Daily Archives: December 16, 2013

Trade Like No One’s Watching

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There’s an old saw that you should “dance like no one is watching” (and I strongly suspect most Slopers have the same fondness of going out on the town and dancing as I do: that is, none).

I was reminded of this phrase since we are approaching the Fed announcement this Wednesday. I confess to being apprehensive about the event. It will, in all likelihood, define the behavior of the market for the rest of 2013 and probably bleed into the first part of 2014 as well. I think it’s a fairly big deal. (more…)