Tuesday, March 11, 2008

The new credit plan gives Wall Street a boost!

The latest moves by the Fed and the banks to alleviate the credit crisis that has been haunting this country for quite some time now, has seemed to have given a boost to Wall Street today. By posting an increase of 400 points, one can say that the Wall Street is finally seeing a bit of the light at the end of the tunnel.
But one should also take care to remember that the Wall Street has been kind of twitchy of late and that one should not consider the latest increase as a change in the momentum. As far as the Wall Street goes, these days, it is better to cross the bridge when one comes to it!

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