The Obama Effect Confirmed

Yeah, we've been heavy on the economics stuff today, but I can't resist one more. From FoxNews.com:

President Obama said Tuesday that now is a good time for investors to buy stocks if they focus on the big picture.

The Dow plunged Monday to its lowest level in 12 years.

Just as the "Gore Effect" means that it snows or floods every time the former VP is scheduled to appear at a climate change conference, the "Obama Effect" seems to mean that every time he or one of his minions makes a public utterance on the economy, the stock market heads south.