Tue, 02 Nov 2004

Tradesports down ... and up

Following the election polls and bets had become a recurrent habit over the last few weeks. Below is the current intraday chart from Tradesports / InTrade taken a few minutes ago during this election night, courtesy of the Bloomberg terminal and using symbol 'IPREBUSH INDEX'.

Bloomberg chart of Bush contract, with service breakdown

It shows the wild swing in the traded price of the 'Bush elected' contract over this afternoon and evening ... up to the point when all prices went to 1.0, and back up just moments ago. Was that a denial of service attack? Server overload? Operator error?

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