Fed meetings vs the SPX

Worth a discussion?

No. U.F.O.

http://stockcharts.com/c-sc/sc?s=$SOX&p=W&yr=7&mn=6&dy=0&i=p49177380756&a=122001760&r=1632.png

http://stockcharts.c...2786&r=1648.png

Teaparty, It's great to see you posting your charts and comments again! Thanks for all the great and informative work. Best of Luck, UBW

The point of the post was to look at what happened shortly after each Fed meeting. Look at each Fed meeting, then imagine the people who buy/sell immediately there after (the same day or next day). Then holding it for 5, 10, 15 days afterwards. Would you say the people who bought or sold were better off as a result? Or how about people who listened to what the Fed said? Do you want to go back to June 28/29 meeting and read the minutes? Was it predictive of the future or not? What about the march 18th meeting? I've said it before, that you FADE the fed. These guys have no clue. They're reactive, not predictive. When they're ignoring the problems, like in June 28/29, thats when you sell. When they're in panic, you buy. What about now? Are they in panic or do they seem everything is fixed? My interpretation? They're not quite at a point where they think things are fixed. But getting there. Probably by next meeting, they will believe so.