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CNBC Goes Crazy. Hold On.

The Federal Reserve notes caused a bunch of consternation.

What a joke.  CNBC was creating a frenzy……..for ratings.  People were selling and shorting like crazy.  If you think the Fed is going to raise interest rates, I have a bridge to sell you.  I am not prepared to fight the Fed.

Even Cramer was telling his peeps to stay in the market.  The market today is up 100 pts as I write this.  But ……the volume is low and it is still possible we could see a pullback.  You simply have to continue watching the technicals and patterns.

Long term the market is up……..barring some disaster.  Buying dividend payers at good prices is the right approach.

 

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