from my experience watching the s&p for the past year,iv come to the conclusion that it goes up when it wants to and falls when it wants to,sometimes doing irrational stuff like falling 7 to 10 percent before bouncing up.this happened two or three times over the past year,each time everybody was convinced that doomsday has comed and another financial crisis is round the corner(which is good for me) but it never came.everytime i try to scour google and all the financial sites for information why the s&p is doing what its doing but it seems like everybody has a hundred different ideas but nobody has a clue what is going on.so dont be so happy that the fed did something and nothing happens,chances are the stock market are out of their control and is doing whatever it wants.although i do understand everytime the market crashes a bit,its always linked to some crisis,probably russia or something or the middle east or oil.
i no longer care what the stock market do anymore,if its in a bull run or if its up or down,on a day to day basis or week to week or month to month,cause none of it make sense,i only care when theres bad news or a crisis,like war in other countries,conflict with russia,war in middle east,recessions in other parts of the world,economic crisis in other countries particularly china,commodities crisis,companies in trouble,anything that can send a shock in the markets and send prices going down by 10 or 15 percent.....thats when its a good time to buy some shares......the bigger the crisis the better.otherwise i couldnt give a jackshit what the s&p does cause its all noise.