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Old October 4th 04, 05:58 PM
Rand Simberg
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On 4 Oct 2004 09:50:46 -0700, in a place far, far away,
made the phosphor on my monitor glow in such a
way as to indicate that:

Truthfully, I have to say that after closely watching the stock market
(and my own investments in it) for decades, I have absolutely no idea
what the market is thinking short term (which explains the "maybe" ).
This is, after all, the same market that thought it was a good idea to
buy stocks when the NASDAQ was at 5000.


Bush is down from his pre-debate highs in the Iowa Electronic Market
(you definitely could have made some good money by buying Kerry last
week), but the traders still think he'll be re-elected by a healthy
margin (58-42)

http://128.255.244.60/graphs/graph_Pres04_WTA.cfm