Run or Buy Before Too Late?

FED has finally announced the final rate hike yesterday while negotiations between Russian and Ukraine seems promising and market seems well received the news. Share soared yesterday, is this a buying or selling signal to investor? With the rate hike which lead people's tend to keep their money with bond or FD more compare to Stock Market? If so investors now should sell now to buy back later or vise versa? And how much will it retreat then will become attractive to global investor? 

Please feel free to comment. My guess with lesser support currently and depend on how panic is the investors want to get out of the market, but I think is less concern for long term investor's but definitely not for the hedge funds manager around the world as they did it for living.