It’s true that people actually trade off…

It’s true that people actually trade off these types of headlines.  But we don’t have to, and therein lies much of our advantage — we can and do ignore the noise:
Bernanke lowers growth forecast
Fed lifts 2011 inflation view
Fed hikes forecast for inflation and cuts economic-growth view, though central-bank board members and presidents have become more optimistic on the jobless rate, Chairman Bernanke reports.
Fed policy, promise intact | Text of FOMC statement | Expanded Fed coverage — plus live blog
U.S. stocks get Fed lift | Gold gains ground | Financial stocks tick up | Treasurys, dollar slip after Fed

Look, what we do know is that the Fed’s got interest at negative levels and that they’ve infused trillions of dollars into our banking system in the name of stimulating the economy.  We know that the Fed is always late to the trend, and for months we’ve been investing for the inflation cycle they’re just now seeing.  The economy’s stronger than those idiots at the Fed realize too…and more importantly to us as traders, the fundamental earnings are through the roof and seem to be accelerating.  Which is also exactly what we’ve been setting our portfolio up for too.  We also know that the Fed’s 0% rates are forcing savers into the stock market and into other riskier assets…and that is again, why I expect we’ll eventually hit new all-time highs in the DJIA and that many of our App Revolution and Cloud Revolution stocks will eventually not just go up big from here, but will eventually bubble like it’s 1999.

Stay the course.