Land-Ocean year-to-date temperatures 0.35 Celsius over baseline

according to GISS. Assuming the Intrade “Top 5″ global warming contract expires according to the Land Ocean Index, May – Dec 2008 temperatures will need to average 0.65 Celsius over baseline. The record was set back in 2005, 0.62 Celsius over baseline.

Intrade needs to specify the expiry conditions more precisely.

Still, I’m remain short the contract:

Cross-posted from Caveat Bettor.

About Caveat Bettor

Prediction Market Trader (and a Proprietary Trader and Risk Manager, working for a few investment banks for more than 20 years) - North America
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