Here's another one for our "
Miraculous Fortnight" file. Above is a graphical representation of how Barack Obama has done on the InTrade markets the past three months. You'll want to pay special attention to the end of the graph which represents the last few weeks, or the entire Miraculous Fortnight as it were. You'll note that the end of the graph represents a ski slope. As of this writing, you can pick up a piece of Obama stock for the bargain basement price of 58 whatevers. At its peak just before Obama began his global travels, his stock went for a price of 68 whatevers. The people who know about these things call a 10% decline in stock price a correction. A 20% drop from peak price is considered a bear market. While the Obama stock has yet to officially enter bear market status, the time is near. If he keeps hectoring the American people about filling up their tires and provides other indications of how he plans to be the nation's first ever Nag-in-Chief, we could enter an Obama bear market by the end of the week.
Dean Barnett
The Obama Bear Market
intrade.jpg Here's another one for our "Miraculous Fortnight" file. Above is a graphical representation of how Barack Obama has done on the InTrade markets the past three months. You'll want to pay special attention to the end of the graph which represents the last few weeks, or the entire…
Dean Barnett · August 5, 2008
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