If that is how you feel, a good time to lay down the bet would be right after Romney picks his VP, i remember last election when McCain picked Palin, it was good for about a 10 pointt jump on intrade right off the bat, and it slowly tapered off once Palin started talking. The exact same thing happened with Obama, when he picked Biden as his VP it was good for a 10 point jump which slowly tapered off after words. Intrade has a tendency to react violently to minor news, and then revert, i think it is because of the way the news cycle works where every single channel covers the same story, and things end up getting over hyped.
I think you could easily get Obama back at 50, which would make it a hundred percent return if you just hold off until the VP is picked. Plus that way you eliminate all the unknown variables, and you dont have to hold the position as long. Also you might not get 50 again, but I GUARANTEE you that after the VP is picked you will easily get 60 again. There is no point in throwing the trade on right now.
I think you could easily get Obama back at 50, which would make it a hundred percent return if you just hold off until the VP is picked. Plus that way you eliminate all the unknown variables, and you dont have to hold the position as long. Also you might not get 50 again, but I GUARANTEE you that after the VP is picked you will easily get 60 again. There is no point in throwing the trade on right now.
Quote from Ghost of Cutten:
Bet on Obama to win re-election. It's simple - Santorum is totally unelectable; and Romney is so weak and lacking the popular touch that he is getting owned by a guy whose name has been successfully turned into slang for the frothy mix of lube & fecal matter resulting from anal sex.
This is the easiet can't lose bet I have ever seen in my life.