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Topic: Martin Armstrong Discussion - page 49. (Read 647015 times)

s29
jr. member
Activity: 184
Merit: 8
January 17, 2020, 01:28:59 PM
I had another recent one: his bearish calls on saturday 24 August, just between the Trump Trade Tweet on Friday and the futures at lows on the Monday after that.

https://www.armstrongeconomics.com/international-news/china/china-v-us-trade-war/

Quote
China v US Trade War
Blog/China
Posted Aug 24, 2019 by Martin Armstrong

The way the markets respond to every issue with trade is really over-kill. But the market is in a bearish mode as the Economic Confidence Model heads into its business cycle low come January 2020.



Why does he tweets bearish things after already such a huge decline, while if he's such a pro, he must know that these are setups for huge (counter)rally's, and he's confusing traders with comments like that (probably lots of Armstrong-blog readers sold on that Monday or gone short, and/or didn't buy anything for this huge rally). Whether his prediction still comes to fruition before February 2020 or not, Marty always seems to be a complete idiot on short time timing.

This was the last trading day before the ECM date.

Update:



Armstrong missed a 500 point (!) rally (or at least his readers) in the S&P 500 in just 5 months time if they listened to him then.
s29
jr. member
Activity: 184
Merit: 8
January 17, 2020, 01:16:30 PM
https://www.armstrongeconomics.com/armstrongeconomics101/ecm-armstrongeconomics101/ecm-updates/

Quote
ECM Updates
Blog/ECM
Posted Jan 17, 2020 by Martin Armstrong



We will be providing updates this weekend given the ECM turning point, which appears to be extremely involved from Trump’s impeachment, Russian Constitution changes, to markets making new highs or lows. It is very interesting to see just how active this turn has become. Of course, we have only two 8.6-year waves left before the major change comes in 2032.

So we will be making posts this weekend tailored to each level of service.

LOL, Marty is already congratulating himself with "being so right with the ECM date", "because so much is happening".

- Trump's impeachment; because the Democrats wanted to impeach Trump since the day he was inaugurated? Shocking.
- Russian Constitution changes; because Putin, the de facto leader of Russia since 2000, wants to rule a few more years? Shocking.
- Markets making new highs or lows; because the stock markets making new highs after making new highs years after years? Shocking.
jr. member
Activity: 85
Merit: 8
January 17, 2020, 12:12:07 PM
I disagree that it is exceptional- Martin Armstrong has so many ways of being right that it becomes useless. I call it the Gann fallacy: https://images.exchangerates.org.uk/uploads/012319gas.png So many ways to be right isn't a good thing. He also hyped some date last year and then when nothing happened, he talked about some insignificant corruption that happened in Malaysia, which has never been a big player on the world stage.


I didn't say MA is exceptional, I only said it would be exceptional if you had reliable timing for events/moves (either up or down).......we are not in disagreement at all.  Yes I have seen him countless times come in after the fact and stating all sorts of reasons why he was still correct.  His ECM and arrays stand alone so if they work then it should produce an event on that date, if not then obviously it doesn't work.


I have been active again on these boards in recent months in the run up 2020.05 = 18 January, 2020.

That day is tomorrow.

Countless examples exist where MA explains on his blog that the ECM has predicted things "to the day". See:
https://www.armstrongeconomics.com/armstrongeconomics101/ecm-armstrongeconomics101/welcome-to-the-pi-target-day-2018-89/
https://www.armstrongeconomics.com/models/7219-2/
https://www.armstrongeconomics.com/future-forecasts/ecm/the-difference-between-2020-and-2032/
https://www.armstrongeconomics.com/armstrongeconomics101/ecm-armstrongeconomics101/the-ecm-turning-point-here-in-november/
https://www.armstrongeconomics.com/world-news/war/did-the-ecm-pick-the-target-to-the-day-being-syria/


Also, unlike many on these boards, I have attended the WEC, Orlando, in 2018. And at MA's "infamous" hors d'oeuvres he actually said, directly to my face in conversation, that his:

ECM predicts things to the day, which goes as far back as the 1987 stock market crash.
(Not his exact words, but more or less verbatim)


So now we have a date and the ECM is - supposedly - able to predict things exactly to the day.

Let's see what happens by midnight tomorrow in Samoa, which will be the last country on Earth to hit midnight by time difference. MA has explained something should happen in the "periphery" of Europe:
https://www.armstrongeconomics.com/international-news/europes-current-economy/europe-how-bad-can-this-get/


If nothing happens, much like 2015.75, which MA predicted would be an economic crash, or at least 4 years of economic decline, where in fact it was inflationary, then I think the jury is out on him.

It will confirm he is not a great economist and nor will history remember him as one. He is instead a great snake oil salesman, who is an expert in human psychology. He does not run an economic research firm frequented by government and institutional investors. He runs a publishing business aimed squarely at retail investors where (I theorise) his plea deal means he cannot engage with professional investors.


