{"id":1298,"date":"2008-12-24T10:40:17","date_gmt":"2008-12-24T14:40:17","guid":{"rendered":"http:\/\/ssgreenberg.name\/PoliticsBlog\/?p=1298"},"modified":"2008-12-24T11:28:49","modified_gmt":"2008-12-24T15:28:49","slug":"investment-news-from-the-experts","status":"publish","type":"post","link":"https:\/\/ssgreenberg.name\/PoliticsBlog\/2008\/12\/24\/investment-news-from-the-experts\/","title":{"rendered":"Investment News From the Experts"},"content":{"rendered":"

I found the following three headlines juxtaposed on a Yahoo! Website investing page:<\/p>\n\n\n\n\n\n\n
\u2022<\/td>\n^DJI<\/td>\nIndications: U.S. stock futures drift lower ahead of data<\/a>
\nat MarketWatch (Wed 8:10am)<\/td>\n<\/tr>\n
\u2022<\/td>\n^DJI<\/td>\nUS STOCKS-Futures flat ahead of economic data<\/a>
\nat Reuters (Wed 7:55am)<\/td>\n<\/tr>\n
\u2022<\/td>\n^DJI<\/td>\nIndications: U.S. stock futures tick higher ahead of data<\/a>
\nat MarketWatch (Wed 6:02am)<\/td>\n<\/tr>\n
\u2022<\/td>\n^DJI
\n^IXIC<\/td>\n		Wall Street set to edge up in shortened session<\/a>
\nReuters (Wed 5:07am)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n

It appears that no matter what the market action, the explanation is the same.<\/p>\n

I once heard a speaker at a Portland meeting of the American Association of Individual Investors explain this phenomenon.\u00a0 He was a psychologist by vocation and an investor by avocation.\u00a0 He said that among professional psychologists this kind of sequence of statements from a client would be called confabulation.<\/p>\n

The www.FreeDictionary.com<\/a> gives confabulation this definition:<\/p>\n

2. <\/strong> Psychology<\/em> To fill in gaps in one’s memory with fabrications that one believes to be facts.<\/p>\n","protected":false},"excerpt":{"rendered":"

I found the following three headlines juxtaposed on a Yahoo! Website investing page: \u2022 ^DJI Indications: U.S. stock futures drift lower ahead of data at MarketWatch (Wed 8:10am) \u2022 ^DJI US STOCKS-Futures flat ahead of economic data at Reuters (Wed 7:55am) \u2022 ^DJI Indications: U.S. stock futures tick higher ahead of data at MarketWatch (Wed […]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[166],"tags":[],"class_list":{"0":"post-1298","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-stevegsposts","7":"czr-hentry"},"_links":{"self":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/1298","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/comments?post=1298"}],"version-history":[{"count":4,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/1298\/revisions"}],"predecessor-version":[{"id":1302,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/posts\/1298\/revisions\/1302"}],"wp:attachment":[{"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/media?parent=1298"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/categories?post=1298"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/ssgreenberg.name\/PoliticsBlog\/wp-json\/wp\/v2\/tags?post=1298"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}