« September 7, 2008 - September 13, 2008 | Home

Week of October 26, 2008 - November 1, 2008

Interesting McCain "bump" on Intrade


Watching the Intrade graph has been one of my favorite pastimes in this election cycle.  I especially love the way the Obama/McCain graphs bounced apart on Sept 16th or 17th and have not been close since!   It is much easier on my nerves than watching the daily polls. 

So I looked a little closer when I noticed that McCain got a bit of a boost in the last couple of days, going from ~12 to ~15. Not a huge change, but could this be a sign of the dreaded "tightening"?

Looking at the trading numbers I suspect it is more a case of a McCain supporter (or supporters) pouring in a bit of money to help advance the McSurge narrative.

Hint: Once you get to the Intrade site, click on 2008.PRES.McCAIN.  Then click on "Advanced Graphing" and choose a "Custom" Time Period, 60 days.  The green bars on the bottom are the volume indicators.  Something has definitely happened in the last couple of days.  The volume bars for 2008.PRES.OBAMA do not show a corresponding leap in volume, which tends to make me think that this purely a long play on McCain. 

I am far from an Intrade expert, I would welcome comments for anyone with more insight into this market move.

 

Did Exxon-Mobile just endorse Obama?


Yes, I know that Exxon-Mobile will never "endorse" Obama, but the timeliness of the reports of  record profits for oil companies is uncanny.  That it dovetails so nicely with Obama's campaign message must be more that mere coincidence.
« September 7, 2008 - September 13, 2008 | Home

BillBela

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  • Location Beaverton, Oregon
  • Party Democratic
  • Politics I am a bleeding-heart pinko-commie in-the-tank liberal progressive arugula-eating chardonnay-sipping latte-drinking elite educated thoughtful knee-jerk navel-gazing smarty-pants know-it-all condescending bitter angry clinging uppity organic tree-hugging granola-crunching godless effete-snob tax-and-spend family-man union-supporting flag-waving gun-owning constitution-defending West-coast secular-humanist ACLU-card-carrying free-press-loving human-rights-defending anti-facist anti-totaltarian DEMOCRAT! (Yes, I voted for McGovern.)

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Montana farmboy, college dropout(Montana State), hod-carrier, ski-bum, line-cook, home-builder, brick-layer, husband, back-to-college(MSU), father, BSCS-MSU, computer programmer, back-to-college (Utah), father again, MSCS-Utah, software engineer.

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