A sobering lesson for investors is being hammered home by Friday's plunge in U.S. stocks
while buying dips has been successful over the last ten years, it hasn't worked this year.
The S&P 500 has rebounded by at least 6% four times this year, only to turn around and hit new lows.
This week's rapid rise in U.S. equities may be in for a repetition.
"There were probably some individuals hoping for a poorer result that may pave the way for a Fed reversal.
As a senior global market strategist at the Wells Fargo Investment Institute, Sameer Samana remarked, "I'm sure they were dissatisfied.