In a recent commentary, I said the Dow would hit 14969 by elections, rallying about 1400 points. On further consideration, I now strongly doubt the Indoos have sufficient energy to reach that price by November — if at all. Stocks seem to be locked into a pre-election dirge and are therefore unlikely to do much of anything over the next five weeks. That said, it is beyond me to imagine that the market would stage a huge celebratory rally if Obama is reelected. More likely in my opinion is a hangover nasty enough to kill.