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Techniques used by false prophets and charlatans
Prieur du Plessis (September 4th, 2009) Writes:
This is a guest contribution by Damien Hoffman, editor-in-chief of the very popular Wall St Cheat Sheet blog. Make sure to put this site on your must-read list.
Nouriel Roubini and His Acolytes
Following the incredible popularity of my post “Is Nouriel Roubini a False Prophet?“, I’ve decided to do a little introductory lesson for those more interested in avoiding charlatans …
Cold Reading is a primary set of techniques employed by phony psychics and market prognosticators. When cold reading, the primary objective of the sender is to ensure that the recipient perceives the statement/prophecy to be a hit. Here are a few classic techniques used by Ms. Cleo and Nouriel Roubini:
TECHNIQUE 1. The “Rainbow Ruse”: Indicate one trait
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Art Hogan;, blue car, charles kirk, chief investment officer at Johnson Research, chief market analyst, Chris Johnson;, Cleo Roubini, Damien Hoffman, Dan Genter, editor-in-chief, Energy Prices, expected retail traffic, Federal Reserve System, gas pump, Integrity Funds, investment postcards, Jefferies & Co. He, Jim Cramer, Market Commentary, market commentator, nouriel roubini, Peter Pan, Portfolio Manager, president, reading;, RNC Genter Capital Management, Robert Loest, speaker, Thanksgiving, to put this site, wall street
Art Hogan;, blue car, charles kirk, chief investment officer at Johnson Research, chief market analyst, Chris Johnson;, Cleo Roubini, Damien Hoffman, Dan Genter, editor-in-chief, Energy Prices, expected retail traffic, Federal Reserve System, gas pump, Integrity Funds, investment postcards, Jefferies & Co. He, Jim Cramer, Market Commentary, market commentator, nouriel roubini, Peter Pan, Portfolio Manager, president, reading;, RNC Genter Capital Management, Robert Loest, speaker, Thanksgiving, to put this site, wall street
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