps Obama surprise leaked early. lol
I think Trump is Obama's manchurian. Anytime he opens his mouth, stupid comes out. It's always good for Obama.
Trump represents the worst of humanity = greed, inflated ego, and an unethical dickhead.
If the trumpster thinks Romney will be good for real esate.... he best look at Greece and Romney will take the US on an austerity ride.... down the tubes EXCEPT for the eliteist few groups that will benefit (Military Industrial Complex being one of the big winners).
Romney win = Austerity and a plunging market (excet for the hugh-speed trading shroting the markets). Along with an outright depression.
InTrade is itself a sypmtom of the disease that has taken hold of the system. Can't actually make anything, then bet on bullshit, any bullshit.
We are witnessing the CRASH of 2012 in its infancy. I am XtraBullish on the VIX Nov 20 calls from $1.15. The "roll" is now complete - S&P 1370 is a done deal.
Need the PM's to decouple now - unlikely but might be nice.
PR discovers another avenue of manipulation. Eventually there will be no public discourse that is not massaged. We will have no idea of the value of anything because there will be no free markets anywhere that memengineering can take place.
Only in the privacy of your home will your opinions be heard without spin.
Cue the ultra-sound-recording drones...
Eventually?
You are a bit late to the party, methinks.
pinnacle>intrade
Pinnacle is illeagle for US citizens, try UK bookmakers
US Residents, not US Citizens.
SP500 impending sell off...
Despite recurring short squeezes, SPX etc daily charts continue to break down.
DOW 8 hour chart shows possible H+S (bearish pattern)
http://trader618.com
http://www.zerohedge.com/news/2012-12-24/market-analysis
Every HS in the last three years has been followed with a significant up move ... beware
If the people of this country really are this wishy-washy over these two lame-assed candidates, then the US deserves to crash and burn hard. Honestly, anyone who views either of these two salesmen as the savior of this country is a complete and utter moron.
There's no going back from here. There's no new morning in America no matter how much the Rethugs want a Reagan style renaissance. There's no chance of an oil-independent US, operating at the 1980 - 2000 consumption levels based on Bakken oil sands/shales/hopes/ dreams/snake oil elixer marketing scams. Face it, Mittney has been a predatory parasite who will view the government as his latest takeover to be milked and the peons screwed over by the new plantation owner.
Dems are in for a rude awakening too as they see that another Obummer term still won't give them what they wanted from his 1st term. Sure he had the whole "I can't do it because the Rethugs will stop me" excuse his 1st term, but he will come up with another excuse to screw the Dems over royal while paying off his wealthy and powerful buddies. Obama's campaign theme song should be Nowhere Man.
Our One Party system, along with the parasitic Colonial Crony Capitalist racket that has kept it in power for so long has run its course, the sheople just don't realize it yet. The next Prez will likely have the honor of driving the short bus off the cliff. Here's a song to sum it up: Taking Retards to the Zoo - Dead Milkmen
YouTube - Dr Obama declares a major outbreak of 'Romnesia' on Debate set in Florida
"Our One Party system, along with the parasitic Colonial Crony Capitalist racket that has kept it in power for so long has run its course, the sheople just don't realize it yet."
Hint: if the people don't realize it, they won't bother to replace it. The can stopped being kicked back in 2000-2001 with the dot.bomb boom.
Instead, those in power are holding up a picture of a can, moving it along the ground in full 1080p high def blu-ray, and hiring Morgan Freeman to narrate the efforts to keep it moving. They simply grabbed on to the picture with both hands in 2008. This way they have more control over simulating the can's bounces.
Never under-estimate the power of self-delusion, both in the masses or their leaders.
People want things to stay the same.