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Sold McCain & shorted Obama

January 3, 2008

I sold one contract of REP.NH.MCCAIN and shorted 3 more contracts of DEM.IOWA.OBAMA leaving me with $0.67. I would advise people to be a little wary of one’s liquid cash on Intrade since they have a funny way of calculating margin – as I found out when I closed a position only to see my free cash go down.

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