Martin Armstrong asleep at the Wheel
There is a lot happening in the world right now, and one would think that Martin Armstrong would feel right at home where political and economic events are unfolding that fit beautifully in his larger theme of the implosion of governments and generally looming federal debt crises in multiple countries.
He has this model given to him by history of the Roman Empire imploding, with the process starting at the periphery, eating its way to the core. At least that is the theory that he has been telling us, his big theory.
One would think, that with his timing tools and so called models at his disposal, he would be beavering away to keep his prediction schedule, the dominoes as he would need to see them falling, up to date time wise. I would expect that he is keenly building and maintaining a schedule of Europe, Turkey, the BRICS etc. collapsing in a cascade like fashion, slowly, slowly, then accelerating.
Instead, however, I have read how he was lamenting about the Emerging Markets being in free-fall, something that nobody else would see, at the time when they were still rallying very much in sync with the US stock market and global markets in general.
I was frustrated when I missed the recent decline of the Turkish stock market. Then I decided that I needed to break free from Socrates and do something. Whatever. Do some scanning. I had to learn the rather odd but powerful thinkscript programming language for that. Had to struggle with bugs in that language.
See
https://stackoverflow.com/questions/56518594/how-to-create-a-variable-that-retains-its-value and
https://stackoverflow.com/questions/55778141/how-to-address-a-thinkscript-idataholder-array-in-a-scan. Shocking to be honest. The guy at AmeritTrade does not understand the issues - he does not even understand what a test case is and always wants to remove the code that I write to demonstrate a defect in their system.
Nevertheless, I got the scanning good enough and started to search for subtle declines across 40,000 instruments. Found a bank in Brazil BSBR Banco Santander that fits the pattern. A match of that pattern does not mean anything as I wrote earlier. But
if it is an emerging market bank,
and if its price is at resistance of an otherwise declining channel,
and if the timing is right, that is at least a signal that fits the bill in the greater theme.
I started reading articles about the Brazil economy, like the most recent one
https://www.aei.org/publication/bolsonaros-brazil-public-debt-peril/I have to admit that I am fairly clueless about trading. But if a dummy like me can do it, what about Martin Armstrong?
That kind of information in combination with pattern matches would help him to get his ducks in a row, at least while his Socrates system is way too stupid to get anywhere near this rather basic level of analysis.
But he is asleep at the wheel, missed this one again. Unless, of course, he reads this
Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.
Read this blog
starting here to find out more about computerized fraud.
See
armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.
Every single defrauded person should report their case, see
Where and how to complain