Last Week in Wall Street

Market Last week:

Last week was a week of thrill action with the following action taking place:
a. Fed's involvment with JPMorgan to bid for Bear Sterns (Bear Sterns is the fifth largest investment management bank in wall street) to make sure Bear does not file into bankruptcy.
b. Fed cutting interest rate by 75 basis points (i.e., 0.75%)
c. Fed allowing investment bank to borrow under the same umbrella as commercial banks (This means my friends - our money is put to risk) - This has not been done from late 1931 - which was done at that time during the great depression.
d. Fed annoucing to take mortage related securities (shares to say in simple) in turn of borrow money by mortgage related institutions
e. And not the least Goldman and Lehman showing better revenue than predicted. ow ow ow... The American stock market did see a green signal last week - with shares raising - and investors coming back to wall street - This increase showed reciprocal decrease in oil and commodities prices. Good week in general.

But I dont know why but I keep thinking this way... the market is bearish.. which means every body is feared of recession... and market not performing well... meanwhile fed & few others are trying to do something which is keeping the market up and down...

I dont know how many of you guys take dogs for walking... I do... sometimes, my dog becomes too tired that it does not want to move... it sits in a place... and looks at me like "Shit man wont you stop for a minute... let me grab my breadth"... at that moment.. if you understand him... you take a break with him... and few moments later... here we go.. it comes back to action... and we are back home... but if you push him hard at that moment... either it gets angry... or it comes with you.. but you guys drag and drag and spoil a good morning....

I know finance and dog-walking are not related in any sense... but this keeps me thinking that are we trying to push a market which is bearish.. does this mean.. if the Fed runs out of play in their play books... does the market going to recession for sure and there we go... lets sit tight for a year to watch the market coming up?

Anyway, in short.. recession is talk of the town, whether you like it or not... but you do see bar with full of action which was deserted last week...