As I often say, Israeli politics is more complicated and unpredictable than American politics. Currently, over 85% of votes have been counted following the Israeli election on Tuesday, and it appears clear neither Netanyahu or anti-Netanyahu parties have a solid coalition. Therefore, things are likely to get very interesting over the next few days and weeks!
Joel Rosenberg and Amir Tsarfati, both Israelis, have reliable commentary on what is actually going on in Israel.