Polls That Don't Matter
This Quinnipiac University (link goes to The Washington Post "National Thermometer" poll got some ink today. It showed that Rudy Guiliani was leading for "feel" with the respondents. How does this translate into electibilty? Well according to the market it doesn't, the Guiliani contract traded down slightly to 12.1 on the bid. Allen, who is trading second behind McCain didn't even register. Barak Obama is right behind Guiliani's Qunnipiac numbers, but his contact is trading at .7 down .2 for the day.
It seemed to be the equivalent of a Top Ten Song list, a meaningless conversation piece. If the market doesn't care, then neither should we. The only interesting thing about the piece was this quote, "Giuliani's first marriage was annulled after 14 years when, he says, he discovered he was married to his second cousin." Whoops!

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