Topic: Martin Armstrong Discussion - page 73. (Read 647170 times)

What a nonsense.

This thread clearly has exposed that Armstrong has done a wide range of wrong predictions and even blatant lies on his Public Blog, his Private Blog, his Socrates computer, his Arrays, without even acknowledging one mistake. And let's not forget that he is a convicted conman.

Of course, he does so many predictions and statements that he's right from time to time (also Socrates can be right as an after-the-fact Captain Hindsight computermodel), but for someone who calles himself "The Forecaster" (or at least gave permission to use this specific title for his biopic film), he's wrong too many times.

Armstrong's con-tactics are also exposed by covering both sides, using (imaginary?) fanmail, using (woolly) dramatheatrical statements to juice things up, asking excessive amounts of money for his services, Armstrong and staff ignoring difficult questions, etc.

This rather applies to AnonymousCoder (or hater). He has been thoroughly discredited in his previous blog posts about the rise of Gold in June/July 2019 time frame where he completely missed the Socrates Indicators which have correctly predicted the rise of Gold during that uptrend.
Furthermore, the "sceptics" here in this forum keep ignoring that it's "stupid" (in the words of Armstrong) to to trade short to mid term , solely on MA's private blog posts.

Hello all and everyone seems to be doing a good job here. We also forgot he is looking for sub 1000 gold late last year and did a blog about it as well, heho just another 25% miss.

It would be great to see some of the year end report that was mentioned that completely missed the low.

Now he tells us that the latest group therapy meeting was a sell out and oversubscribed yet he chooses to put an old picture on the blog post🤠🤠🤠.

He’s written a book for Xmas, I think it’s a fairytale.....

You tube videos  are getting fewer and fewer as he’s running out of assets that he called correctly.

Cheers

This is a forum where Martin Armstrong and Socrates have been discredited thoroughly. With facts. The chapter is closed.

In the process,
Alex-11,
Gumbi,
over45,
Strike Eagle 26,
Jason100,
these diehard fact-free Martin Armstrong supporters have been discredited as well, ridiculed, and as a consequence, almost none of them are posting here any more.



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.

It's very easy to accuse somebody without providing any details whatsoever. You simply say that you follow MA for 10 years (just like AnonymusCoder) and that is the reason we shall simply believe you?  Other people in the thread always ask everybody to prove statements, but I guess in your case they make an exception.

Alex-11, just to clarify. You do not have to feel obligated to come up with invalid 1, 2 and 3 excuses as you do not know my situation.

For everyone who is looking to find out the truth about Martin Armstrong, I will repeat again.

After listening to Martin Armstrong for many years and trading based on Socrates, I came to the conclusion that Martin Armstrong is a fraud and you will lose money following his advice.

And I would like to thank the participants of this forum for exposing Martin Armstrong as a con artist and Socrates as a fraud.

So, more waiting. Now we have to wait untill Q1 2020 and then see if it will be a high or a low (as it is a turning point). So how should one invest on such information? Daily and Weekly reversals are noise according to MA so let's wait some more untill the monthly and quarterly reversals....
And then we miss the rally and indeed for his subscribers this rally becomes the most hated bull market in history as they have been on the sidelines.

1. It's not fraud to loose money on a financial advice of somebody else. This happens many times and only in certain circumstances it may be fraud
2. It sounds like you made the same mistake as Lindegas and others here. Relying primarily on statements on the private blog.
3. eventually you didn't noticed the issues with Socrates that were discussed here in this forum and another forum.

Ok I put my hand up I was wrong and MA was right
I misunderstood the no new HIGH comment
what he meant was there won’t be A new HIGH in 2019 there will be multiple new HIGHS
There fixed it.

Thank you for exposing MA.

I read MA's blog for almost 10 years and was one of early subscribers to Socrates. I canceled my subscription earlier this year because of terrible trading results.

Martin Armstrong is a fraud and you will lose money following his advice.

exactly. it was mentioned several times in this forum (on on Martin's blog) to not solely rely on the SOC private blog commentary

Yes, because investors are losing their skirts because of Armstrong's wide range of bad advices and in the meanwhile Armstrong's both hands are in their pockets taking subscription money.


Yes, electing bullish reversals after a humongous move, when the easy move was largely over and the hard part started. Besides, a yearly signal should be way more important than a monthly.

We all know those arrays can be interpreted in 1000 ways, and they are more wrong than right.

What a bunch of total Armstrong-baloney.

