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Gold/Mining/Energy : Big Dog's Boom Boom Room
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To: Jacob Snyder who wrote (157859)9/29/2011 11:29:35 PM
From: Archie Meeties1 Recommendation  Read Replies (1) of 206097
 
Jacob, have you considered lining up all of the positive economic data as well and comparing it to the recession data you post?

If you are bearish you will seek and find recession data, that is human nature. The same confirmation bias tendency is true in most activities and it is difficult to fight. To acknowledge and then attempt to reject our bias forces us to hold two competing possibilities as equal. Usually, we seek to resolve to one side or another. Far less uncertainty in doing that.

But imo It would be far more helpful to continuously and thoughtfully consider the opposition position. At a minimum, a humble student of different bias' can increase awareness of gaps in his knowledge. At best, such a studnet might discover that his current stance is misguided and likely unhelpful.

Best wishes...

Archie.

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