Huh? He’s up by 1.5 points based on the last 6 polls. The MOE is 3ish. He’s not outside the MOE, not by a long shot.
Furthermore, these are based on a avg of D+5 samples. The turnout will not be D+5. So factor that into it and the race is certainly not in Obama’s favor, and most likely in favor of Romney by a point or two.
And finally, the bulk of the 4-6% undecideds are almost assured to go for Romney at probably a 2-1 pace. They are not undecided about Obama after 4 years, while many are scared of the race card beatdown, hence it is easier to say, “not sure, undecided” and then go in the booth and punch the Romney oval.
Or they won't vote. A lot of people who are disappointed with Obama are decidedly unenthusiastic about Romney and his abilities to fix the problems. Just because someone doesn't like Obama doesn't mean that they will like Romney.