Follow this link to the AP story in the Worcester T & G.  I imagine it was the T & G that chose the headline. The story was written on the trading day which closed before the polls in Massachusetts closed.

The Dow Jones Industrial average is down 165 points as I write this during the first trading session after the election.  I wonder if the T & G is sticking with their theory that the election affects the market.

Perhaps the market is worried that Scott Brown will accomplish the spending cuts he promised and the economy will dive into a tailspin because of it.

Of course all these explanations for why the market does what it does is pure confabulation.  By confabulation, I mean A psychological term denoting explaining of imaginary patterns in events by the invention of fictitious details.

According to Benoit Mandelbrot’s analysis, the patterns in stock market behavior are made up of fractals which are no patterns at all.