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BUSH FUTURES BEING MANIPULATED
http://www.poorandstupid.com ^ | 10/16/04 | Donald L. Luskin

Posted on 10/16/2004 7:03:23 PM PDT by BCrago66

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I know Freepers have already observed TradeSports Bush Futures manipulation - and I thought some would like to see an analysis by an economist.
1 posted on 10/16/2004 7:03:23 PM PDT by BCrago66
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To: BCrago66

This guy might have a point if more than 0.25% of the voting population actually followed TradeSports.


2 posted on 10/16/2004 7:06:08 PM PDT by mcg1969
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To: BCrago66

While the polls show momentum on Bush's side, Tradesports.com has him steadily declining? I don't think real investors are causing this.


3 posted on 10/16/2004 7:06:10 PM PDT by Mr. Bill E
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To: Mr. Bill E

so you know how they will distort this .. so make some money on them...... really .... is easy to do.... is fun to screw them with their own money.....


4 posted on 10/16/2004 7:07:25 PM PDT by Gibtx (Pajamahadien call to arms.....)
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To: mcg1969
This guy might have a point if more than 0.25% of the voting population actually followed TradeSports.

Very true. Though it is interesting that there's somebody out there stupid enough to throw away money just to influence some obscure online betting site.

5 posted on 10/16/2004 7:08:40 PM PDT by Numbers Guy
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To: BCrago66

The problem is this: Such speculation does nothing to change the actual outcome.

So while it is good to know the speculators are doing this, there is no sense in wasting money defeating it... if it is 'underpriced' buy it and make some money off Soros or whomever is doing this.

Anyway Ladbrookes of London has Bush at about 64% chance for victory FYI.


6 posted on 10/16/2004 7:08:42 PM PDT by WOSG (George W Bush / Dick Cheney - Right for our Times!)
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To: BCrago66

The Iowa market only allows $500 accounts so this would be much harder to do there.


7 posted on 10/16/2004 7:10:33 PM PDT by Honestfreedom
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To: mcg1969

Larry Kudlow and others have been commenting on the Iowa markets and the Tradesports. It is increasing in following. I am not sure what Soros would achieve. Does he think this demoralizes Bush's followers?


8 posted on 10/16/2004 7:11:40 PM PDT by Honestfreedom
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To: mcg1969

IEM, Tradesports, and other markets are more reliable than polls. So they are an attractive target for manipulation.


9 posted on 10/16/2004 7:12:15 PM PDT by eno_ (Freedom Lite, it's almost worth defending.)
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To: BCrago66

Pray that God will take Soros out before Soros does damage to our economy. The man's hatred of Bush is unbelievable!


10 posted on 10/16/2004 7:12:33 PM PDT by AReaganGirl (President Reagan gave us back our confidence. Now, let's help Bush to carry on Reagan legacy!)
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To: BCrago66
So SOROS first "X'd over" the UK and now is doing the same to the US, or trying. In essence he is a terrorist; so terrorist and being a mean spirited SOB is synonymous with Democrat!

The mob would deal with this in a simple manner. No not whack him, but destroy his wealth. Hope some of those Republicans do a back room think tank on Soros wealth.

11 posted on 10/16/2004 7:15:14 PM PDT by Henchman (Kerry: No guts, No Glory, No way!)
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To: BCrago66

I think it's actually fairly likely.

Not many people watch Tradesport directly, but commentators like Kudlow report these figures as part of their Bush-bashing. And web sites like FR also regularly report on these sorts of things. So there's a multiplier effect, and word quickly gets out--especially of the Mass Media wants the word to get out.

We can assume that Soros is coordinating his various attacks with the usual suspects at the DNC and in the editorial rooms of the major news organizations.


12 posted on 10/16/2004 7:15:46 PM PDT by Cicero (Marcus Tullius)
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To: All

Best everyone be aware that futures markets are not a great deal different from the world of parimutuel betting.

And only 30% of all horse race favorites win.


13 posted on 10/16/2004 7:15:55 PM PDT by Owen
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To: BCrago66

the same thing is happening with oil futures. wish some folks could finger Soros on oil and link him to RATS.


14 posted on 10/16/2004 7:16:38 PM PDT by q_an_a
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To: BCrago66

Maybe Soros will die soon.


15 posted on 10/16/2004 7:17:03 PM PDT by jackbill
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To: BCrago66
Go with your intuition: Soros

He thinks everyone but him are stupid.

16 posted on 10/16/2004 7:17:15 PM PDT by Arizona Carolyn
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To: BCrago66
This entire election is about manipulation of emotions. The medias complicity in promoting Kerry's phony image, the incessant broadcast of the negative of side of any issue, Kerry's constant droning as if he's in a combination of the Depression and Viet Nam eras and now this.

John Kerry could never have navigated the Wall Street mess, recession, September 11, Iraq, Iran and North Korea...but seldom is any credit given to the President. Instead we are told to judge a debate between a proven leader and a phony war hero with a blank Senatorial resume, by the faces they make or if they interrupted a moderator.
17 posted on 10/16/2004 7:19:28 PM PDT by Dolphy (It's not a plan, it's an echo)
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To: BCrago66

Well, I guess it could be worth chump change to make sure the odds didn't get too favorable for Bush and become an item.


18 posted on 10/16/2004 7:20:24 PM PDT by mrsmith ("Oyez, oyez! All rise for the Honorable Chief Justice... Hillary Rodham Clinton ")
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To: Arizona Carolyn

Soros made most of his mony as a currency thief. His record as a passive investor is horrible!


19 posted on 10/16/2004 7:21:39 PM PDT by international american (Support our troops!! Send Kerry back to Bedlam,Massachusetts!!)
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To: Cicero

Kudlow has been a consistently supportive of President Bush. You are misinformed.


20 posted on 10/16/2004 7:28:03 PM PDT by BCrago66
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