Emergency Fed move helps, but doesn't completely reassure market

[kst$]

Emergency Fed move helps, but doesn't completely reassure marketNEW YORK (MarketWatch) -- U.S. stocks on Tuesday staged a partial recovery from an opening plunge sparked by a global sell-off, with equities investors drawing some belated and half-hearted assurance from the Federal Reserve's emergency interest-rate cut."We had pent up selling in U.S. equities because we were closed yesterday; those orders were waiting to be executed in global portfolios regardless of a Fed cut, regardless of stimulus package," said Art Hogan, chief market strategist at Jefferies & Co."The markets are getting to reasonable valuations. Unfortunately, the trip there is very painful," said Hogan.

read more here

http://personal.fidelity.com/researc...439&buf=999999

[javie$]

All this makes me a little nervous since my retirement plan is base on the market since I have it invested. Should I put it in a more the money into an IRA or bonds any suggestions.