Obama: "I am still fired up"

Barack Obama is currently speaking at his New Hampshire headquarters, echoing John Edwards' call to his supporters to keep the faith as the presidential contest moves to Nevada and South Carolina in the days and weeks ahead.

Obama congratulated Senator Clinton for her victory but noted that his campaign has outperformed expectations. It won in Iowa, destroying the narrative of an inevitable Clinton victory, and it ran close behind Clinton in New Hampshire.

His supporters appear pretty cheery despite the second place finish. They repeatedly chanted "Obama, Obama" and "We want change!" during his speech.

We're due to hear from Hillary herself next.

UPDATE: It took less than a minute for Clinton to make a "comeback" reference in her victory speech.

Meanwhile, the turnout numbers remain a big story. Blue Hampshire has been on top of that angle all day.

UPDATE II: Hillary Clinton's team is really happy, and they ought to be, considering they won New Hampshire after losing momentum in Iowa:

“Now it’s a one-on-one race between Hillary Clinton and Barack Obama,” said Terry McAuliffe, Mrs. Clinton campaign manager. He said that Mr. Obama came out of Iowa with momentum but Mrs. Clinton turned it around with her debate performance Saturday night and what he called a humanizing moment on the campaign trail on Monday.

Mr. Obama conceded the race to Mrs. Clinton, congratulating her on a “hard-fought victory.”

He told cheering supporters in Manchester: “You made it clear in this moment and this election there is something happening in America. We are ready to take this country in a fundamentally new direction.”

This race is far from over, though. Iowa and New Hampshire have contradicted each other. What happens next is anybody's guess. The traditional media narrative has been upset for a second time.