SMARTCROWD: UPDATE: US Mid Term Elections: The battle for the House [SMARTCROWD INDEX* GOP HOUSE 39.75]

October 03, 2006

UPDATE: US Mid Term Elections: The battle for the House [SMARTCROWD INDEX* GOP HOUSE 39.75]

Earlier today, we said to expect more price movement as the campaigning gets tough. That's exactly what we are now witnessing, with markets reacting quickly and swiftly to rapidly changing sentiment.

The markets covering Control of the House of Representatives today recorded significant fluctuations. The SMARTCROWD Index for a GOP controlled House after November 7th, now stands at just 39.75 (at the time of this entry); a significant drop of 8.10 points, or down almost 17%. This contrasts with a high of 59.02 on September 24th.

The Index for the Democrats regaining control of the House conversely jumped to 60.25, the highest probability yet, signalling the Democrats are now favored across the board in these underlying markets.

Current markets are as follows. Click below for live prices:

Market	Last	Volume
Betfair	45.04	2,093
Tradesports	40.90	49,600
Newsfutures	36.00	3, 016
WSX	36.59	44,435
Totals		97,051

SMARTCROWD Index	39.75	51.as;k

Latest news here <Google Search GOP> <Google Search DEM>. Facts & figures <theGreenPapers> and Yahoo. Views from

the <CenterforPolitics> and from the blogs <Google Blog Search>, and again <Google Blog Search 'buzz'>.

For the original entry on the Mid Term Elections <click here>.

Watch this space!

From the crew at SMARTCROWD

Posted on October 03, 2006 at 09:10 PM in Politics | Permalink

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November 2007