I fought the fed in 1995, and paid heavily for it. They tightened big time in 1994, then eased up and the market rallied big time.
This rally is on its last legs, but it is not the last one for the bull market, so buying on any short term buy signal makes sense until at least April.
My uncle,who was on the govt commission to investigate the 1987 stock crash, and taught economics at UC Irvine and Ucla for 40 years is worried about the dropping leading indicators, he thinks we might start a recession anytime now.