Temporary recovery for Labour

Labour has held Glenrothes

Here are my first thoughts:

First, my own view about the level of popular belief in the "Brown as saviour of the capitalist system" narrative was wrong.
There has been a Brown bounce.
Labour very successfully punted a story about being resigned to losing the seat to make the victory seem remarkable.
As the full impact of the economic contraction becomes apparent Labour's recovery will start to falter.
Creating fear is still an effective tactic for Labour.

I'll write more tomorrow. In the meantime keep your spirits up. In this stormy economic climate it seems like anything can happen and the most bizarrely contrarian results can emerge. Like the markets, political parties may find their stock rising one day and crashing the next.