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TODAY'S REAL CRASH: BARACK OBAMA IS CRASHING ON INTRADE
Business Insider ^ | 10/23/2012 | Joe Weisenthal

Posted on 10/23/2012 7:51:00 AM PDT by SeekAndFind

Along with the market being down... Obama down to 57!!


(Excerpt) Read more at businessinsider.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events; Politics/Elections
KEYWORDS: 2012debates; 2012polls; bho44; intrade; obama

1 posted on 10/23/2012 7:51:03 AM PDT by SeekAndFind
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To: SeekAndFind

Obama down to 57? Hey - That’s how many states we have!


2 posted on 10/23/2012 7:54:56 AM PDT by MichaelCorleone ('We the People' can and will take this country back...starting today.)
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To: SeekAndFind

I wouldn’t exactly call that a “crash,” but it’s good seeing some reality injected into Intrade.


3 posted on 10/23/2012 7:55:35 AM PDT by ScottinVA (Record high turnout is our hope for sending 0bama home. Pray hard!!!)
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To: MichaelCorleone

Soon to be 47? ;^)


4 posted on 10/23/2012 7:55:42 AM PDT by kimchi lover (Obyebye 2012)
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To: MichaelCorleone

Down goes the socialist dictator Obama: so Freedom is saved!


5 posted on 10/23/2012 7:55:53 AM PDT by Democrat_media (limit government to 5000 words of laws. how to limit gov Quantify limited government ...)
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To: SeekAndFind

losing Virgina in a debate will do that


6 posted on 10/23/2012 7:56:55 AM PDT by italianquaker (The 47 pct need to pay their fair share)
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To: MichaelCorleone
And it'll take just as many to cheat his way to reelection.

The UN monitor for Republican suppression vote is just that all shows.

It is WHEN the counting is done that the dirty business starts/already in place.

7 posted on 10/23/2012 7:58:01 AM PDT by Sir Napsalot (Pravda + Useful Idiots = CCCP; JournOList + Useful Idiots = DopeyChangey!)
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To: italianquaker

RE: losing Virgina in a debate will do that

Yep, the idiot all but insulted the Naval Building business by downplaying the need for a strong Navy.


8 posted on 10/23/2012 7:58:29 AM PDT by SeekAndFind
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To: SeekAndFind; All

that’s funny...i forced myself to watch CNN after the debate last night and that POS van jones made the claim obozo was up to 81 on intatrade during the debate- even the other panelists laughed at him....as if we didn’t know it already, just further proof what a lying sack of crap that moron is...


9 posted on 10/23/2012 7:58:32 AM PDT by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: SeekAndFind
I was really tempted to buy when Obama was near 70, now it's too late.
10 posted on 10/23/2012 7:58:42 AM PDT by oldbrowser (An empty chair attracts a stadium full of empty chairs.)
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To: SeekAndFind

But the media and liberals are saying Obama won the debate > LOL , ha ha ha ha


11 posted on 10/23/2012 7:59:07 AM PDT by Democrat_media (limit government to 5000 words of laws. how to limit gov Quantify limited government ...)
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To: oldbrowser

You mean “sell”, right?


12 posted on 10/23/2012 8:00:57 AM PDT by kevkrom (If a wise man has an argument with a foolish man, the fool only rages or laughs...)
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To: SeekAndFind
There was a big trade this morning for Romney (400+ lots) at 48.5! He's trading right now at 41.5 on light volume.
13 posted on 10/23/2012 8:01:07 AM PDT by RoosterRedux (Obama: "If you've got a business -- you didn't build that. Somebody else made that happen.")
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To: oldbrowser

Since it is online gambling, I believe it is difficult-to-impossible for US citizens to participate. I have read that there are a lot of forms to be filled out and hoops to jump thru for us.

Can someone who know more tell us about it?


14 posted on 10/23/2012 8:01:54 AM PDT by reformedliberal
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To: kimchi lover

I really wouldn’t be that surprised if the final outcome of the election gives Barry 47%.
It would be a Providential affirmation of Mitt’s statement that those who don’t have skin in the game are apt to vote for more stuff from those who do.


15 posted on 10/23/2012 8:04:12 AM PDT by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: God luvs America
just further proof what a lying sack of crap that moron is...

Did you Van Jones or Obozo, or possibly both?

