Monday, October 6, 2008

Pretty simple



Price of John McCain to win the presidency contract at Intrade (Pink) vs. scaled measure of S&P500 (Blue). S&P dropped 15% in two weeks, but I show it from 50 to 35 instead of 100 to 85, so we can see the two lines together. Nothing McCain has up his sleeve trumps this, I don't think. Democrats could be running a ticket of Louis Farrakhan - OJ Simpson and the personal attacks would not overcome this. Although today we do see the first uptick in McCain after 13 straight down days.

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