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Topic: Martin Armstrong Discussion - page 160. (Read 647054 times)

jr. member
Activity: 59
Merit: 1
July 10, 2018, 03:46:10 PM
... The Monthly Arrays showed it to be in February. I can post the predictions and the dates for them. I can provide tons of correct calls with proof, for this year, if anyone wants to see them; they are available for pretty much any month. This includes not only timing, but Reversal numbers as well, which have shown to be accurate. There is also a place where I found a daytrading backtest that someone uses but I saw an article where both Armstrong and the questioner agree that although it is accurate, it is not meant to be used in that fashion. I do trade with real money with them, and his next prediction according to the Weekly Arrays is that, next week, the Euro should produce a high (on the weekly level) on an intraday or closing basis. The week after that, according to his Arrays, shows up as high volatility. The rising trend in Composite peaks next week and drops off the week after, lining up with high volatility...
I'm also testing his socrates with money, not much but a little bit. Half luck success so far. Where do you go to find the arrays part? I'm only on the free trial. I still don't fully know how to use socrates. Before I was reading the text each day, didn't really understand. Now I look at the colours each day. Even though it's monthly, I've noticed it changes during the month to whatever suits.

Socrates is not meant to be used like that at all. See this guide: https://imgur.com/a/XjmXL written by a reddit user. I remember taking it seriously after he was the only one who had posted proof of entering a short position through deeeeeeep OTM puts just after the late January gap down. Arrays are posted on the Private Blog


How much do you pay for it?

Im interested to see what he says about FAANG - is the bubble bursting soon?

Only 15 bucks a month! FAANG is not bursting anytime soon- in fact, it elected all 4 Bullish Reversals in March when it made new ATHs, and said therefore it would make new highs in the future. Lo and behold, new ATH's in June even in high volatility. In the long term it says that all the indices will reach new ATH's in a tremendous rally in the 2025-2026 period and we are not even close to being overbought (based on a different method based on worldwide relative capital flow. In any case, I am just trading on the weekly level so I don't care if he's right or wrong about that; things can change as it comes). It says that for now, we are just generally consolidating and we need to have patience. July is a Directional Change month as well as high volatility where the Dow might see a new low, where it might be possible to buy against the Monthly Bearish but we may still see an August rally. September has a high volatility reading so we may see a big drop if we rise into August. In any case, there is absolutely no indication yet that we are getting into a prolonged downtrend or recession at all. I don't know how many have been reading the Private Blog, but the arrays have been incredibly on point. As for Bitcoin, he says we may very well see a July low and bounce afterwards, even though he is not a Bitcoin bull as I understand. I have not seen [Suspicious link removed]ays though. The week of 7/16 sees some kind of high in the Dow. The week after has a high volatility reading and the week after that (7/30) seems like we can hit a low (intraday OR closing basis) in the Dow into another turning point. Therefore, my play would be to just wait until I see a high during the week of 7/16 as confirmation that the arrays are working properly, and then short on some kind of major resistance point (it does NOT need to be against a Bullish Reversal; it could be 'Key Resistance', for example) and then close it ideally on the week of 7/30. However, I trade options over futures so I'd prefer to close earlier due to theta; entry via nearest monthlies or biweeklys and close the position on a big drop is how I like to trade with those. I do believe the next week is likely green although entries are generally best on turning points themselves. If you read the recent Private Blog, he specifically said that critical support for gold was 1257 and if that gives way, the next point is 1238. I actually did play that one, because the arrays showed we still had time for a low. We were trading under critical support at the time. Gold dropped to a low of 1238.8- less than a point off the predicted number. I see this often. So, if you want straight buy/sell signals, it won't work, but if you piece together how the price points and things work, it can generate amazing results. I'll give you another recent example, please pull your charts out. Armstrong said we had a Directional Change for the week of 5/28. We had been consolidating in a range at that time. This warned that any breakout of any kind before that time was suspect- we indeed did see several false moves to the downside (armstrong mentioned several times in other posts that this provides fuel for the breakout in the opposite direction. You can also see this phenomenon in gold when it was at 131X and silver then it broke the downtrend line but did not close above it, trapping people in a bull position. That was when the metals dropped. I made tons off that short) before we made a breakout upwards. This uptrend lasted until the next turning point, which was 6/11. That was indeed the week we saw the high. You know the rest.

Hi bikefront,

So you think the DOW will be able to close above the weekly bullish at 24876? The composites were going up pointing to a turning point last week but price never made a lower low, not intraday or a close and actually closed bullish so timing wise it is confusing, wouldn't the bullish close last week mean a low this week following the arrays? or did the election of the bullish weekly make it move higher for now but there could still be a chance for it to close low this week?

