The fed has made a crucial mistake, and we may never recover. First, we start off with the markets. The dow ending lower by 254 points, the nasdaq in the red. The s p making both the new closing low and a new interday low. Finishing at levels not seen since april of 2014. So, new lows, now what . Guy . As it turns out, the headline comes out just as its making new lows, gets the market up 25 handles before we close at 1829. Now what is this . I wouldnt save tomorrows move. Its either going to be sub1800 or north of 1850. I wouldnt fade either one of them, because people will chase into what will be a long weekend. I still think the bond market is trying to tell you something. I think the headlines in oil were gazy, for lack of a better word. Tomorrow is not a day to fade. Not real. Thank you. Heres the deal. Listen, i said earlier in the week, i really do think were in a market that its one step forward, two steps back. It felt kind of bad, the lows today. It was fairly orderly. You ge