Okay, we got our butts kicked...

...last week. No question. But, after four days, Intrade still has President Obama's chances of getting reelected at over 60 percent, compared to under 40 percent for Mitt Romney. (And during this recent primary season, Intrade was way ahead of the polls.) So what gives?

And, what's more, the president is leading in seven of the nine battleground states: Colorado, Iowa, Nevada, New Hampshire, Virginia, Wisconsin, and the all-important (for a Republican) Ohio. The former governor of Massachusetts is only leading in North Carolina. (Florida is currently tied.)

So, even though Andrew Sullivan is practically ready to jump off a bridge, I just don't see any reason to panic (just yet).  There are two more debates (three if you count this Thursday's between Joe Biden and Paul Ryan), and so I'm beginning to wonder: Has everyone already made up his or her mind?