Really Twisted

Operation "Twist" aptly describes trying to make sense of all the data that could possibly indicate the direction of the risk. Signals are really twisted, and it is the Fed's job to make sure that signals are clear and decisive in order to instill market confidence.

Market confidence is dependant on confidence in the indicators. If you can direct the risk, as previously discussed, you're pretty confident about the direction of the risk. Everybody else, however, is determined by the direction of the risk rather than determining its direction (which is the difference between alpha and beta risk). Determination of one's self is reduced to a class distinction (which results in accumulation of gamma risk where confidence--predictive utility--gains the force and legitimacy of public authority, or the public trust).

It is readily apparent, self-determination is a function of class, and preventing class warfare is a function of self-determination. If as a matter of technical legitimacy we are, on the one hand, selfishly bound to our own determination, and the measure of its attainment is, on the other hand, the power to selfishly determine the fate of others, then we are presented with a rather twisted, philosophical conundrum at the root of technical analyses that determine a random walk into the next crisis of non-attainment.

At the root of an apparent spurious and confounding variability is really a twisted philosophy of risk that always begs the question.

It is hard to be confident when the predictors always beg the question.

If we want to reduce anxiety (the risk inherent to class) it is necessary to reduce risk to the alpha proportion from the gamma dimension where the risk of loss is fully assumed without question.

It's time for a really twisted turn of self-determined fate that really makes sense.