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We like for the long term when theyre being pulled down by shortterm considerations . Worries like the one generated by the fed meeting yesterday. Yes, yes, the averages got hit today. Dow sinking 290 points. S p plunging 1. 6 . Nasdaq falling 1. 4 . Hideous but just remember how badly we could have been crushed if the fed had raised rates. Many of the stocks that managed to rally today like the higher yielders, the consumer Package Goods and the drug company, they need a weaker dollar including bristolmyers, not to mention a handful of fabulous Growth Stocks that always seem to rise after a big bad event received. They would have been pulverized if the fed tightened. Look, one day we should tighten. Im not against it forever. We should do it when were sure china is not teetering, when europe is on firmer footing and our recovery is less episodic. But right now wages arent budging and the Chinese Government is selling enough u. S. Treasuries to do the feds work for them. Thats why im d

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