Investors selling into any rallies. Likely to continue for a while. Would suggest more downside ahead. Standing aside until we get a firm direction. Time to be cautious and not too euphoric. Any comments?
The comments will come at 2:15 this afternoon from the fed. Market could go either way but I would assume the fed will try to strike a match to put some optimism in the market. I do not expect it to hold for very long.