Wednesday, October 8, 2008

Second Presidential Debate

Who "won" the second 2008 Presidential debate? Well, it depends when you asked the question...

If you look at the Presidential Futures Market trading during the debate through the 24 hours afterward, you can see four different answers...

During the first part of the debate, the candidates were essentially tied (in terms of change). When the debate moved into the foreign policy section, McCain's numbers spiked rapidly as Obama's numbers tanked.  However, the more McCain and Obama delved into specfics of foreign policy issues, McCain's numbers tanked as fast as they previously rose, as Obama's numbers rose rapidly.

By the time the debate was over, trading for each candidate moved back to the pre-debate trading levels. However, after stable overnight trading levels, Obama's trading levels have risen approximately eight percent throughout today, as McCain's levels have fallen almost twenty percent over the same time period.

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