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Tradesports is a Web site where you can buy futures contracts on real world events. As you may have heard, there are several unconfirmed reports that Mr. Zarqawi just got his ass blown up.

Here’s how the contract for "captured or neutralized by December 31” has been trading.

Something’s definitely up. I’m rooting for neutralized.

What I find fascinating is that even when we don’t have a lot of hard news, the market is an excellent mechanism for analyzing and prioritizing information very quickly.

Update: It looks like it's not true.

Posted by edelfenbein at November 20, 2005 5:39 PM