Tuesday, August 7, 2007

Just the Numbers: Week 31

THE NUMBERS

Clinton remains strong. In the parleys, the likelihood of a Clinton-Guiliani match-up picked up about 2 points, perhaps not enough to be outside the bid-ask noise, but worth keeping an eye on.

McCain has had a short rebound / bounce. Thompson appears to have "topped out".

THE STRATEGIES

It's hard to find 'inside' strategies remaining. This suggests that naked bets may be all that is possible from here on out.

It's important to decide how a Thompson campaign will affect Romney's chances. If you believe how Thompson is polling ahead of Romney in the Southern primaries and, perhaps, in some of the key states, like Florida and Michigan, then Thompson is a spoiler for a Romney bid, despite Romney's early strength in Iowa and New Hampshire.

If you believe, as I do, that sufficient Thompson delegates go to Guiliani at convention, then the bet is for Giuliani and against Thompson and Romney.

If you are truly risk-seeking, you bet Giuliani straight up, which is worth a 65% payoff by the time it is over. If you aren't sure, then you bet against Thompson, which is worth only 31%.


Next PresidentPr (%)Chg Wk.bid-ask
CLINTON(H)30.33.82%
GIULIANI2004%
OBAMA19.5-15%
THOMPSON(F)11-3.935%
ROMNEY7-133%
BLOOMBERG4.40.29%
GORE4.30.114%
2007 Week 30: The year is now more than half over; rumors about when Fred Thompson will announce; a daunting 531 days left in the Bush-Cheney Presidency.
GOP NomineePr (%)Chg Wk.bid-ask
GIULIANI35.4-0.42%
THOMPSON(F)31.5-1.21%
ROMNEY18.81.54%
MCCAIN61.25%
PAUL3.20.13%
GINGRICH3.1-0.210%
HUCKABEE0.7-0.1n.m.
DEM NomineePr (%)Chg Wk.bid-ask
CLINTON50.32.31%
OBAMA33.4-2.50%
EDWARDS70.11%
GORE5.41.12%
RICHRDSN2.90.17%
BIDEN1.10.1n.m.
CLARK0.6-0.1n.m.
SenatePr (%)Chg Wk.bid-ask
DEM75.1-0.99%
GOP15-0.167%
Next ExecutivePr (%)Chg Wk.bid-ask
DEM56.4-0.20%
GOP39.50.41%
OTH4.2-0.214%
DEM VP NomineePr (%)Chg Wk.bid-ask
RICHARDSON27011%
OBAMA20.21.718%
WARNER10085%
BAYH9.53.516%
CLARK7.6-0.471%
CLINTON(H)7236%
VILSACK6050%
src: intrade.com; bid-ask are not points, but spread as a percentage of the bid. Polls comparison, via RealClearPolitics.
IMPORTANT DISCLAIMER: this is just an informational note and not a solicitation or recommendation to buy or sell securities and there is no guarantee implied and people can lose all money on all investments. Numbers are believed to be correct, but do your own math and make your own conclusions or consult with an advisor before making any decisions.

DEM CandidatePr (%)Chg Wk.bid-ask
Iowa Caucus
Democratic
CLINTON35029%
OBAMA202050%
EDWARDS23330%
FIELD0.30.2n.m.
GORE50200%
Republican
ROMNEY41122%
GIULIANI15067%
THOMPSON(F)25040%
FIELD60150%
MCCAIN10n.m.
New Hampshire Primary
Democratic
CLINTON60517%
OBAMA20050%
EDWARDS50200%
FIELD0.20.2n.m.
GORE1-4n.m.
Republican
ROMNEY451022%
GIULIANI20-550%
THOMPSON(F)15-567%
FIELD12625%
MCCAIN10n.m.
South Carolina Primary
Democratic
CLINTON502520%
OBAMA313129%
EDWARDS50200%
FIELD00n.m.
GORE00n.m.
Republican
ROMNEY50200%
GIULIANI25540%
THOMPSON(F)55-59%
FIELD00n.m.
MCCAIN0.10n.m.
Florida Primary
Democratic
CLINTON7510%
OBAMA1600%
EDWARDS110%
FIELD000%
GORE000%
Republican
ROMNEY0.100%
GIULIANI50100%
THOMPSON(F)4000%
FIELD500%
MCCAIN0.80.80%
Nevada Primary
Democratic
CLINTON7000%
OBAMA1500%
EDWARDS000%
FIELD000%
GORE0.1-4.90%
Republican
ROMNEY1200%
GIULIANI2000%
THOMPSON(F)5500%
MCCAIN000%

note: some changes are very large due to incomplete bid data from the prior week.

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