Powder Blue Report

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Friday, July 30, 2004

Bush Futures Are Up Today!

It looks like a classic buy the rumor, sell the fact day as we say in stockbroker lingo. The trading today over at Intrade's Presidential Futures is up for Bush. With markets, everything is factored into the equation. It seems that people are realizing that now that the DNC convention is over, Bush is looking better and better. This week was a high water mark for Kerry. It's all downhill from here I'm glad to say for John Kerry. He may even get a small bounce from the convention, but it still doesn't change the fact that people who are wagering real money are still betting on Bush.


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