There is no reason to remove QE or so called tapering right now. Money has been printed everywhere all over the world. I agree that It is not good practice. But when it is necessary, Fed is ready to print. We have unemployment rate of 7.6%, GDP growth of 1.7%, and inflation around 1%... It is not the time to taper.
I don't know. I'm not a trader and that is what is going on here. You know that when the fed finally raises rates that none of the longs here will be happy. I think I will wait until this has gone it's course and its more of a sure thing. But for those of you who held and feel that this is the best way to recoup losses then go for it but don't imagine that it will be smooth sailing ahead because it won't be. Some time in the not too distant future the best course of action will be to sell.