"Q1 2020 should produce a high" - It's November 2019 now; and we already making new all time highs. How damn high is Q1 2020 going to be? Sounds like a missed trading opportunity, especially from a trader like Armstrong. And how does a Q1 2020 high for God sake rhymes with a ECM-low in 2020? Armstrong told us "the market is in a bearish mode going into 2020 ECM turning point", just recently in August.

And a real low would be lower than the 2018-low. Well, the chances of going below S&P 2350 might be 5% of less, and could only happen if a hard Brexit, Fed starts QT again, full-blown trade war and North Korea nuking a few cities off the worldmap would occur at the same time. Conclusion: Armstrong, Socrates missed the real S&P low in December 2018. Same with gold by the way, it bottomed years ago and the chances of taking out those lows are practically nonexistant. Again, Armstrong and Socrates missed another important low.

Everyone with eyes can see that the stock market and gold were building a base over the past few years, and now finally it's breaking out to new all time highs, completely missed by Armstrong and his Socrates. I also don't understand why Armstrong uses so many words of grandeur to describe this phenomenon (things like "Staging ground", "Critical mass" and "Global scale" - oh wait; is he trying to juice things up to sell something?). Of course, short term we're overbought and we could have to trade at least sideways for a little while, or correct several percent.

He also covers both sides again ("It can be a low, but also a high"). How convenient.

[/quote]

Technically you should "NOT GO LONG THIS MARKET" since we are still due a retest of support...  so you can relax you will still get your buying opportunity. We have a turning point on Q1 2020 which should produce a high and the next on Q4 2020 which should produce a low if weekly reversals are elected from the high on Q1 2020.

You need to start thinking for yourself Armstrong is not the type to hold your hand.

[/quote]

https://www.armstrongeconomics.com/armstrong-economics-upcoming-events/world-economic-conference/wec-2019-orlando-knockin-on-havens-door-or-the-big-fake-out/

'...Two critical patterns are possible — a 2020 low and rally thereafter, or a 2020 high with respect to the share markets
...everything from Energy to Agriculture is in the staging ground for the next ECM along with precious metals...
...For these reasons, we have some markets preparing for false breakouts and a critical mass approaching in 2020 on such a global scale.
...So are we Knockin’ On Heaven’s Door or the Big Fake Out?

Technically you should "NOT GO LONG THIS MARKET" since we are still due a retest of support...  so you can relax you will still get your buying opportunity. We have a turning point on Q1 2020 which should produce a high and the next on Q4 2020 which should produce a low if weekly reversals are elected from the high on Q1 2020.

You need to start thinking for yourself Armstrong is not the type to hold your hand.

Cut the crap Gumbi
DO NOT GO LONG THIS MARKET!!!
What didn’t I understand. There was nothing ever said to annul that statement.
When you make that kind of statement and something changes you come out and correct it with another
Not this bullshit that all of his subscribers got it wrong. Except for you cause you have the same manipulative abilities as MA in fact your that close to MA your his clone
When I’m paying for a service and the advice is DO NOT GO LONG THIS MARKET then  which signal do I trade with
His statement overrides his arrays reversal etc and if the arrays reversal etc take precedent then why make that statement to his subscribers who rely on his service for guidance

The statement not to go long can only be understood as this is a fake rally and it will go lower in

No other interpretation exists
So stop squealing about a false break out because that’s exactly what’s unfolded.no new highs for 2019 another incorrect statement
 At best we get a 5% pull back but I’ll bet you we’ll be way higher come March April next year it’s written in the TA already

This is not a true breakout and will most likely peak this quarter according to the array. Armstrong is still calling for a retest of support in 2020/2021. So essentially this high is not going to be sustainable which was Armstrong's original forecast.

Not sure how you can complain when we elected a monthly bullish reversal at the end of January 2019, were you simply not paying attention?

Oh come on!
When a guy is worth a billion dollars, what does he care if he is wrong or right? Cut him some slack, he's been smoking it up with his buddy and co-fraudster Elon Musk.

Its all good

P. S. Please buy a sub, poor guy is losing his shirt in the market

You are right. I was one of the stupid that bought the 2018 year end report. Wow, he was so bearish then, fear sells I think. And look at markets now.
When he says this is the most hated bull market in history he must be refering to himself.

Exactly Investors are still waiting for his retest of 2400 S&P which he said in January, or actually new lows in 2019 when the Dow elected a yearly bearish reversal at the end of 2018.