2008 again wrote:
In 2008 the market was down, down, down -- and the Fed would lower rates and boom -- big up.
Then back to down, down, down -- Fed would act and again a rally.
I watched this go on for 3 to 4 weeks and said to Hell with it and bailed -- avoiding about 85% of the 50% plus collapse.
This is eerily familiar.
Market being artificially held together by Fed words.