A very short diary, but this is a hunch I've been harboring most of this year.
I have held the theory that if the Dow Jones Industrial Average were to finish over 13,000 on the day of the election, that would be good sign for President Obama's reelection. Conversely, if it were to finish under 13,000, that would be cause for nervousness.
Read below the squiggle for how it turned out...
The DJIA ended today at 13,112.44, nearly double the low it hit in February, 2009, shortly after Obama took office. The stock market has been said to be the ultimate indicator of confidence in the economy. The investor class should be pleased with this President and what he has accomplished, bringing us back from the brink of a Depression.