Tuesday, January 12, 2010

Masschusetts Election: Forget the Polls and Bloggers, Go Straight to the Smart Money

IF YOU WANT TO KEEP expectations realistic about next week's election in Massachusetts between Scott Brown and Martha Coakley then forget Drudge, bloggers, polls and pundits. Cut to the chase and go straight to INTRADE, The Prediction Markets on my sidebar, and see what the smart money, which has nothing at stake, no political axes to grind, really thinks. Here traders vote with their cold hard cash.

Then keep your eye on it and how and if it changes.

Right now, no matter how well Brown looks to be doing on the conservative side of the Internet, he 's still far behind Coakley. Sure he's come up a bit over the last day, since his campaign is a million dollars richer and he's in the national spotlight. However, he's still a dark horse candidate in the eyes of traders. Sue dark horses can come from behind and win and even win BIG. Still odds are clearly on the side of the Democratic candidate by 4 to 1. But this fact isn't keeping a whole world of expectations from riding on Brown's shoulders right now.

So stay tuned. I've sent Brown money and I hope you have too. Whether he wins or loses, whatever the traders are saying, I consider it money well spent.

INTRADE

2 comments:

  1. My donation has been sent, been pounding the roledex for more and one of my partners is on the ground pounding the media in Massachusett(e)s. It's good to be back in the trenches.

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  2. Yes indeed. While I do think it will take a miracle for Brown to be elected, I'm a great believer in miracles. Whatever happens, things are looking up for conservatives and free market, free speech, rights-with-responsibilities Americans.

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