Intrade shows Clinton gains

As of late morning, the sometimes-reliable market maker gives Clinton an 84.7 percent chance of winning Ohio tonight and a 46.6 percent chance of taking Texas, though over the last 24 hours she's been gaining on Obama in the Lone Star state. There's nothing magical about these numbers - just folks placing bets based on whatever polling information they can lay their hands on. (Here's an earlier post about the process.) And after Obama whittled down Clinton's lead in both states over the past two weeks, his momentum appears to be slowing. If anything, the Intrade numbers might be underplaying that momentum shift because the market is sometimes slow in reacting to new information.