At the end of FOMC Meet today, decision on Fed rate will be out. But what will you like to do in the market? Will you sit on the sidelines or jump into fray. I have some suggestions, so read on
After the Fed decision, if US markets decide to plunge, you be ready to jump in with your buy orders. If you find that Dow Jones has dropped to 17000, then you must buy. From 17000 you can expect Dow Jones to again recover to its recent high in couple of trading sessions.
But if the markets race up after Fed rate decision is announced, stay away from trading. Do not chase prices. It can be fatal!
So be ready for the Fed decision and do as I have recommended.
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