The stock market soarded today after the Treasury's plan to purchase billions in bank assets which could balance the economy. According to early tallies, the Dow Jones Industrial jumped 497 points, which marks today as the biggest one day gain in the market since November. Some analysts say the market's response is well, but some analysts disagree.
Steve Leeb, the president of Leep Capital Management isn't very optimistic, "The plan is a rehash of what we've seen before and it still doesn't resolve the issue of how to value the bad assets."
Even though there was such a huge point gain, there was still resistance to stay above 800. Analysts say this is necessay to see a gradual stablization in the market
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