Friday, October 31, 2008

One Day Zogby Poll Shows McCain Lead, Four Days Before the Election

Normally I wouldn't even consider a Zogby poll. During the last Presidential election they were so inaccurate that many poll aggregation sites dropped them for obvious bias. Perhaps trying to grab headlines again, Zobgy announced the results of one day poll, showing a 48-47 statistical tie.

If they were going for attention it worked. Zogby's site is giving "Service Unavailable" at the moment. Whether they were shut down by heavy traffic or angry Obamacons is impossible to say. The Drudge Report goes the subtle route with a nice headline in 36 pt font. Since you can't link to a specific Drudge headline, here's a screen capture.

Everyone is buzzing about the result but I don't think you should read to much into it. The biased polling says Obama has this locked up. Adjusted polls show and candidate behavior show it to be a very close race. On Tuesday we will know.

Personally, I believe new like this is better for McCain than some random poll result.
U.S. stocks rose, capping the biggest weekly gain since 1974, after JPMorgan Chase & Co. took steps to end the housing crisis, bank lending rates declined and earnings from companies outside the financial industry expanded four times faster than the previous quarter.

JPMorgan added 9.7 percent after saying it will modify terms on $110 billion of mortgages and delay foreclosures. Morgan Stanley climbed 8.6 percent after the cost of borrowing dollars for three months fell. Wynn Resorts Ltd., the biggest U.S. casino company, soared 30 percent after increased gambling in Macau boosted profit.
And I don't just say that because I happen to own some JPMorgan stock...

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