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Friday, July 24, 2009

State of the Economy: The Ministry of Truth (VIDEO)

"We do not destroy the heretic because he resists us: so long as he resists us we never destroy him. We convert him, we capture his inner mind, we reshape him. We burn all evil and all illusion out of him; we bring him over to our side, not in appearance, but genuinely, heart and soul. We make him one of ourselves before we kill him." - Obrien, 1984 by George Orwell

"The one thing the market will teach you is there is a massive amount of information to fit anybodies way of thinking" - Mr Plow from Our Ventrilo Voice Server

When you talk about arriving at a conclusion based on a differential mathematical subset (economics) - you are dealing with variables that you can't control.

What is one of those variables? That affects consumer confidence, which affects buying pressure? Is that of the media, which I discuss in the following entry ...

(Video Included. If you're seeing this entry elsewhere and cannot see the Video? Click here to view the entry ...)

You may not like them. You may not agree with them. But these media sources are with us, like it or not, and you have to deal with 'what is'. They have a ton of power.

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Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.

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