has the fed gone too far to turn back?

"I think the Fed has finally come to the point where they realize the mess they've created and they are now doing what they can to mitigate the damage they've caused. The problem - if they dampen the enthusiasm of overly zealous stock investors, they are likely to crash the bond market in the process and create very real damage to an economy already in dire straits."

http://seekingalpha.com/article/1527532-understanding-the-schizophrenic-fed-s-risk-on-risk-off-messages?source=email_macro_view&ifp=0