It also explains why his prophesied "day of Armageddon" occurs in 2032.

By that point, MA will be aged 82 and the probability of him still being alive to explain to his cultish following why 2015.75 occurred again (read: nothing) is slim. Even he himself writes about how much time he has left on this planet.

Thus he gets to avoid any awkward questions or criticism. Corpses don't answer to anyone.


All eyes are on tomorrow.
newbie
Activity: 62
Merit: 0
January 17, 2020, 11:24:32 AM
I disagree that it is exceptional- Martin Armstrong has so many ways of being right that it becomes useless. I call it the Gann fallacy: https://images.exchangerates.org.uk/uploads/012319gas.png So many ways to be right isn't a good thing. He also hyped some date last year and then when nothing happened, he talked about some insignificant corruption that happened in Malaysia, which has never been a big player on the world stage.


I didn't say MA is exceptional, I only said it would be exceptional if you had reliable timing for events/moves (either up or down).......we are not in disagreement at all.  Yes I have seen him countless times come in after the fact and stating all sorts of reasons why he was still correct.  His ECM and arrays stand alone so if they work then it should produce an event on that date, if not then obviously it doesn't work.
newbie
Activity: 62
Merit: 0
January 17, 2020, 09:49:14 AM
Spot on anonymous
Notice he’s Quoting  the 30k figure so he can come out and say it’s a low if it keeps going and if it pulls back he won’t bring up the 30k figure he’ll just go on about how good Socrates is and his ECM date
Each way bet in a 2 horse field

I don't care if it is a high, a low or even a change in slope, just being able to time a market event/move would be exceptional (you can use other means to figure out what that move might be if you have timing right).  So to me if the cycles do work then something should be occurring on that timing without exception (tons of exceptions means your rules don't work).  So again if it actually works you should be able to see something on that date, if not, then probability says we are likely talking about a broken clock being right twice a day.
newbie
Activity: 20
Merit: 0
January 17, 2020, 01:36:07 AM
Spot on anonymous
Notice he’s Quoting  the 30k figure so he can come out and say it’s a low if it keeps going and if it pulls back he won’t bring up the 30k figure he’ll just go on about how good Socrates is and his ECM date
Each way bet in a 2 horse field
member
Activity: 580
Merit: 17
January 17, 2020, 12:45:08 AM
Well this market better tank down HARD next week or his entire reputation is on the line

Well, either way Martin Arstrong can always claim he was right because the condition technically is that it would need to be a CONFIRMED HIGH. To be a CONFIRMED HIGH, the price has to go down after it otherwise the high would be later or undefined in time.

Here is another projection of the same event made via Personal Message:

... and If we do make a high in January(price target 30k) the week of January the 13th on the Dow this could be a great short opportunity with a sharp drop going into the 1st quarter 2021. You have never traded in line with the ECM(TIME) and the reversals(PRICE) and I have come to the conclusion that it is the best strategy this model has to offer but these major turning points only come ever 4.3 years so we have 2020.05 and then next is 2024.35 as the next major turning point.

I am referring to the Self-fulfilling Financial Forecast effect where our Hindsight Guru can claim that he was right regardless. In other words it is not even a forecast. It is bullshit.


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
jr. member
Activity: 61
Merit: 1
January 16, 2020, 05:43:48 PM
Well this market better tank down HARD next week or his entire reputation is on the line
newbie
Activity: 6
Merit: 0
January 16, 2020, 07:38:40 AM
MA is desperately trying to align whatever he can find news wise to coincide with his dates and then blurt out see I was right again
Never in advance always in hindsight
Rear vision Marty looking where he’s been to guess where he’s going

In France we have a saying : "Prevision is hard, mainly when it concerns the future !"  Grin
newbie
Activity: 20
Merit: 0
January 16, 2020, 01:38:05 AM
MA is desperately trying to align whatever he can find news wise to coincide with his dates and then blurt out see I was right again
Never in advance always in hindsight
Rear vision Marty looking where he’s been to guess where he’s going
jr. member
Activity: 80
Merit: 1
January 16, 2020, 12:09:20 AM
The company which manages the subscription to the posts is being changed. We are tired of arguing with them that their product is seriously flawed. For some UNKNOWN reason some people are just dropped arbitrarily. It has even happened to me personally.

Every effort we have made to get them to address the problem is met with an endless string of excuses. We are making an effort to move everything to a different vendor.

The AI cant even fix the email system lol, but don't worry gumbi alex marty, it can forecast markets  Cheesy Grin Grin Roll Eyes

The dates......they are a changing right in front of my very eyes lololol

Trump Impeachment Trial into Week of Feb 10th?

Come one sharky marty......give us a forecast......ok ok will wait for it to actually take place then you will say that was easy to forecast lol.

Nonsense of the highest order, should be reported the trading standards in the USA.
member
Activity: 580
Merit: 17
January 15, 2020, 10:41:34 PM


Dummkopf!

