AnonymousCoder
"End of year 2015 we elected a bearish quarterly reversal, right? Total failure. The market rallied."
Since its a quarterly bearish reversal it is a long term sell signal so the market can rally in the short term and that is exactly what happened...
Topic: Martin Armstrong Discussion - page 67. (Read 647257 times)
Note I updated the blog with another Martin's post, because one of the comments referenced that post: ?
Jul 23, 2015 Gold https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-it-aint-over-until-the-fat-lady-sings/
He also bolded the following quote
Quote
"Investors are running out of reasons to own gold.
All this talk on your blog about your impressions and interpretations ?from reading his public blog and whether Armstrong was bullish or bearish is completely meaningless because you only trade on reversals that is the only thing that can tell you the direction.
So if anyone was trading on anything other than the reversals was bound and deserved to lose because this has been repeated by Armstrong for decades, to only trade the numbers.
Now I am telling you that unlike what you are trying to tell us, we have:
Fact number 1)
The only thing that reversals FAIL TO DO do it show direction.
And here is the proof:
If reversals would show direction, then the same would apply to any other trend following strategy e.g. stop-loss order based.
Obviously that is not true otherwise we would all be rich.
A set of reversals is no more than a fairly stupid trend following device based on 4 orders with stop-loss orders.
Again, another real market situation proof, and yes, it is Gold again:
End of year 2015 we elected a bearish quarterly reversal, right? Total failure. The market rallied. So you would need to trade against this reversal to prove that reversals show the direction. How stupid is that? According to your non-sensical statements, this should not be possible.
And before you refer to other signals, no my friend, this was the only signal available to Armstrong's clients at the time.
And if in fact there was any other bullish signal as you might wish to claim, that would be bullshit once again because nobody, including Armstrong himself, had such a signal. Otherwise, Armstrong would have sent a bullish message not bearish blog posts.
Well, my friend, you are trying to tell us that all these dozens or even hundreds of people in this blog and elsewhere, those who have the facts and disagree with you, are wrong, and you are right. Nobody else except perhaps one or two other close Martin Armstrong associates agree with you - that is fact number 2).
Now you have this thing that all others are wrong and you are the only one who is right. Why? Because it is you, you, you, and nobody else is like that. Very much like Martin Armstrong I must say.
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.
you only trade on reversals that is the only thing that can tell you the direction.
Apparently readers did not have that impression, which is my point. Thus they lost money.So if anyone was trading on anything other than the reversals was bound and deserved to lose because this has been repeated by Armstrong for decades, to only trade the numbers.
So you confirm he was bearish, although there was no public official "trading advice".
I'll let the readers decide.
Note I updated the blog with another Martin's post, because one of the comments referenced that post:
Jul 23, 2015 Gold https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-it-aint-over-until-the-fat-lady-sings/
He also bolded the following quote
Quote
"Investors are running out of reasons to own gold.”
All this talk on your blog about your impressions and interpretations from reading his public blog and whether Armstrong was bullish or bearish is completely meaningless because you only trade on reversals that is the only thing that can tell you the direction.
So if anyone was trading on anything other than the reversals was bound and deserved to lose because this has been repeated by Armstrong for decades, to only trade the numbers.
Note I updated the blog with another Martin's post, because one of the comments referenced that post:
Jul 23, 2015 Gold https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-it-aint-over-until-the-fat-lady-sings/
He also bolded the following quote
Quote
"Investors are running out of reasons to own gold.”
Gumbi, I have to ask you a question which is very troublesome to me. You have claimed over and over again to never go by MA commentary and only the reversals. That statement is very disturbing since the reason MA set up 3 services, Investor, trader and Active trader( Pro version) for the different way people approach investing, sort of, what suits your needs. So here's where my jaw hit the floor, the investor level gives nothing but commentary, no reversals, not arrays and no energy, even in the computer generated report there is no reversals and arrays on monthly levels. So if what you are saying is correct subscribing to the investor level you just get to hear MA OPINION and is a waste of money. Just to be clear I've given my opinion on Socrates many, many pages ago and have been investing/trading since 1998. Very active at first to swing trading and now buy and hold with a very close eye out so the investor level was fine for me at this point. I found it useless and no longer subscribe but making that statement and claiming the pro version is the only viable choice at $150 a month is the very least disturbing and MA not being straight forward.
