Topic: Martin Armstrong Discussion - page 9. (Read 647170 times)

Did he tell you to short the Nasdaq?  Take a look at the DOW.

People who want to learn and get better or share their experience come join the FB community- Martin Armstrong/Socrates Traders - https://www.facebook.com/groups/154021879088365/

Kind of amusing and I agree but the situation would not be different to me had he been right three times in a row.

I remember when I was day and swing trading, I had once 20 winners in a row over the span of two weeks.

I did not know why.

What counts with Armstrong is that he is a fraud and everything he does is just self promotion and predatory behavior. So actually I don't care because on average he and his Micky-mouse Socrates proggy are worse than a broken clock which is on record.


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.

Every single defrauded person should report their case, see Where and how to complain

Another shill ...

Good luck with your franchise trying to rip off the sheep idiots who just can't get it after all these years!

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.

Every single defrauded person should report their case, see Where and how to complain

Its not a forecasting service and he never marketed it as such.  There are some tools that can be uses by a good trader to make money if he knows how to use them, and more importantly, how to trade in general. 

I could never go back to trading without it, after a while everything just came together and started clicking but it takes time and desire to learn.

People who want to learn and get better or share their experience come join the FB community- Martin Armstrong/Socrates Traders - https://www.facebook.com/groups/154021879088365/

He is useless but correctly called the low? 

Anyone who trades using Socrates come to the Facebook group.  We have a pretty good crew and growing, none of these professional haters getting in the way.

https://www.facebook.com/groups/154021879088365/  hope to see yous there!

We had a 50% rally of the lows, and traders are buying way too many calls; anyone with a brain knows that a correction of 5-10% could occur any time... Armstrong is such a genius for looking for a correction

Thanks for your testimonial.

We have additional confirmation of the fact that Socrates is useless as a trading system.

See here for an example:

Comments on Socrates Forecast Arrays.


We get confirmation of Martin Armstrong suppressing any attempt to build a written record from the Martin Armstrong controlled Reddit forum as follows (removed thread):

What is your experience using reversals from the Socrates Pro/Trader level?

which is confirmed by the shocking admission of the "moderator" LateralusYellow:
Armstrong is now playing both sides again in his latest commentary:



However we DO have a 3 year performance record of the Socrates system, the only (published) one which I am aware of. Here it is:

Socrates Long Term Past Performance Review



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.

Every single defrauded person should report their case, see Where and how to complain

A correction is possible by the way .  But not expecting a deep fall .Martin computer is broken this time.

So in other words, there is a possibility of it not being possible? Why is that user confused that MA used that term?  
Months ago MA said about something "that's pretty far away, we don't expect [it]", but it still happened.

They are not happy at all with Armstrong on Reddit:

I recently paid for several months of the Socrates PRO membership and during that time (beginning with MARCH 2020) I can confirm that Martin's PRO PRIVATE BLOGS indicated he was expecting a possibly deeper "correction" then what occured, and a shorter and less vigorous rally in the markets then what occurred. Moreover, the SOCRATES system is at best difficult for me to understand, and at worst a complete fraud. The constant PUSH is to get the subscriber to activate MARKET SUBSCRIPTIONS for every stock and ETF they own...so that you can receive these "reports" with the convoluted "forecasting" he makes available. At no time did I receive ANY forecast for TIME AND PRICE of any asset or index. In other words, if you are looking for a concise and operational forecasting service...this ain't it...and if you think that his service will enable you to be your own forecaster...all I can say, plop down the $150/month and give it a try. It's bullshit.

Armstrong is no doubt a skilled marketer and self promoter, and I might add, certainly knowledgeable about a wide variety of economic, political, and historical topics. Whether or not he actually has a reliable forecasting system up and running and which he sells to "Institutions" is a debate for another time. Whether or not he makes that system available to the GENERAL PUBLIC who subscribe to this PRO version ($150/month) is in my opinion easy to judge...he does not.

Notice that almost ALL of the so called financial "forecasters" do NOT publish an audited written record of the efficacy of their forecasts. There is obviously a reason for that. They don't want their record to be available for examination.

In short, in my opinion, Armstrong operates a predatory business to sheer the sheep. And he is a skilled practitioner. Beware.

Please get out of here. This is not a general stock market discussion. Whether you agree with someone like Martin Armstrong or not is immaterial. Go over to zero hedge or wherever.

In case you haven't noticed, that moron Martin Armstrong has been discredited here, busted. He is a fraud.

What do you want to achieve here, anyway? Nobody listens to you, nobody replies.





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.


