I Can See it Clearly

Markets Rally Despite Gloom, Peter A. McKay tells us:

In his first press conference since the election, President-elect Barack Obama focused on economic issues. [..] The Dow trimmed its gain from about 250 points to about 80 points while Mr. Obama was speaking, but it recovered almost all its gains by the closing bell. (emphasis mine)

What I forecast: he's going to do a lot more talking in the next four years.