An e-mail: โ€œOK, Iโ€™ll say itโ€ฆI believe todayโ€™s massive decline was, in part (and maybe a big โ€œin partโ€), in fear that the debate tonight wonโ€™t go well for McCain and the implications that will have for an Obama victory. The likelihood of a recession has been talked about and, probably, factored in to a lot of folksโ€™ thinking alreadyโ€ฆ

โ€ฆif tonightโ€™s debate tracks well for McCain, youโ€™ll see a positive response tomorrow; if it doesnโ€™t, hold on; it wonโ€™t be pretty.

Call it: โ€˜Flight to Safety (from Socialism).โ€™โ€