US trillion dollar deficit

President-elect Barack Obama says the nation probably faces huge deficits for years to come, but heavy spending is needed now to spur the economy
The federal deficit was about $455 billion when the last fiscal year ended on Sept. 30, 2008.
So let's see How Barack Rock & Roll after his inauguration day.
Tracking the Dow on Tuesday,6th January 2009.

9:30am:--50.0 points gap-up with a doji star inside the body.
Energy stocks (+2.5%) continue to register gains as crude oil futures fetch higher prices.
10:30am:--Bullish harami.
The December ISM Service Index came in at a better-than-expected 40.6.
11:30am:--Double bottom retracement.
November home sales were down 4.0% month-over-month.
12:30 noon:--Morning session close at MAV.
Factory orders continue to show weakness, though to a lesser extent than the prior month. November factory orders fell 4.6% after falling 6.0% in October. November orders were expected to decline 2.3%.
1:30pm:--The inverted hammer.
Standard & Poor's current outlook for U.S. banks is negative.
2:30pm:--Bulls at work.
The minutes from the Dec. 16 Federal Open Market Committee (FOMC) meeting are released.
The Fed expects unemployment to rise significantly into 2010, but sees appreciable easing of inflation pressures.
The Fed stated that even with nontraditional policies the outlook will be weak for some time. Downside risk to growth remains substantial.
3:30pm:--The bears have cornered the bulls but a technical rebound have it in check.
The Fed said that there was significant contraction in economic activity in the fourth quarter. The committee noted it stands ready to expand purchases of agency debt and agency mortgage-backed securities. The FOMC is also evaluating the potential benefits of purchasing longer-term Treasuries.
4:00pm:--Indicies close at MAV,checkmate a bullish hammer.
The re-emergence of buyers paired with the realization that the FOMC's comments didn't really tell the market anything new helped stocks ascend to their best levels of the afternoon.
The overall bad economic news did not deter the market from being hammered.The market is eager for signs that the U.S. recession will end this year.
Analysts expect Wall Street to remain on edge in the coming weeks as corporate earnings reports begin to arrive. Investors will be looking to glean any insight into companies' expectations for the coming year.
The three days candlestick formation has showed sign of caution.