I agree with you on the EURUSD to, I am waiting for price to reach the bullish reversal at 1.184 to sell off it.




legendary
Activity: 3108
Merit: 1531
yes
July 09, 2018, 12:34:28 PM
Looking at the subdued bounce upwards, I would consider reaching $8,000 in this snap back rally already quite a stretch. But July will probably be moderately bullish.
newbie
Activity: 20
Merit: 1
July 08, 2018, 09:09:21 PM
... Socrates is not meant to be used like that at all. See this guide: https://imgur.com/a/XjmXL written by a reddit user. I remember taking it seriously after he was the only one who had posted proof of entering a short position through deeeeeeep OTM puts just after the late January gap down. Arrays are posted on the Private Blog
Thanks for this link! I'll read it and learn it. I'm also taking Armstrong seriously when he called the top of bitcoin. When he called the bottom, I'm also following it. So far I think the bottom was at the end of June, so he's very accurate. I hear rumours that SEC removed barriers for ETF - so anybody can start ETF, the basic level. Not sure if it's real, but so far nobody's started yet so still following the news. I've found that article, its here: https://www.reuters.com/article/us-usa-sec-etf/u-s-securities-regulator-unveils-proposal-to-ease-etf-approvals-idUSKBN1JO2EV

Could be a winner, we'll see.
legendary
Activity: 2464
Merit: 1145
July 08, 2018, 02:33:45 PM
... The Monthly Arrays showed it to be in February. I can post the predictions and the dates for them. I can provide tons of correct calls with proof, for this year, if anyone wants to see them; they are available for pretty much any month. This includes not only timing, but Reversal numbers as well, which have shown to be accurate. There is also a place where I found a daytrading backtest that someone uses but I saw an article where both Armstrong and the questioner agree that although it is accurate, it is not meant to be used in that fashion. I do trade with real money with them, and his next prediction according to the Weekly Arrays is that, next week, the Euro should produce a high (on the weekly level) on an intraday or closing basis. The week after that, according to his Arrays, shows up as high volatility. The rising trend in Composite peaks next week and drops off the week after, lining up with high volatility...
I'm also testing his socrates with money, not much but a little bit. Half luck success so far. Where do you go to find the arrays part? I'm only on the free trial. I still don't fully know how to use socrates. Before I was reading the text each day, didn't really understand. Now I look at the colours each day. Even though it's monthly, I've noticed it changes during the month to whatever suits.

Socrates is not meant to be used like that at all. See this guide: https://imgur.com/a/XjmXL written by a reddit user. I remember taking it seriously after he was the only one who had posted proof of entering a short position through deeeeeeep OTM puts just after the late January gap down. Arrays are posted on the Private Blog


How much do you pay for it?

Im interested to see what he says about FAANG - is the bubble bursting soon?
newbie
Activity: 20
Merit: 1
July 07, 2018, 08:09:26 PM
... The Monthly Arrays showed it to be in February. I can post the predictions and the dates for them. I can provide tons of correct calls with proof, for this year, if anyone wants to see them; they are available for pretty much any month. This includes not only timing, but Reversal numbers as well, which have shown to be accurate. There is also a place where I found a daytrading backtest that someone uses but I saw an article where both Armstrong and the questioner agree that although it is accurate, it is not meant to be used in that fashion. I do trade with real money with them, and his next prediction according to the Weekly Arrays is that, next week, the Euro should produce a high (on the weekly level) on an intraday or closing basis. The week after that, according to his Arrays, shows up as high volatility. The rising trend in Composite peaks next week and drops off the week after, lining up with high volatility...
I'm also testing his socrates with money, not much but a little bit. Half luck success so far. Where do you go to find the arrays part? I'm only on the free trial. I still don't fully know how to use socrates. Before I was reading the text each day, didn't really understand. Now I look at the colours each day. Even though it's monthly, I've noticed it changes during the month to whatever suits.
full member
Activity: 350
Merit: 100
July 06, 2018, 11:58:16 PM
...

Martin Armstrong is a financial, well, forecaster might be the right term, who has written extensively on historical patterns of economics.

He has a checkered past (I know that he went to jail for contempt of court, but what I have read it seems that was an injustice), but there is no doubt that he has introduced new concepts for us to read and analyze.  While in jail, he produced a number of interesting papers looking at asset prices through history, including from ANCIENT history.  He is one of the few who looks at cyclicality (time patterns) as well as a MACRO view of the markets (that is, he does not look at the price of gold alone, he looks at everything else too -- with a supercomputer).