... I just love these factual discussions. They are amazing Cool

So let's get's some facts again. Has all been provided here before. but for Dummkopf who cannot remember facts we are showing it again (because we are only interested in facts here):


See

Notwithstanding any disclaimers of not providing trading or investment advice - what matters here is the claim of the performance of the models which is the foundation of the products and services that are sold as merchandise to clients.


As previously said, Gumbi's and cohorts' posts get replied to in a way that will remind them of the context in which we showed him that he is a charlatan.

Let him be reminded again that we have a model case where this behavior is documented in much detail. It actually saves time and effort to repeat this as opposed to wasting the time trying to argue this same type of thing without end.

Whatever smokescreen Gumbi and cohorts are coming up with now, they get this reply. I know Gumbi just wants this message to go away but I am not going to do him the favor. I am just not taking his baits for more nonsense any more.

The pattern is the same again and again: Pick one of the ambiguous conflicting Socrates signals in hindsight to argue the case. For us, there is no need to formulate a custom response to that. We use this model case as a standard response reply to show what these charlatans are doing.

I have an obligation to spread the message for the honest people, and as painful as it is for me, I am going to persevere until the Armstrong promoters shut up. So they are warned. The honest people have all the facts on their side.


AnonymousCoder"Quarterly reversal time unit is one quarter. Gold rallied before the quarter was over and no other signal in the opposite direction was available to indicate change of direction.

The time span is 1 to 3 units in time so the quarterly bearish reversal had 1 to 3 quarters before time was up.

Armstrong wrote on his private blog on the first of March our quarterly level of the model generated a bullish reversal at the end of the year reversing its short position and going long. This also signaled that gold would rally from the $1060 area and should test the next bullish reversal at the $1347 level."

Not sure if you are aware or not but you are losing this discussion. Kiss

Here we go. You are providing the proof of my assertion yourself!

Hindsight, Fraud. This hindsight message is fraudulent misrepresentation of performance, pure fraud!
Now here you are saying, and I know you are speaking for Martin Armstrong, that


Martin Armstrong had this information, this bullish signal, the fact that his model went long - at the end of the year - but at the same time failed to tell his clients?

In fact he sent the opposite signal to his clients at the time!

If he knew this at the time when he claimed the system went long, and let's assume for the sake of argument that what you say is true then he could have been trading against his clients because he published this signal only three months later.

You are not worth the respect of a single honest being on earth! You are a fraud!


And yes, I have all the reports. How could I otherwise quote them? I have everything!

More importantly, all other people who lost, they have everything as well.



Here is a detailed time line of the events:


Quarterly Superposition Event in Gold 2015


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
newbie
Activity: 133
Merit: 0
January 15, 2020, 07:53:12 PM
accuracy
MA and Socrates doesn’t work it’s a shameful scam on innocent people who have been conned out of there money
Is that accurate enough

yeahhhhhhh, icredible f..in accuracy madness!!!  Shall we tar and feder him tonight!?!!?!?  COME ON!!!
I just love these factual discussions. They are amazing  Cool
newbie
Activity: 20
Merit: 0
January 15, 2020, 07:19:24 PM
accuracy
MA and Socrates doesn’t work it’s a shameful scam on innocent people who have been conned out of there money
Is that accurate enough
newbie
Activity: 133
Merit: 0
January 15, 2020, 06:42:36 PM
The argument was originally not about refunding but about accuracy and this is my main point
newbie
Activity: 20
Merit: 0
January 15, 2020, 06:31:48 PM
You and MA are the problem
How does MA justify selling something that he then states is flawed but doesn’t offer people there money back or compensate them.
Any decent company or individual would offer to compensate or refund people’s money
The system doesn’t work you know it and he knows it but the scam is too lucrative to stop

newbie
Activity: 133
Merit: 0
January 15, 2020, 06:13:43 PM
Same thing happened to me. When I noticed, I asked  for a refund.

That is the problem with you. It tells you there in a big red banner from day 1 but you simply ignore it  because of your greed. And then you complain afterwards.
It's just amazing how ignorant people can be. But  don't worry, you are not the only one....
jr. member
Activity: 61
Merit: 1
January 15, 2020, 01:48:49 PM
That is the ultimate business model. If you are wrong, you are right,  and if you are right you are right... lols

And if things don't sell off...the term "cycle inversion" will be used or that this date marked the "start of something"
jr. member
Activity: 100
Merit: 1
January 15, 2020, 11:18:20 AM
And if things don't sell off...the term "cycle inversion" will be used or that this date marked the "start of something"
That could well be. Like he did in 2015.
We shall see.
newbie
Activity: 18
Merit: 0
January 15, 2020, 10:53:15 AM
Marty just released a new private blog on 15/ January as we approach the ECM date. Anyone know what is the deal here. Another of his diffusive forecasts? Which is technically correct if you thrown in the "cycle inversion" terms.
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