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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?

To: LLCF who wrote (13633)	1/18/2002 6:04:00 AM
From: Maurice Winn	Read Replies (1) \| Respond to of 74559

DAK, I don't know Noland from a bar of soap. I simply meant CB's principles were good. I liked her data one too [where people dump hypotheses or data]. When data conflicts with what we think we KNOW to be true, it's much easier to assume the conflicting data is a mistake than to revise our often faulty ideas about what's real. Cognitive dissonance sets in when too many conflicting bits of data make our internal models unsustainable and we lose our frames of reference to reality. [Cognitive dissonance has been misused in this stream]. We can ignore a certain amount of 'wrong' data. But at some stage, reality has a habit of intruding on our warped ideas. There's nothing like an inanimate, but falling, rock to knock some sense into our heads. The silly fashion which says reality is what we perceive it to be is true, but only until the incorrect perceptions are mushed by the more reality-compliant facts of life. Our DNA didn't get to be billions of bits long by reality matching our DNA. It was the reverse. Non-matching DNA was filtered out of the gene pool. Interestingly, humans increasingly create the reality which then acts as a filter on us, in a feedback loop. Eugenics is alive and well whether we like it or not. Mqurice

To: LLCF who wrote (13633)	1/18/2002 11:27:01 AM
From: Ilaine	Read Replies (1) \| Respond to of 74559

>>Now the fact that Noland posts only bearish info and the fact he admits it, while making following him as a market gauge worthless, nevertheless makes him in many ways much more valuable than wall street brokerage house strategists!<< I don't give any credence to Wall St. brokerage house strategists. People who are in the business of selling things have inherent conflicts of interest. They present information which is designed to make people buy the things they are selling.