24 Oct Prediction Markets on GOP Control of Congress
24.10.06
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Here is the latest from InTrade on the likely continued GOP control of the Senate and House. Both graphs (click to enlarge) reflect the buy/sell price from 10/05/05 to 10/24/06 for continued GOP control following the mid-term elections. The money appears to favor continued Republican control of the Senate, but strongly favor Democratic control of the House.
GOP to retain the house @ 31% may offer value.
Perhaps it is “ovesold” as the wall street guys who trade on the intrade prediction market would say