I remember the summary analysis being like what you described with very little information but that has changed.
I uploaded a current copper futures summary analysis, see link below. Commentary on reversals are included in this report and turning points(array)
https://imgur.com/a/GrhGH6D
critical support and resistance is all you need.
Energy is not available (and not required) on the investor level.
Energy is not available (and not required) on the investor level.
Alex lololol, you are hiding the numbers on the previous post as if they actually have any relevance. Marty posts so many different numbers it would be impossible to tell which one is actually a key number.
You could instead just use the monthly open and close and quarterly open and close and save yourself 150 a month. Throw in the pivot level for both and that would be a better set of numbers than Marty could give you.
critical support and resistance is all you need.
Energy is not available (and not required) on the investor level.
Energy is not available (and not required) on the investor level.
What is NOT troubling with Socrates?
Nothing. Everything is equally troubling.
At some point I was frustrated with the high number of failing weekly reversals.
I asked support. I got a reply which basically said one cannot trade Socrates on the reversals alone. One must trade the ECM. Here you go. This is in direct conflict with what we have been hearing from Gumbi today.
Whatever the spot is that you are trying to probe, you get an evasive reply which again and again confirms that the whole contraption is designed as a scam from the ground up to provide the excuses out of the box.
It is a scam engine.
It does not matter for how long we play this game, how many improvements the system gets - it will always be a scam and you are wasting your time and money using it.
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.
Nothing. Everything is equally troubling.
At some point I was frustrated with the high number of failing weekly reversals.
I asked support. I got a reply which basically said one cannot trade Socrates on the reversals alone. One must trade the ECM. Here you go. This is in direct conflict with what we have been hearing from Gumbi today.
Whatever the spot is that you are trying to probe, you get an evasive reply which again and again confirms that the whole contraption is designed as a scam from the ground up to provide the excuses out of the box.
It is a scam engine.
It does not matter for how long we play this game, how many improvements the system gets - it will always be a scam and you are wasting your time and money using it.
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.
1 year ago:
Quote
...On our timing models, it is possible to see a turning point is due come October in ... Normally, this implies that the next turning point should be a low.
Critical support still underlies this market at .... and a break of that level on a monthly closing basis would warn of a further decline ahead becomes possible.
...was important given we did obtain three sell signals from that event established during September 2017.
...We have generated a sell signal, so some caution is required.
Critical support still underlies this market at .... and a break of that level on a monthly closing basis would warn of a further decline ahead becomes possible.
...was important given we did obtain three sell signals from that event established during September 2017.
...We have generated a sell signal, so some caution is required.
today
Quote
...A possible change in trend appears due come this month ....
...Normally, this implies that the next turning point should be a low...
Critical support still underlies this market at .... and a break of that level on a monthly closing basis would warn that a sustainable decline ahead becomes possible.
We have generated a buy signal, so some caution is required
...Normally, this implies that the next turning point should be a low...
Critical support still underlies this market at .... and a break of that level on a monthly closing basis would warn that a sustainable decline ahead becomes possible.
We have generated a buy signal, so some caution is required
What you are doing there is useless.
Show us the complete report so we can see that it is the investor level, and so it can be verified by others.
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.
1 year ago:
today
Quote
...On our timing models, it is possible to see a turning point is due come October in ... Normally, this implies that the next turning point should be a low.
Critical support still underlies this market at .... and a break of that level on a monthly closing basis would warn of a further decline ahead becomes possible.
...was important given we did obtain three sell signals from that event established during September 2017.
...We have generated a sell signal, so some caution is required.
Critical support still underlies this market at .... and a break of that level on a monthly closing basis would warn of a further decline ahead becomes possible.
...was important given we did obtain three sell signals from that event established during September 2017.
