(11-23-2015, 10:06 AM)NilesMike Wrote: Are we to assume that those holding for the FED meeting know what the result of that meeting will be? Or that they know what the reaction to the result will be?
I didn't think so.
Stick to your game plan, there have been and will be many more FED announcements, terror attacks, tsunamis etc. Good companies know how to work through these things. Just find good companies within your DGI framework, don't overthink the unknowable.
Good luck to all.
Personally, I'm not particularly waiting for the decision from the FED meeting, I'm just waiting for better entry points, whether it's due to a FED decision, poor results in China or a revolution in Venezuela, quoting a wiser person than me "there's always something" so I'm just waiting for a dip. It will happen, I don't know when, but it will!
Right now I don't see a lot of appealing positions in the SP500 so it's better to stay put.