In potential defense of the prediction markets, it looks like Hillary and Obama are tied for the number of delegate votes they will take from New Hampshire.
After I get past my field exam tomorrow, I'll try to look more into what question was tied to this contract on Tradesports.com and what the prediction market was saying prior to today. (With all the studying I've been doing and law school starting today, I forgot to check Tradesports yesterday.)
If thought Tradesports got it wrong today, I'd still put far more trust in their predictions than any pundit I know.
More coverage on New Hampshire here.
P.S. -- Some interesting thoughts from Brendan Loy:
Did New Hampshire's independents outsmart themselves, believing that McCain needed them more than Obama did, and thus deciding to vote Republican in greater-than-expected numbers... producing a McCain landslide and a Clinton-Obama squeaker?