The 1st Obama crash it dropped 6000 points but that was because the public was looking at 8 years and control of all congress. My theory, that Obama indeed caused the 1st crash, adds up to about a 1800 point crash this election.
6000/2 = 3000 *66% = 1980 - qe1 = 1700 -ge2 = 1 600 -qe3 = 1500.
I'm worried about the president's speach today. I remember his US. credit downgrade pep talk. He tried to wait till the market bottomed (so it would look like he spiked it) untill he came out but it didn't work. The more he opened his trap the lower the market sank.