Powder Blue Report

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Tuesday, June 22, 2004

A Different Way To Look At The Horserace

Being the commodities/futures broker that I am,I believe that psychology is what drives the markets.When people feel strongly about a market,they wager money or trade on that information.There are now exchanges to take action on political races.One such place is called Intrade.
Right now based on current betting and trades,George W Bush has a 58% of pulling out a victory in November.This of course can change,but right now the so called "smart money" is on Bush.


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