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GOP nomination trends look horrible for Fred Thompson

Fred Thompson’s stock has tanked on the InTrade prediction market, where traders put real money on predictions of future events. Rudy Giuliani, Mitt Romney, and to a lesser extent Mike Huckabee have taken away Fred’s supporters in the last sixty days. The picture painted by public opinion polls doesn’t look this dire yet, but the trends are heading downward for Fred (especially in do-or-die South Carolina).
Click on any image below for InTrade’s estimation of a nominee’s chances to win the GOP nomination:
Being something of a FredHead, I’m disappointed. But neither am I surprised.