He is now out of jail and has set-up shop as a macro-consulting company.  On most days (including today, Saturday) he publishes a few easy-to-digest items looking at various issues of the day.  His blog:

http://armstrongeconomics.com/armstrong_economics_blog

What finally moved me today to start this thread is his post was his very interesting piece (from today) "Money -- Credit -- Debt & Derivatives".  It looks like derivatives are as old as money itself (maybe older!), take a look at the article:

http://armstrongeconomics.com/archives/31401

*   *   *

I have been in various threads here at the forum where Armstrong's material has come up.

I look forward to reading your views on his ideas, and his proposed solutions (also controversial).
Cause we all have a dream that they can do to become the future. Cause bitcoin is our cryptocurrencies are now is not true, typically don't think yes!! I support cryptocurrency not capitalism, the right to become a new comment your savings is invest it in a countries economy. I even the market
newbie
Activity: 20
Merit: 1
July 04, 2018, 08:31:11 PM
Quote
Can anyone talk to him and get him to understand his foolishness?
You can walk a horse to water, but you can't force him to drink.

I too saw that article and my blood boiled. You just have to let it go and think of him as a devils advocate. See his side of the story. Remember the story of Kodak and the digital cameras; telephone and the internet. What you see is an old industry going down the toilet and a new industry gaining power. Bitcoin will be like the internet and the old financial system will be like the telephone. The internet has caught up to money, and is taking over and improving it.

I don't know why Martin can't see it. Just let the man be. Nobody can be 100% correct. I have a feeling Martin don't really understand what bitcoin is about. That's why he thinks the way he thinks. He is very old school in his thinking. He thinks the current system will stop bitcoin. What he don't understand is the current system CAN'T stop bitcoin, and bitcoin will make the current system whither and adapt to the new system.

It's not insanity, or foolish pride - I believe it's just his version of reality. He hasn't understand what bitcoin is, and that's why he's the way he is. Hopefully he'll understand one day, that you don't need to convert bitcoin to fiat and that's a whole new system.
legendary
Activity: 2464
Merit: 1145
July 03, 2018, 10:46:19 PM
Anyone of you guys following syscoin on binance? lol

Welcome back shelby Smiley
legendary
Activity: 2044
Merit: 1005
June 30, 2018, 09:58:13 PM
Quote
if he studied history so much and was so smart he would have foreseen the epochal shift towards trustlessness and associated with the ecm model where trust gets away from central bodies like governments. He surely must have seen it from.a mile away when he first read about blockchain? Maybe hes not that smart. I would think he would be a large advocate for crypto knowing what he reportedly knows.
Everybody can't be smart at everything. I don't know why he can't see it coming. I asked him to do an analysis on the history of money, and when's the next turning point of money - He hasn't replied. I think he's just really busy with his current work, and bitcoin doesn't interest him as it's new. He's more into history as that's his passion.
so it just makes him one less person to put any time an effort into
newbie
Activity: 20
Merit: 1
June 30, 2018, 08:14:31 PM
Quote
if he studied history so much and was so smart he would have foreseen the epochal shift towards trustlessness and associated with the ecm model where trust gets away from central bodies like governments. He surely must have seen it from.a mile away when he first read about blockchain? Maybe hes not that smart. I would think he would be a large advocate for crypto knowing what he reportedly knows.
Everybody can't be smart at everything. I don't know why he can't see it coming. I asked him to do an analysis on the history of money, and when's the next turning point of money - He hasn't replied. I think he's just really busy with his current work, and bitcoin doesn't interest him as it's new. He's more into history as that's his passion.
newbie
Activity: 20
Merit: 1
June 29, 2018, 09:51:34 PM
@Anonymint I think your last sentence is harsh "If your Socrates computer is unable to pick up on this epochal shift then there is something deficient in your algorithm."

I agree with most of your thinking, but don't talk bad about Socrates. Martin is doing his best to get his Socrate to roll out with the new version. DONT knock Socrates.

Socrates: ...software-as-a-service platform providing access to charts, potential trends and unique perspective intended to educate users on the impact of capital flows, political events and cyclical patterns have on global economies and financial markets.

Also, Martin is entitled to his opinion. He states many times he is not the answer to everything. That's why he created Socrates, so the computer states what the facts are.

I disagree with Martin with regarding Bitcoin. I think Bitcoin is the future, but it's still in it's early stages, and you don't know what will happen in the future as this is a completely new technology. Martin putting bitcoin into Socrates is a great indicator. At least Martin is keeping an eye on it now. Let him have his opinion, but keep your cools.

