At best Fred Thompson can hope to finish third, but it is more likely than not that he will finish fourth behind McCain, Huckabee, and Romney. The fact he will likely finish behind Romney is nothing short of embarassing. To avoid the embarassment of losing every state except his own Tennessee on Super Tuesday, he will drop out, and probably endorse John McCain, depending on the showing of the various candidates. It's possible if McCain finishes behind Huckabee that Thompson won't endorse anybody if McCain looks weak.
Giuliani similarly looks like he's in big trouble in Florida and his big state strategy has failed with McCain leading him in New Jersey now and a distant fourth place in California. He may stay in to win New York, but that will be all he gets, if he gets that. I wonder if he will drop out and endorse. More likely than not I could see him endorsing McCain.
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