Currently, InTrade has the chances of McCain winning at 38.8%, and Obama at 61.0%. The way the system works is that currently you can buy a share of Obama's stock at $61, and if he wins you'll get back $100, but if he loses you get back nothing.
Is Obama's current lead a good thing for the tech sector? Sonia Arrison believes that it is not, and that McCain's proposals would be better for the technology industry. But isn't Obama a big aficionado of text messaging? How could his policies not be pro-tech?
In her article, she cites a few major issues, including Obama's proposals for increased capital gains tax, his relative reluctance to increase the number of H1-B visas, and his desire for more regulation on how companies manage their pipes. Time and time again it seems that McCain's policies are more in line with what the market is looking for.
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