Topic: Martin Armstrong Discussion - page 55. (Read 647251 times)

I am just saying it seems unauthentic, saying the same phrases. It seems mechanical and like a troll. And I am all for not believing Martin, that is what I want.
So could you do me a favor be a little more organic?  

No I have not read, will read it.  

Why is it irrelevant, the model still forecasts the correction, it is not something Martin made the arrays, to conform to it.  I am still waiting for testing the model before I pay for his subscription, Gumbi should send me the numbers soon. I am noticed, will alter the settings, now.

Also I see, lot of people here regurgitate the same phrases, Martin is a charlatan, bla. bla.? What is going on here? We don't need that, explain in detail what you want to say.


I don't personally know why the Pi dates seem to be spot on. Maybe it is just a fluke but just from my experience. I have no explanation for 2001.695, especially the one in April 2010 pi date, and May in 2007, and  Goldman Sachs getting sued. So I thought if similar affairs repeat maybe the recent Pi date should conform to it, so I waited and watched for any news about Goldman. And we had yet again on the same day, 2018.895 Goldman Sachs getting sued again.
https://www.armstrongeconomics.com/world-news/corruption/goldman-sachs-going-down-on-the-pi-target/
Even though it may seem a minor incident, not having broader implications, it shows that there is some order in how affairs are arranged.

And I also need an explanation for the claims of Princeton accumulating transactions, a little over 1 trillion dollars, read it in FX street, this is not some random blog website.  So what is this about? Is this with trading transactions or some weird money laundering, scam going on? I am not going to follow Martin with blind faith. It is a possibility that Martin is a scammer and that he did, in fact, did the deed which leads him to 11 years of solitary confinement.

What do you want? If I had had the opportunity to view this site 10 years ago or so when I first read about Armstrong, when there were no critical sites like this one, then sure I would not have even looked at this crackpot.

Even this rather unstructured blog is loaded with facts that you can check. And yes, there is bla, bla as you say but that is opinion that you quote as credible. I am dealing only with facts not opinion.

Go and spend the time to read the facts and check them. I am here to help people like you and now you want to be spoon-fed?

Give me a break.

We are volunteers who aim to protect people like you and you are complaining.

The Wikipedia site is a good start. I can tell you it is not biased. Read the edit history of the Wikipedia article and you will see how many facts even were rejected because they do not meet the high quality standards. You have to have some patience. A charlatan like Armstrong is not an everyday occurrence - he spent decades to build up layers and layers of smokescreens. It takes time to unravel that. Have you read all 340 pages of this blog? Have you read all pages of armstrongecmscam.blogspot.com ?

Before you are complaining, DO challenge us. But not with bla-bla like you do. Quote one issue at the time. With links. That is the way to do it. Tell us where we are wrong. Otherwise you get what you deserve.

You are biased. You WANT to believe Armstrong and you are looking for confirmation. Perhaps you find another cult member who can do this for you. Ask Gumbi then. Did he not give you what you want?


Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting at page 273 to find out more about computerized fraud.


See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog

Why is it irrelevant, the model still forecasts the correction, it is not something Martin made the arrays, to conform to it. I am still waiting for testing the model before I pay for his subscription, Gumbi should send me the numbers soon. I am noticed, will alter the settings, now.

Also I see, lot of people here regurgitate the same phrases, Martin is a charlatan, bla. bla. What is going on here? We don't need that, explain in detail what you want to say.


I don't personally know why the Pi dates seem to be spot on. Maybe it is just a fluke but just from my experience. I have no explanation for 2001.695, especially the one in April 2010 pi date, and May in 2007, and Goldman Sachs getting sued. So I thought if similar affairs repeat maybe the recent Pi date should conform to it, so I waited and watched for any news about Goldman. And we had yet again on the same day, 2018.895 Goldman Sachs getting sued again.
https://www.armstrongeconomics.com/world-news/corruption/goldman-sachs-going-down-on-the-pi-target/
Even though it may seem a minor incident, not having broader implications, it shows that there is some order in how affairs are arranged.

And I also need an explanation for the claims of Princeton accumulating transactions, a little over 1 trillion dollars, read it in FX street, this is not some random blog website. So what is this about? Is this with trading transactions or some weird money laundering, scam going on? I am not going to follow Martin with blind faith. It is a possibility that Martin is a scammer and that he did, in fact, did the deed which leads him to 11 years of solitary confinement.

I've been following MA since at least 2013 and I have to say there's both good and bad in doing so.  I know alot are calling him a fraud and I've also met a few people who claim to have made alot of money trading using his system too.  I was highly skeptical myself and studied it extensively for my own curiosity like many others.  First, I can confirm from other sources that the system that MA made available to everyone as Socrates and the one he uses for himself are completely different.  Many people are duped into believing this which is unfortunate.  I also was hoping to get access to his famous buy/sell charts like this he posts on the blog occasionally but again never gonna happen (also confirmed).  So basically if you think you are going to get access to the actual program he uses by buying a Socrates service, I would urge you to save your money.  

