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Politics : Formerly About Advanced Micro Devices

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To: beach_bum who wrote (206433)10/14/2004 6:39:12 PM
From: tejek   of 1576149
 
Bush's Online-Futures Lead Narrows After Last Debate


Oct. 14 (Bloomberg) -- President George W. Bush's lead over Democratic challenger John Kerry narrowed in Internet futures trading following the third and final presidential debate.

Bush led the four-term Massachusetts senator by 9.5 percentage points on Intrade, a Dublin-based electronic wagering market, as of 5:20 p.m. New York time. Bush led by 16.4 points the day before last night's debate.

``The narrowing spreads are reflecting that Mr. Kerry won,'' said Joseph Quinlan, chief market strategist at Banc of America Capital Management in New York. ``He was forceful, he came across better than the president and, from a Republican standpoint, it is a good thing there are no more debates.''

Bush led Kerry by at least 30 percentage points on Intrade before the first debate on Sept. 30 in Coral Gables, Florida.

continued..............

quote.bloomberg.com
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