I agree about the Obomba cloud of uncertainty over all the defense stocks (e.g. ITA). McCain has not really distinguished himself in this arena either IMO. But lets face it Big Defense is here to stay when the senators get down to voting ...as all the rogue and semi-rogue totalitarian nations start rattling their chains to see if the new jailkeeper is a wimp.
Blah, blah, I'm thinking about reloading the truck with some ORB when I am convinced the chart has bottomed ...soon, I think.