Now Kerry has dropped below 39.
There's near parity in the movement on the Bush futures (upward about 3 points) and the Kerry future (downwards).
Remember that futures markets are less suceptible to "irrational exhuberance" because for every person that buys a Bush contract at 56, there's got be a person selling one who thinks bush will lose.
I'm trying to figure out what the spike today is from.
In Wall Street, when a company's price moves precipitiously, you often heard it stated: "Somebody knows something."
Perhaps we've got our "surprise" on the way.