The Fed is not going to raise 0.75%. That would be 100% of where we are now – I don't see it happening and, just two weeks ago, they were uniformly saying 0.5% so why blow their credibility just to push 0.25% based on last week's inflation data that they clearly knew was coming?  That is our premise going into this afternoon's rate announcement and we've taken (as noted in yesterday's Short-Term Portfolio Review) a more bullish stance at what we HOPE is the bottom – for now .   We feel that this week was a " forced " bottom with Banksters like Goldman Sachs (GS) and their attack monkeys like Jim Cramer doing whatever it takes to scare retail investors out of their positions so their " Private " (ie. very rich) clients can scoop up blue chips for 50 cents on the Dollar.  At PSW, our hedges prevent us from having to panic in these situations and, just like the wealthiest people on Earth, we are able to add to our positions when the market is on sale.  THAT is how you build real long-term wealth. Unfortunately, it is human nature to abandon positions when they are down.  It's not just about having the WILL to stick with what you have but also the MEANS and that, unfortunately, takes planning.  Planning and patience are the hardest things we teach our Members at PhilStockWorld but they are also the most rewarding.  It's a lesson from the Bible but also a lesson I reiterated way back in November, when I said to our Members in " Which Way Wednesday – Toppy or Just Getting Started? ": If you are in a market that is experiencing unsustainable gains then, at some point – IT WILL CORRECT.  A correction is NOT a pullback – a correction is a move towards a CORRECT level that IS sustainable.  Historically, that has been 8% annual growth.    From 2000 …