BTTT!
http://www.freerepublic.com/focus/news/2190257/posts?page=14#14
See the dow chart there. Oct ‘07 was the Dow top at @14000. That day Obama co-sponsored a bill to beef up low income housing regulations on banks. And with the Republican nominees, it became more evident that there was a good _possibility_ of a Democrat Presidency.
In May of ‘08 (even though Clinton was winning some primaries in Ohio, Texas, Penns. etc.) the ‘metric’ was already in favor of Obama where despite Clinton’s new found hope (read: Operation Chaos), Chucky T, specifically, and MSNBCCBSNBCCNNABCNYTWP had already declared Obama the winner. And of course by then McCain was the only Republican left. “Possibility” went to “probability” and the Dow showed that by dropping more in May and the rest is history.
The market anticipates - it isn’t as Obama says a ‘daily tracking poll’ - it ‘knew’ in Oct. of ‘07.