Not so sure. A lot of corrections and bears have happened during (or despite) periods of loose monetary policy. You might be very glad to have held on to some cash when the stock bubble blown up by Mr. B.S. Bernanke pops.
Dow down 40 yesterday, down 55 today. Up ~135 on the initial “no taper” news — could the market be becoming immune to Fedspeak and tracking the fundamentals?
Anyone who doesn’t keep some cash around is in danger of being burned hard.
