Preference Cascade in real time? - Granite Grok

Preference Cascade in real time?

From InTrade:

InTrade is where you can “bet” on events – this is the graph showing the participants guess that Obama will be re-elected.  The uptick corresponds with the Democrat Convention, the downtick corresponds with the first debate with Romney.



Mirror Images? (Blue is Obama, Red is Romney)

Oh, the Preference Cascade definition?  Look here.  THIS chart doesn’t show it “the sudden change” as well as the above one.