Dow 14969 Most Unlikely by Election

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.