Every single defrauded person should report their case at econsumer.gov

It could be the greatest short opportunity of a lifetime.

Think about all the people that got trapped being long at the top.... and NOW they are being given a second gift horse opportunity to get the hell out of this market for good.  Think about how fast they will hit the sell button when they see this market starting to plunge down again.

I have to agree with Marty.  People are confusing the fact that the market has rallied 50% to mean that it means a new strong bull has emerged..when instead the exact opposite is true.  A RUG pull.

A new post in which Armstrong claims to have predicted the 1987 crash and bottom but mentions nothing about 2020 and the difference even though its in the title of the blog post. FFS

Also at the top of the blog post is a video clip of a former client "Larry Edelson"  According to a Securities and Exchange Commission document from 2006, Larry Edelson, Martin Weiss, and Weiss Research were issued cease and desist letters, which cited the cherry-picking of gains in financial newsletters as misleading. 

Link below  https://www.armstrongeconomics.com/armstrongeconomics101/economics/what-different-this-time-between-1987-2020-33-years-later/

No . I do not believe Martin .
There are better ones than Martin out there.

Please report the two last luckyplate messages as spam. The messages are duplicate!

He does not discuss Armstrong because he would shoot himself in the foot with it. He uses Armstrong only as a smokescreen to distract the discussion from Armstrong and focus it on stock market movement away from the embarrassing truth.

Suggesting that Armstrong look at something is not an Armstrong discussion.

We have seen how the following failed because it was deleted by the moderator:


, now we are seeing a different trick. Spammer BUSTED.

Thanks for your  input

when everyone expect a crash , not going to happen. also SPX is now above 3200 .
It is going to all time high and suck everyone in .
The small traders are all very committed. Armstrong should mention that this is a slingshot move
that sucked every one in and then crashed down into 2021 .
but not now. expect a big crash after the Trump election .

Pls comment .

Martin has been calling for a retest of the low every week since the start of April. How is the his a False rally?? Seriously?? The markets are up 40% in 10 weeks. The NASDAQ is at all time highs and SPX is 5% a way from all time highs.

After three years, still rummaging for nuggets in the Socrates worse than random Pile of Garbage?

RTFM




I guess that this is perhaps the stuff for people who buy crystal balls.

May be you want to go over to that Armstrong shill censored reddit group and play there?

These people are so confused by Armstrong's blog posts that they don't know what they mean, let alone how to trade them.

Then at the same time they are warning not to share the confusing information because I could use it to share their losses?


BANKRUPT


Or you want to go here?


Or here where Armstrong the Alchemi$t is trying to read the tea leaves from his decades old DOS program?

 

I tell you this:

Go here to let this Armstrong Education Expert explain it to you with "80% to 90% accuracy". How is that?

You see, I am a practical guy and I have a solution for everyone!









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.


Every single defrauded person should report their case at econsumer.gov

This is what I am trying to figure out in the current market.  When we go for March retest and with what format or speed, or do we just keep going up

What I try to do is match my technical signals to possible outcomes and in some cases try to match them against what armstrong has been saying.

He has said we are in for the wildest volatility in 300 years.    I have to intrepret that to mean that the VIX will go back up all the way and take out its recod all time high.

He also said that Nasdaq will turn back down in June and that it could retest the low.

The question is... what type of price action will we get that tests the March low ?  with what speed, format or structure.


IF this entire rally has only been a counter trend rally, then one has to consider we could get a massive crash down that is fast and retest the March lows.  We just had a lunar eclipse this past weekend.  There was also one on October 7, 1987.  Right before a massive plunge down and crash.

There are a couple other eclipses this month and apparently we never had so many in one month in 2000 years.   We also have mercury retrograde June 18th....   The february and March crash was a mercury retrograde leg down.

I wish Armstrong would just go out and say it..... a CRASH.

on the monthly NDX100 chart versus RSI there is a CLASS C Bearish divergence.   That makes the case that we can see a massive crash down that has persistence and sustained down moves.

There was also a put buyer of $2 million in 255 July 3 SPY puts.

Daily level for DJIA says "possible critical high"


last but not least the US Dollar is showing a 2 month bullish crab pattern and looks set for a massive northward rally.  There is a very strong inverse correlation between sp500 and us dollar.

That might lead to a massive crash in sp500 if we see the US Dollar go into orbit.

IN summary we need to be prepared for the possibility that we see a massive 4 week crash down into end of JUNE.







Armstrong is still calling this a false rally and a retest of the march low is still in play, the timing may be off but this information is invaluable. most people have jumped back into the market thinking we are off to new highs.