The Obama Market?

I've been thinking this, and now DRJ at Patterico's Pontifications says it.

How Low Will the Dow Go?

from Patterico's Pontifications by DRJ

[Guest post by DRJ]

The Dow ended the day down 678.91 at 8,579.19, the first time below 9,000 since June 2003. The Dow is down significantly from its high last year but I think we could be near the bottom. Thus, I view recent losses as a correction and not a sign of an impending depression. Time will tell if I'm right. [EDIT: In other words, do not rely on me for investment advice!]

So here's something to debate: I think a small part of this correction is the market reacting to a probable Obama win in November. If so, it's a win the market doesn't like.

– DRJ