More confusion at the Iowa Electronic Market?

Share prices this morning at the Iowa electronic market are confusing. The average price for “recall vote share yes” is $.475 and “recall vote share no” is $.490. Sounds simple enough – very close, but Davis survives the recall. But look: “Gray Davis in” is $.40 while “Gray Davis out” is $.632?? Very confident now that Davis will get the boot. Why the radical disconnect between the two markets? Once again, if you have insights, please feel free to mail them in.


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