As POTC Predicted, Wall Street Rallies Big after Obama's Infrastructure Plan

As POTC predicted, Wall Street rallied big after President-elect Obama's Infrastructure Plan, but we now urge caution. Our reading of the market and looming malaise in Europe has POTC expecting a reversal to test October lows sooner than most believe. "NEW YORK – A stock market gaining in confidence shot higher for a second straight session Monday as investors bet that President-elect Barack Obama's plans to increase spending on public works projects will help lift the economy back to health. The major market indexes jumped more than 3 percent, and the Dow Jones industrials' nearly 300 point advance gave the blue chips their highest close in a month." http://news.yahoo.com/s/ap/20081208/ap_on_bi_st_ma_re/wall_street