Comments on: Reality Bites – The Real Story Of What People Need http://blog.rebeltraders.net/2009/12/06/reality-bites-real-story-people-need-money-jobs-bankruptcy-lawyers-pawn-shops/ Providing Stock Market Analysis and Economic Commentary without the Hype Tue, 27 Jul 2010 19:45:31 +0000 hourly 1 http://wordpress.org/?v=3.0 By: WW http://blog.rebeltraders.net/2009/12/06/reality-bites-real-story-people-need-money-jobs-bankruptcy-lawyers-pawn-shops/comment-page-1/#comment-14135 WW Tue, 08 Dec 2009 16:15:56 +0000 http://blog.rebeltraders.net/?p=9476#comment-14135 "1. The search metric data provided by Google is free. It is not politically biased, it is simple statistical analysis. To go and see for yourself here is the web address: Quite true, data in and of itself has no bias. But when one goes at the data with a pre-determined agenda, you can make the data push your political message. As the data is normalized, it doesn't really tell you how many people did a specific search, it just tells you that the searchs increased in comparison to the totality of all searches. Searches on "Republican", and "conservative" show decrease in interest. Entering PIE in the search yields a spike every Thanksgiving, while the trend is increasing over time. With a population of 300 million, many people are searching for many things. The data must be shown quantitatatively. While going from 1 person to two people yields a 100% increase, it is also true that without background data, the normalized data provided by google just shows a trend, not the significance of the trend. How many people a searching google with the search topic "I want to commit suicide, and what does the increase reflect numerically? “1. The search metric data provided by Google is free. It is not politically biased, it is simple statistical analysis. To go and see for yourself here is the web address:

Quite true, data in and of itself has no bias. But when one goes at the data with a pre-determined agenda, you can make the data push your political message.

As the data is normalized, it doesn’t really tell you how many people did a specific search, it just tells you that the searchs increased in comparison to the totality of all searches.

Searches on “Republican”, and “conservative” show decrease in interest.

Entering PIE in the search yields a spike every Thanksgiving, while the trend is increasing over time.

With a population of 300 million, many people are searching for many things. The data must be shown quantitatatively. While going from 1 person to two people yields a 100% increase, it is also true that without background data, the normalized data provided by google just shows a trend, not the significance of the trend.

How many people a searching google with the search topic “I want to commit suicide, and what does the increase reflect numerically?

]]> By: Chuck http://blog.rebeltraders.net/2009/12/06/reality-bites-real-story-people-need-money-jobs-bankruptcy-lawyers-pawn-shops/comment-page-1/#comment-14123 Chuck Tue, 08 Dec 2009 05:26:49 +0000 http://blog.rebeltraders.net/?p=9476#comment-14123 <strong>Folks, As I discussed in the video tonight (just posted) the comments relating to this article have been absolutely childish with the exception of a few. 1. The search metric data provided by Google is free. It is not politically biased, it is simple statistical analysis. To go and see for yourself here is the web address: http://www.google.com/insights/search/# The notion that Google will call a one person increase in search terms a 100% gain is just ridiculous. One has to understand some basics of statistical analysis techniques to appreciate what was presented. 2. Comments are for discussions pertaining to the article for which they attach to. 3. DC, TraderFeed has written some good books I'm sure in his days. No argument there. I fully agree that the study of trading psychology and sociology in general in mass is important for a full study of one self and of the market as a whole. A book that I have enjoyed is 'Trading In The Zone" by Mark Douglas. A well written book dealing with ones trading and understand obstacles that we harbor in the mind. My only argument about the TraderFeed site is that while he may be good with articles that pertain to the psychology of the markets, I don't find his analysis of the markets on a technical level to be very useful. It is my opinion that he stays fairly neutral about the market no matter what direction it is going. In 2007 he was still calling for a significant bull run when I had already declared a bear market was upon us. In the Spring of 2008 he expected the retracement to last throughout the summer while I on the other hand explicitly explained it was a bear market rally and it was ending. I don't disrespect TraderFeed, it is just that if one is going to be a technical analyst one has to actually form an opinion and not be all over the map. 4. The comments will be for friendly (and intelligent) discussions of articles. Healthy debate is good and I encourage it. But if comments descent into nonsense and even calling into question the abilities or intent of another commenter then you will be banned from the site. Posting comments here is a privilege, not a right. 5. If you have certain political views and/or market skills and you want to share with the world I encourage you to begin your own site. My site will not become a public graffiti wall of bashing others for their views of the market, political views, or even a free billboard for promoting other sites. When the RebelForums are revitalized, then that will be your place for open discussions, trade ideas that each and everyone of you share if you desire. But the comments section here are for intelligent discussions (pro or con) regarding the article to which they are attached.</strong> Folks, As I discussed in the video tonight (just posted) the comments relating to this article have been absolutely childish with the exception of a few.

