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Old 10-24-2012, 09:40 AM   #58
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http://marginalrevolution.com/margin...tion-fail.html

Quote:
As economist Justin Wolfers pointed out on Twitter, the huge swing toward Romney appears to have been driven by a single trader who spent about $17,800 buying up Romney shares and pushing the Republican candidate’s chances on Intrade up to 48 percent. But the surge only lasted a few minutes before other traders whittled the price back down to what they saw as a more accurate valuation. Romney’s odds of winning are currently back at around 41 percent.
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