Lame Obama Defense of the Day

From the George Soros-funded Media Matters, trying to defend Obama's role in the current downtrend of the stock market:

“But the Dow was on a downward trajectory months before the election, dropping 3,738 points from May 2, 2008, to November 3, 2008, and the drop did not start on Election Day, as MSNBC suggested.”

It is true that the stock market had already started to fall months before the election, but it's also true that by May 2nd it had become obvious that Barack Obama was going to be the nominee of the Dems and he was going to be running against John McCain.

Don't you think that made more than a few investors nervous?