I had the full service for Socrates when it came out in 2016 and did alot of work to see if the arrays and reversals actually did what they say they would.  After back testing everything I found that the daily and weekly (to a lesser extent) stuff was pretty much worthless.  The monthly was somewhat more accurate and the yearly was better still (I'm talking about the arrays from his system that he sometimes posts on the blog, not the public Socrates membership stuff).  MA has also confirmed in the past that the larger time frames were much more reliable than the shorter terms because the smaller time frames had large amounts of noise on them (this makes alot of sense in the age of electronic trading).  In general the arrays are confusing to use and the Socrates version available to the public is worthless for trading IMHO.  On the blog MA makes tons of claims about being right all the time and that it's always his computer making the calls but often you'll see in his writing that's he's making some subjective suggestions about outcomes based on his own personal logic.  For instance one of the documents he wrote in 2008 said we'd likely see US states starting to go bankrupt in 2009.  We know now that none have but some are getting close so the idea was right but the timing was off.  Did the computer predict that? Not likely.  I remember one call specifically in late 2015 that the DOW would crash the next week.  Nobody called that at all except him and the computer nailed it (I did very well on that one).  The 2015 WEC he also told everyone to short Deutsche Bank since they were in terrible shape over in Europe, again nailed that one too (that short has worked really well even to this day).  Then later in early 2016 he said the US dollar would continue to rise and gold would drop below $1000 (possibly even to $800).  I remember realizing the bottom in the commodities was in, USD had peaked and that MA's comments were just flat wrong.  I suspect he was using trading logic that if you shake both the long and shorts hard than that sets up a potential rally later.  That incorrect commentary even kept going while gold was skyrocketing and the USD tanked.  I was pretty pissed having missed that nice little run so it was at that point that I realized I couldn't rely on his system/commentary to trade and that I needed to create my own system.  I have now developed my own system which took some elements from his design (some parts I stumbled upon accidentally and they often match up quite interestingly with his reversals and trend lines) while incorporating other items I designed that greatly increase my trading efficiency.  Now I use his system/commentary more like an early radar warning to watch for things on my own system and my trading has improved substantially.  

To me there's no question that this guy is super smart and has learned very good trading instincts but just like anyone he's human and will inject his personal bias at times even if he says it's the computer.  The key is to be able to use it as a reference rather than using it as gospel to trade or you will lose money.  His macro level views are exceptional and I've yet to see anyone else even get close to thinking out of the box like he can.

This call for a correction in Jan 13th/18th 2020 IMO is irrelevant, the indices are so overbought I feel the weight on my shoulders, lol. Anyone who pays attention to markets can see a correction coming. Here's my prediction, the market corrects this week and/or first week in Jan.

 


 

He cannot publish the code because that would expose the fraud. That conspiracy theory that the government wanted his models is a clever smokescreen.

Why would the government be interested in his outdated computer programs and computers?  
Perhaps only because they needed to confiscate whatever looked like an asset but not for the intellectual property value of the programs.

Yes, the CIA wanted me to build a computer for them after our model predicted the collapse of Russia That the FT broadcast in advance on its front page of the second section. True I declined.

In addition to my prior post

It is more than a black box. It is a complex black box that monitors the entire world. It can see trends others cannot for it processes inputs on a multiple dimensional plane that just may be beyond human capability. You have to understand that a true deep learning machine is not a linear program that a human writes IF this THEN that ELSE do this. It has taught me to see what it sees, but it is not something that is a simple formula to achieve.

We will go public so it continues, but I prefer not to allow it to be sold to some bank or government who then keeps it for themselves. When I die, my explanation will be released, but not the code.

Notice the backtracking from @Gumbi?

I wonder if Socrates has forecast a class action lawsuit against MA in 2020? The US is a highly litigious country.

There likely will be a lot of retail investors nursing losses based on Socrates "predictions", from trading, through to needlessly selling their property - all based on an elaborate hoax.

Not to mention thousands wasted on conferences that just glorify blog posts, to reports that contain 99% irrelevant ramblings about history and a few pages that replicate the ambiguity of the blog posts...

No just don't know what the 3rd monthly bearish reversal was for the S&P500. an example of a trade based on the reversals would be to enter after the election lets say of a monthly bullish reversal with a big gap to the next you could enter and and close your position once the next monthly bullish is reached or exit the trade if the nearest monthly bearish is elected. that is your risk/reward ratio and this idea that it has to be right every time is also part of the problem.

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.

You are deflecting. The failed reversals were for S&P500, not the Dow. And the point still stands, there's always some other factor to negate a trade. I listed 29 such examples.

@nstrdms

 Regarding the Dow We elected two monthly bearish reversals and tested the third monthly bearish reversal  at 21600 all within the same month but never elected it, it's that simple what you are saying is that the market must retest the third monthly bearish at 21600 again for the second time which makes zero sense. The election of a reversal implies we can test the next one in this case it was 21600 which we already had done so within the month of December. Based on this understanding the reversal system has functioned exactly as one would expect.