16 posted on 10/23/2012 8:05:00 AM PDT by verga (Forced to remove tag line by administrator)
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To: God luvs America

That’s funny.

What is sad is that any media outlet would have Van Jones on as a authority about anything.


17 posted on 10/23/2012 8:05:43 AM PDT by listenhillary (Courts, law enforcement, roads and national defense should be the extent of government)
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To: kevkrom
You mean “sell”, right?

I am not sure exactly how it works. I was thinking you buy Romney at 30 and collect 100 if he wins.

18 posted on 10/23/2012 8:09:04 AM PDT by oldbrowser (An empty chair attracts a stadium full of empty chairs.)
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To: SeekAndFind
I've been waiting a looooong time for OBastard to go bellow 50% on Intrade. He got close to doing this on the eve of the Obamacare decision, but then in typical Obama fashion he got a lucky break from an unexpected element (John Roberts) coming to rescue him. If the jerk drops bellow 50% drinks on me!


19 posted on 10/23/2012 8:10:38 AM PDT by erod (BIB BIRD YOU MAGNIFICENT BASTARD!!!)
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To: listenhillary

i agree....it was apparent all the other panelists, from Gergen to King and everyone else, realized what a complete amateur and moron this dope is...i never watched him in the past but forced myself to watch CNN last night and was glad i did as it shows the element of people obama uses as consultants...


20 posted on 10/23/2012 8:11:42 AM PDT by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: oldbrowser

Yeah, that’s right... the original statement was ambiguous enough that I thought you meant “buy Obama” when you really meant “buy Romney” (alternatively, “short/sell Obama” works as well).


21 posted on 10/23/2012 8:14:21 AM PDT by kevkrom (If a wise man has an argument with a foolish man, the fool only rages or laughs...)
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To: erod; oldbrowser

I agree with this message posted at BI by a poster named JoeJitsu.

Intrade is really given too much importance in terms of its predictive powers by pundits out there (Even Dick Morris fell into its spell in the past).

Intrade has a bad habit of fooling around early in the game and then totally changing its electronic mind later.

I remember when the bet was totally insane FOR Obamacare being overturned and then at the last minute crashing against it.

In 2004, In election Night, as parts of Florida came out with exit polls showing John Kerry winning, Kerry’s stock went up HUGE, only to see his stock crashing down a few hours later as the returns of Ohio came in.

George Soros in fact is known to put huge bets on Intrade to “spike” it in favor of his candidates only to dump it at the most opportune time.

Folks, this site is not a PREDICTOR of what happens, IT ONLY FOLLOWS WHAT IT SEES ( as Market bettors often do ).


22 posted on 10/23/2012 8:27:34 AM PDT by SeekAndFind
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To: erod

check spelling in your tagline?


23 posted on 10/23/2012 8:42:36 AM PDT by Mountain Mary (Pray for our Republic...)
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To: Mountain Mary

No but I should, I will admit, sometimes when I get on FR I let the grammar slide, it’s a bad habit.


24 posted on 10/23/2012 8:45:35 AM PDT by erod
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To: SeekAndFind

Intrade is so absurd. They should have had Obama down into the 40s already.


25 posted on 10/23/2012 8:53:08 AM PDT by WashingtonSource
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To: SeekAndFind

Newport News is going to swamp Obama.


26 posted on 10/23/2012 9:15:16 AM PDT by CPT Clay (Follow me on Twitter @Clay N TX)
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To: SeekAndFind

Intrade is moving as I type this.

The President is now below 53%, and still dropping.

It’s either whoever was floating him at 60 decided to put on a stop-loss, or someone in the Romney camp decided to make a few extra dollars today.

It could be timed with the end of the debates, but I also note that CO, VA, FL, and NC favor Romney on Intrade. More states will shift soon as arbitrage sets in.


27 posted on 10/23/2012 7:14:03 PM PDT by GEC (We're not drilling in ANWR because....)
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To: GEC

Someone just stepped back into the market for the President.

I love watching arbitrage in real time.

Someone is making a fair amount of money today, but the current value of the Obama side of this bet is less than $6 mil. Soros can afford that.

Of course, if you look at Ohio...


28 posted on 10/23/2012 7:36:29 PM PDT by GEC (We're not drilling in ANWR because....)
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