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Strategies & Market Trends : John Pitera's Market Laboratory -- Ignore unavailable to you. Want to Upgrade?


To: roguedolphin who wrote (14076)5/12/2013 1:56:20 PM
From: John Pitera2 Recommendations  Read Replies (1) | Respond to of 33421
 
CBS New's Scott Pelley-- we have much more information instantly available about news....But we are living in a world lacking editors..... he himself does a mea culpa on his reporting of the New Town, Connecticut shooting.....

..........the last few months have been shockingly bad for Professional Journalism......

Major News Networks have pulled video's from YOU TUBE and put them on the national news without fact
checking them.......

Facebook..... Twitter and Reddit You Tube are Gossip sites..... Professional Journalism was born out of a recognition that civilization..... "civil" being a key" needs an antidote to gossip.......

gossip, fabrications, falsehoods, lies, damned lies....and statistics can be data mined or optimized to portray any type of spin or story you want to advance....... or "spin".

the Markets have forever been influenced by rumor...... info..bad info..... and now "the rise and rage of the Machines"..........As Art Cashin and Ron Insana we have now arrived and have entered the Epochal "ERA"

....................where mathematical algorithms and Faster than Light information flows and algorithms looking for key words on twitter and all of the major output venues of info on the Information Superhighway.........which has morphed into the Information Quantum Stairway Express ---

and
this is the time in the very Long term cycle that we now live in.

realclearpolitics.com

................ your very humble Editor.....

John Jacob Pitera