Well, hopefully someone generous on this forum will post the Private Blogs. They DID have some specific numbers and analysis of the arrays which, when I had access, were helpful in conjunction with my OWN system (Bike would agree).
Funny how he's giving Socrates credit for the Biogen drop - but he did clarify that the GMW is to be used with reversals and arrays and whatever else you're doing to give you more conviction with your trade. Maybe we expect too much from Socrates - there will NEVER be a perfectly working computer that says "buy here sell here". If his system is a good TOOL then he should market it as such. It surely isn't the end all be all and from what I've heard/seen it isn't some magical perfect system...which brings into question his claim that he went to jail because "the government wanted the source code".
He may seem like a sleazy salesman from NJ, but he apparently has influence around the world, not everywhere but in some places, and I do believe he is extremely gifted in economics, history, and law. Just not 100% buying that Socrates is predicting the world and it's worth $150/mo for vague analysis and shifting goalposts.
Anyway, since we don't have the private blogs, I'm curious what you guys think is going on in the market. I was doing chart studies today and see a double bottom basically everywhere about the end of Oct and the beginning of Jan. Now we're reaching serious breakout levels. I'm wondering if hard BREXIT will actually happen and the melt-up is the foreign money buying shares. Today, Apple went up nearly 4%. SOXL is about to retest ATHs. Foreigners buying US stocks, I'd assume, would go after the big names and the big tech companies first.
Should we be buying tech/semis and ride this wave? Is this what the Private Blog was about? Maybe foreigners are pouring into the US in anticipation of the May elections and the bleak outlook for the EU? Or, conversely, are we being faked out by the surge we've seen lately?
Look forward to your insights and please keep this board alive. For the love of God can someone PLEASE give us the Private posts?
I just saw Armstrong's post on biogen today. Look closely at the reader's words :
https://www.armstrongeconomics.com/armstrongeconomics101/training-tools/how-can-socrates-forecast-the-biogen-crash-today/"high close sharp drop coming"
First of all, I'm almost certain that it's not straight from GMW. I have NEVER seen such coined words ("sharp drop coming") from GMW. Then, WHY didn't the reader use the "coined" words from GMW, such as "temp high", etc. I have read many many forecasts from GMW, and the forecasts will continue to change until the given time period is closed. So before the market has a daily/weekly/monthly close, the "forecast" for that given period from GMW is essentially useless, because it requires a closing price.
Now, if you look at how this reader is so adept in combining different tools from Armstrong, he is either Armstrong himself, or someone who really knows how to use Armstrong's tools.
Nevertheless, IF the combination of Armstrong's tools can generate profitable forecasts, AND Armstrong is NOT combining them to generate buy/sell signals, then that still only means one thing: it does NOT work consistently to generate profits over time.
Imagine with his software programming skills, he should have already combined all these different tools and generate all the flash sell/buy signals, and simply sell that constant stream of information to any hedge funds for huge profits.
But he is NOT doing that.
With his "reputation" and his programming skills, Armstrong should have been a billionaire many times over long time ago (via leveraged bets), and Forbes would have listed him as one of the richest person.
Oh, I can tell you why Armstrong is not doing that. Because he is doing a "public service", and he is very "charitable", and he doesn't want to take lots of money from subscribers, but ather making them huge profits. Is that correct that all of you are earning lots of profits from your trades, without resorting to your own personal "better" systems?
