It looks like a classic “Buy the rumor (yesterday that McCain might win) and sell the news” (today Obama did win).
We could see a continuing decline in the stock market as those folks holding stocks are looking to sell and lock in the 15% capital gains rate that will go away under the Obama regime.
If the market does continue to fall, the media will blame the decline on the Republicans and most of the public will buy the lie as they did yesterday.
All in all, it does not look good for America.
The price is dropping because sellers are willing to take lower prices (out of fear).
Bwahahahahahaha!