Massucci's Take: Fed minutes are looking the wrong way - backward

Many investors read notes from the meetings of the Federal Reserve -- the most recent were published Wednesday -- looking for tips and insights that will help them make money today, tomorrow and in the near future. Heck, these days some are simply trying not to lose money.

But while the minutes provide valuable feedback as to what's going on in the minds of Federal Reserve leaders, it's important to remember that the minutes are not just old, but they also look backwards in time.