Regarding Martin's Readers, let them follow Martin the way they want. I agree with you that Martin should be talk about bitcoin in a better light, but Martin is old school. You can't convince everybody about bitcoin. They will learn in their own time.

Summary: I agree with you regarding bitcoin and the future, and even on decentralised ledgers. I really do agree with you, and I believe you are right, you're spot on the money. But you are really harsh against Martin, why? He is entitled to his own opinion. Martin is old school, even if he is a programmer, I dont think he understands what bitcoin is all about, but you don't need to trash the guy so much.
legendary
Activity: 2912
Merit: 1852
June 22, 2018, 12:40:26 PM
Any of you (Traxo?) who still might be in contact with him, please pass along my best wishes.

Best wishes reciprocated:

https://bitcointalksearch.org/topic/bitcoin-price-will-hit-250000-in-2022-4480392

https://bitcointalksearch.org/topic/wall-observer-btcusd-bitcoin-price-movement-tracking-discussion-178336

The knowledge age is a decentralization phenomenon which thus lowers political complexity.

[…]

Relatively speaking @r0ach, you will be slaughtered over the next decade if you don’t sell that tinfoil and buy crypto. Crypto maximalists do not like gold and silver anymore.

However, Armstrong claims we’re also in the third instance of sixth 309 year wave with declining solar output and civilization collapse ahead:

2032 - How Hard Do We Fall?


Merited.  Your material has always been of high quality and of real intellectual interest.

Even if I like gold as well as my BTC and BCH!
legendary
Activity: 2912
Merit: 1852
June 19, 2018, 08:35:04 PM
...

Been away from bitcointalk for a while because of our move which has been very complicated and burdensome.

I am pleased that anonymint has been active in exploring his ideas as well as debating Armstrong. 

Does our man S. still agree with much of Armstrong's other ideas?

Any of you (Traxo?) who still might be in contact with him, please pass along my best wishes.
newbie
Activity: 30
Merit: 0
June 01, 2018, 08:24:31 AM
It is beneath documented since the folks do not already realise they are Marxists, it is the norm.Â
sr. member
Activity: 1316
Merit: 356
May 31, 2018, 09:16:18 AM
I like Martin Armstrong discussion because it talks about the way they've do and fight what is right and its very promising and interesting. I hope some people will do the same way that's very nice statement. As much as i know there are many blogs that martin do but i don't know where to look it. If you want more update about him then you can study and research it.
hero member
Activity: 568
Merit: 703
May 31, 2018, 07:52:10 AM

And he wrote another blog comment about Armstrong's most recent statements about cryptobugs:
https://steemit.com/cryptocurrency/@anonymint/re-anonymint-re-goldgoatsnguns-re-anonymint-re-anonymint-re-anonymint-bitcoin-rises-because-land-is-becoming-worthless-20180530t072709599z

Armstrong doesn't forsee the epochal shift away from tangible assets.

@anonymint wrote another blog comment about Armstrong's most recent statements about cryptobugs.
Seems Armstrong is very pissed off by @anonymint’s recent rebuttals?

https://steemit.com/cryptocurrency/@anonymint/re-anonymint-re-anonymint-re-goldgoatsnguns-re-anonymint-re-anonymint-re-anonymint-bitcoin-rises-because-land-is-becoming-worthless-20180531t114147360z
legendary
Activity: 3038
Merit: 1660
lose: unfind ... loose: untight
May 30, 2018, 06:55:18 PM
as per armstrong, Bitcoin can never become a “world currency” for it is highly questionable whether or not any electronic form of money can become a true “world currency” when more than half the world does not even have a bank account.

Can you say non sequitur? Sure. I knew you could.
hero member
Activity: 568
Merit: 703
May 30, 2018, 03:50:28 PM
@anonymint has split the recent blog into two parts because it exceeded the maximum length in bytes of a Steemit blog.
Part 2 now has a more complete explanation and analysis of how Byteball works which was extracted and improved from his CRED 2016 whitepaper rough draft.
Also an analysis of Hashgraph will be added:

https://steemit.com/cryptocurrency/@anonymint/scaling-decentralization-security-of-distributed-ledgers-part-2

And he wrote another blog comment about Armstrong's most recent statements about cryptobugs:
https://steemit.com/cryptocurrency/@anonymint/re-anonymint-re-goldgoatsnguns-re-anonymint-re-anonymint-re-anonymint-bitcoin-rises-because-land-is-becoming-worthless-20180530t072709599z

Armstrong doesn't forsee the epochal shift away from tangible assets.
legendary
Activity: 2044
Merit: 1005
May 29, 2018, 06:42:27 PM
he should review my dag implementation in syscoin called zdag
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