1. The search metric data provided by Google is free. It is not politically biased, it is simple statistical analysis. To go and see for yourself here is the web address:

http://www.google.com/insights/search/#

The notion that Google will call a one person increase in search terms a 100% gain is just ridiculous. One has to understand some basics of statistical analysis techniques to appreciate what was presented.

2. Comments are for discussions pertaining to the article for which they attach to.

3. DC, TraderFeed has written some good books I’m sure in his days. No argument there. I fully agree that the study of trading psychology and sociology in general in mass is important for a full study of one self and of the market as a whole. A book that I have enjoyed is ‘Trading In The Zone” by Mark Douglas. A well written book dealing with ones trading and understand obstacles that we harbor in the mind.

My only argument about the TraderFeed site is that while he may be good with articles that pertain to the psychology of the markets, I don’t find his analysis of the markets on a technical level to be very useful. It is my opinion that he stays fairly neutral about the market no matter what direction it is going. In 2007 he was still calling for a significant bull run when I had already declared a bear market was upon us.

In the Spring of 2008 he expected the retracement to last throughout the summer while I on the other hand explicitly explained it was a bear market rally and it was ending.

I don’t disrespect TraderFeed, it is just that if one is going to be a technical analyst one has to actually form an opinion and not be all over the map.

4. The comments will be for friendly (and intelligent) discussions of articles. Healthy debate is good and I encourage it. But if comments descent into nonsense and even calling into question the abilities or intent of another commenter then you will be banned from the site. Posting comments here is a privilege, not a right.

5. If you have certain political views and/or market skills and you want to share with the world I encourage you to begin your own site. My site will not become a public graffiti wall of bashing others for their views of the market, political views, or even a free billboard for promoting other sites.

When the RebelForums are revitalized, then that will be your place for open discussions, trade ideas that each and everyone of you share if you desire. But the comments section here are for intelligent discussions (pro or con) regarding the article to which they are attached.

]]> By: WW http://blog.rebeltraders.net/2009/12/06/reality-bites-real-story-people-need-money-jobs-bankruptcy-lawyers-pawn-shops/comment-page-1/#comment-14119 WW Mon, 07 Dec 2009 21:24:58 +0000 http://blog.rebeltraders.net/?p=9476#comment-14119 Last time I checked, one had to pay to get the type of data purported to be delivered via these graphs. There are plenty of companies that make money doing just that. NOT something that is readily available to the average google searcher. I can type in each of the phrases but they don't yield data to build a trend with, just a bunch of "hits". Last time I checked, one had to pay to get the type of data purported to be delivered via these graphs. There are plenty of companies that make money doing just that. NOT something that is readily available to the average google searcher.

I can type in each of the phrases but they don’t yield data to build a trend with, just a bunch of “hits”.

]]> By: Karen http://blog.rebeltraders.net/2009/12/06/reality-bites-real-story-people-need-money-jobs-bankruptcy-lawyers-pawn-shops/comment-page-1/#comment-14118 Karen Mon, 07 Dec 2009 20:41:34 +0000 http://blog.rebeltraders.net/?p=9476#comment-14118 WW - How does one voice a political view by presenting facts? Someone presents some search metrics that are provided by Google. Chuck did not make them up, if you are so smart and wonder how this information can be obtained may I suggest you try , uhhhhhhh GOOGLE. How dumb can one be. Try searching Google for search statistics. If you guys represent the majority of men in this human race then we are doomed. WW – How does one voice a political view by presenting facts? Someone presents some search metrics that are provided by Google. Chuck did not make them up, if you are so smart and wonder how this information can be obtained may I suggest you try , uhhhhhhh GOOGLE. How dumb can one be.

Try searching Google for search statistics. If you guys represent the majority of men in this human race then we are doomed.

