13.10.08

McCain-Bailing '08

At the www.intrade.com betting site this morning you could buy 10 contracts on an Obama victory for $77.50 and 10 contracts on a McCain victory for $23.10. If you think McCain will win, you can recoup your stock market losses by selling all your stock today or tomorrow and putting all your money in McCain contracts. If he wins, you quadruple your money in just over 3 weeks. Here are the stock prices since Aug. 1, 2008. Note that the scales are different.

No comments:

Blog Archive

Search This Blog