These poor conservatives are in for a rough time. They've been sheltering themselves in a non-reality bubble, totally detached from the real world. Most of them have deluded themselves into thinking Romney has a chance. See this thread for many such tragic examples.
When that bubble pops, it's going to be ugly. A mentally healthy person would blame the conservative media that fed them the big lies and false hope for months running. Alas, these aren't mentally healthy people. The same media that lied to them will keep lying, and they will keep falling for the lies, all the conspiracy theories about how the dirty liberals obviously stole the election.
Most of these conservatives will just harmlessly rave at the TV, or on message boards, providing us with great amusement. However, a few of them could do harm to themselves, or to others. That's why, if you have any conservative relatives or close friends, you need to keep a close eye on them come election time. Keep them grounded, try to bring them back to reality. Lives could depend on it.