...We have generated a sell signal, so some caution is required.
today
Quote
...A possible change in trend appears due come this month ....
...Normally, this implies that the next turning point should be a low...
Critical support still underlies this market at .... and a break of that level on a monthly closing basis would warn that a sustainable decline ahead becomes possible.
We have generated a buy signal, so some caution is required
...Normally, this implies that the next turning point should be a low...
Critical support still underlies this market at .... and a break of that level on a monthly closing basis would warn that a sustainable decline ahead becomes possible.
We have generated a buy signal, so some caution is required
As of when?
at least 1 year, maybe longer. Maybe more has changed in the last few month (as it did in the Pro Version). I haven't followed the investor level lately.
Here we have another may be wishful post from Alex. All subscribers can see the investor level reports.
Alex please post a recent investor level report. Otherwise your statement is useless.
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.
Alex please post a recent investor level report. Otherwise your statement is useless.
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.
As of when?
at least 1 year, maybe longer. Maybe more has changed in the last few month (as it did in the Pro Version). I haven't followed the investor level lately.
Alex please post a recent investor level report. Otherwise your statement is useless.
Martin Armstrong is a charlatan, and he spent 11 years in jail for a reason.
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.
Martin Armstrong is a charlatan, and he spent 11 years in jail for a reason.
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.
So here's where my jaw hit the floor, the investor level gives nothing but commentary, no reversals, not arrays and no energy, even in the computer generated report there is no reversals and arrays on monthly levels.
I don't think this is correct anymore. It now mentions buy/sell signals, critical support / resistance and even turning points. As of when?
So here's where my jaw hit the floor, the investor level gives nothing but commentary, no reversals, not arrays and no energy, even in the computer generated report there is no reversals and arrays on monthly levels.
I don't think this is correct anymore. It now mentions buy/sell signals, critical support / resistance and even turning points. If you follow these buy and sell signals, or if you follow these turning points, you definitely lose your shirt. Tried that.
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.
So here's where my jaw hit the floor, the investor level gives nothing but commentary, no reversals, not arrays and no energy, even in the computer generated report there is no reversals and arrays on monthly levels.
I don't think this is correct anymore. It now mentions buy/sell signals, critical support / resistance and even turning points.
Gumbi, I have to ask you a question which is very troublesome to me. You have claimed over and over again to never go by MA commentary and only the reversals. That statement is very disturbing since the reason MA set up 3 services, Investor, trader and Active trader( Pro version) for the different way people approach investing, sort of, what suits your needs. So here's where my jaw hit the floor, the investor level gives nothing but commentary, no reversals, not arrays and no energy, even in the computer generated report there is no reversals and arrays on monthly levels. So if what you are saying is correct subscribing to the investor level you just get to hear MA OPINION and is a waste of money. Just to be clear I've given my opinion on Socrates many, many pages ago and have been investing/trading since 1998. Very active at first to swing trading and now buy and hold with a very close eye out so the investor level was fine for me at this point. I found it useless and no longer subscribe but making that statement and claiming the pro version is the only viable choice at $150 a month is the very least disturbing and MA not being straight forward.
Gumbi AND Alex11 Can't you get it?
Nobody wants you here. Once all your arguments get refuted, you switch to one of the dozens of other ambiguous statements and signals. All garbage. We are not interested. Go away.
Traxo made a very valid argument which goes as follows in principle:
A majority of over-prices Gold Report buyers and over-priced seminar attendees as reported by Traxo, followed Armstrong's calls. And lost a fortune in the process.
Now years later, Gumbi tells us they were all wrong, they should have known better.
Fantastic PR in my opinion
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.
Nobody wants you here. Once all your arguments get refuted, you switch to one of the dozens of other ambiguous statements and signals. All garbage. We are not interested. Go away.
Traxo made a very valid argument which goes as follows in principle:
A majority of over-prices Gold Report buyers and over-priced seminar attendees as reported by Traxo, followed Armstrong's calls. And lost a fortune in the process.
Now years later, Gumbi tells us they were all wrong, they should have known better.
Fantastic PR in my opinion
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.
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