Dealing with False Facts

It is a fact within a fact that someone must do something for 10,000 hours before they become good at it. Study The Outliers by Malcom Boyd to learn how facts can be deciphered, Boyd is a genius at it, and compare it with the false facts that surround us in newsbites.

We as traders and humans deal in false facts that lead to false interpretations, and soon become our newsbites. Imagine, more of our attention (without choice) covers Sarah Palin, or sexual escapades, and true change can then never take place.

It is most important to know that nothing is real. A rock is not hard. You know only what you know.

Note our new format makes the OEX Alert faster to read, and provides links to the areas you may want to study. We welcome your feedback.

Here is another excerpt from the BCO Commentary:

· Bonds should have more upside until late April, when we might have a correction, before a stronger upturn to bonds for the rest of 2010.

· A T & T pays a 6% dividend. How can anyone with cash not put cash someplace like this?

· We’ll go long on the Canadian dollar after a nice 2% correction, and stay long.

· Many Dow Theorists subscribe to our service. For those that understand this first note that it was the Dow transports that hit the new highs ahead of the Dow. Bears then saw that not as much was following along. This is called non -confirmation, or bearish divergence. In our daily OEX I call this “a trading range.” There is tight divergence, bullish or bearish, and we’ve seen many days of even moves up, always to show a bearish influence, but steady grounds.