]]> By: WW http://blog.rebeltraders.net/2009/12/06/reality-bites-real-story-people-need-money-jobs-bankruptcy-lawyers-pawn-shops/comment-page-1/#comment-14116 WW Mon, 07 Dec 2009 20:07:05 +0000 http://blog.rebeltraders.net/?p=9476#comment-14116 To Matt: Make no bones about it, this blog is as much about expressing a political view as it is about investing. To Matt:
Make no bones about it, this blog is as much about expressing a political view as it is about investing.

]]> By: WW http://blog.rebeltraders.net/2009/12/06/reality-bites-real-story-people-need-money-jobs-bankruptcy-lawyers-pawn-shops/comment-page-1/#comment-14114 WW Mon, 07 Dec 2009 18:25:49 +0000 http://blog.rebeltraders.net/?p=9476#comment-14114 So where did Rebel Traders arrive at their results? Or are they unwilling to show their data? So where did Rebel Traders arrive at their results?
Or are they unwilling to show their data?

]]> By: Karen http://blog.rebeltraders.net/2009/12/06/reality-bites-real-story-people-need-money-jobs-bankruptcy-lawyers-pawn-shops/comment-page-1/#comment-14113 Karen Mon, 07 Dec 2009 17:10:44 +0000 http://blog.rebeltraders.net/?p=9476#comment-14113 WW - Unless you work for the Government and have a court order you will be unable to obtain raw data which would include IP addresses. This is a normalized statistical data set that Google provides. Here at Syracuse University we used Google search data in a research project last year and you can be assured that if only two people had previously searched for a phrase or word the data would not register. Normalized data provides a fairly reliable statistics study with all things considered. Search data is aggregated over millions of users without personally identifiable information, and is powered by computer algorithms. It will only shows results for search terms that receive a significant amount of traffic, and enforces minimum thresholds for inclusion. WW – Unless you work for the Government and have a court order you will be unable to obtain raw data which would include IP addresses. This is a normalized statistical data set that Google provides. Here at Syracuse University we used Google search data in a research project last year and you can be assured that if only two people had previously searched for a phrase or word the data would not register. Normalized data provides a fairly reliable statistics study with all things considered.

Search data is aggregated over millions of users without personally identifiable information, and is powered by computer algorithms. It will only shows results for search terms that receive a significant amount of traffic, and enforces minimum thresholds for inclusion.

]]> By: WW http://blog.rebeltraders.net/2009/12/06/reality-bites-real-story-people-need-money-jobs-bankruptcy-lawyers-pawn-shops/comment-page-1/#comment-14109 WW Mon, 07 Dec 2009 12:47:33 +0000 http://blog.rebeltraders.net/?p=9476#comment-14109 Were is the data to back this up? What are the raw search numbers over time for each graph? If ONE person performs one of these searches, and then a second person does the same search, that equates to a 100% rise. Not something to hang ones hat on though. Were is the data to back this up? What are the raw search numbers over time for each graph?
If ONE person performs one of these searches, and then a second person does the same search, that equates to a 100% rise. Not something to hang ones hat on though.

]]> By: dc http://blog.rebeltraders.net/2009/12/06/reality-bites-real-story-people-need-money-jobs-bankruptcy-lawyers-pawn-shops/comment-page-1/#comment-14107 dc Mon, 07 Dec 2009 11:31:38 +0000 http://blog.rebeltraders.net/?p=9476#comment-14107 http://www.marketoracle.co.uk/Article15580.html If you want a thorough breakdown of the unemployment figures, pls find the above useful link...by Mike Shedlock. http://www.marketoracle.co.uk/Article15580.html

If you want a thorough breakdown of the unemployment figures, pls find the above useful link…by Mike Shedlock.

]]> By: Paul http://blog.rebeltraders.net/2009/12/06/reality-bites-real-story-people-need-money-jobs-bankruptcy-lawyers-pawn-shops/comment-page-1/#comment-14106 Paul Mon, 07 Dec 2009 09:36:31 +0000 http://blog.rebeltraders.net/?p=9476#comment-14106 Chuck,can you overlay a graph of the governments unemployment data on your search charts? That would be cool to see. Chuck,can you overlay a graph of the governments unemployment data on your search charts? That would be cool to see.

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