Stock trading, cliff diving

InTrade, the investment speculation site where you can trade "stock" in events like political futures, published the following graph which tracks the market for the Republican nomination.

The curves show the narrative arc of the nominating process thus far:

The meteoric rise of John MCain's chances are striking, sure, but that's not surprising given the short-term spike of his recent Florida win. By far the most impressive part of the graph to me is the Rudy Giuliani line, which starts when he was the national front-runner and then heads for sea level like an Osprey chasing the world's last anchovy.

D.C., we have splashdown.

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