Martin Armstrong Discussion - page 96.

AnonymousCoder

member

Activity: 580

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Quote from: Gumbi on July 18, 2019, 06:31:25 PM

Quote from: AnonymousCoder on July 18, 2019, 06:16:28 PM

8

Quote from: stockpile on July 18, 2019, 05:29:06 PM

Socrates
From May 30th gold has elected 29 daily reversals of which 27 were Bullish (not included are today's bullish elections). 10 weekly elections all Bullish and 5 monthly elections all of which were bullish, I've recently subscribed but it seems the software gave a few clues to this move.

The plain fact based on numbers provided by Socrates is that Socrates missed the move in a spectacular way:

https://bitcointalksearch.org/topic/m.51666429

No Weekly Bullish Reversals published ahead of time were elected during this move.

Yes you may count any number of Weekly Bullish Reversals elected in hindsight but as the quoted article points out, these cannot be traded because they are published exclusively after they should have been elected, only to be counted as success where in fact the system failed which is fraud.

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

So in that case the weekly elected reversals were released
and shown as elected the very next day!

No. They were never released as such. They are falsely quoted only as totals, not even with their price numbers, in the reports, in hindsight, after the fact. Complete bullshit. No trading signals. Please read the article.

https://bitcointalksearch.org/topic/m.51666429

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

Gumbi

copper member

Activity: 168

Merit: 0

Quote from: AnonymousCoder on July 18, 2019, 06:16:28 PM

8

Quote from: stockpile on July 18, 2019, 05:29:06 PM

Socrates
From May 30th gold has elected 29 daily reversals of which 27 were Bullish (not included are today's bullish elections). 10 weekly elections all Bullish and 5 monthly elections all of which were bullish, I've recently subscribed but it seems the software gave a few clues to this move.

The plain fact based on numbers provided by Socrates is that Socrates missed the move in a spectacular way:

https://bitcointalksearch.org/topic/m.51666429

No Weekly Bullish Reversals published ahead of time were elected during this move.

Yes you may count any number of Weekly Bullish Reversals elected in hindsight but as the quoted article points out, these cannot be traded because they are published exclusively after they should have been elected, only to be counted as success where in fact the system failed which is fraud.

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

So in that case the weekly elected reversals were released
and shown as elected the very next day!?

AnonymousCoder

member

Activity: 580

Merit: 17

Quote from: stockpile on July 18, 2019, 05:29:06 PM

Socrates
From May 30th gold has elected 29 daily reversals of which 27 were Bullish (not included are today's bullish elections). 10 weekly elections all Bullish and 5 monthly elections all of which were bullish, I've recently subscribed but it seems the software gave a few clues to this move.

The plain fact based on numbers provided by Socrates is that Socrates missed the move in a spectacular way:

https://bitcointalksearch.org/topic/m.51666429

No Weekly Bullish Reversals published in due time were elected during this move.

Yes you may count any number of Weekly Bullish Reversals elected in hindsight but as the quoted article points out, these cannot be traded because they are published exclusively at least one week after they should have been elected, only to be counted as success where in fact the system failed. This false accounting is fraud.

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

Kiwibird

jr. member

Activity: 45

Merit: 2

Quote from: McBryde on July 18, 2019, 08:13:39 AM

I'm intrigued to know, as a UK resident, what Marty said yesterday in his private blog about "Britain in Crisis".
If anyone saw it, would he/she/it mind sketching it out for me, please?

The press/tv here is blitzing us with terrifying scenerios which will occur if/when Brexit happens. [I think they're laying the foundation for another referendum - when we'll be given another chance to, this time, vote the 'right' way!].
Thank you...
John

If Boris becomes Prime Minister there's a chance of a general election and a risk that Corbyn will win - hence the pound is falling. He's said for a long time that the GBP will most likely go to par with the USD and has been bearish for many years. For a person like me, investing with the major trend (i moved my GBP into USD and US equities) and listening to him (and not others who for the past 5 yrs have said the USD will hyper inflate any day) has kept me in the green.

I have direct relatives living in the UK, Germany, France and the US... those in the US really have no idea what it's like in Europe right now. Capital is definitely fleeing..

Kiwibird

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Activity: 45

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Quote from: Kiwibird on July 17, 2019, 05:12:57 PM

Quote from: unwashed on July 17, 2019, 02:01:04 PM

I respect that you have more experience in TA and trading than myself, so I read Armstrong 5 years ago back in Oct 2014 forecasting:

https://www.armstrongeconomics.com/uncategorized/so-when-will-we-know/
'..we are looking at a rally into 2017-2018 with the Dow reaching the 25,000-28,000 level. That would be the minimum target objective...'
BANG ON

Did your charting back then come up with the same? (serious q - not being facetious, promise)

Private blog post Jan 1st 2018 ''..Our three primary targets were 18500, 23700, and then 36000-40000. We also mentioned there would be intermediate resistance at the 25000 and 28000 level..This 25,000-28,000 is the new barrier. Once we get through that area, then the next minimum target becomes 32,000...'

So this 32000 number was forecast way b4 the important Dec 2018 low that you used to get that same number.. so how did he do it? What charts did he use? I am honestly interested to know..

Well, without looking at my own charts and checking some online ones, if you draw a trend line from the 2016 low to to next low and extent it you will see it intersect the 25k-28k area. He, like most follow the trend and project to the future, of coarse for gains. But I usually always look down first before making a decision. Also if you look at a chart from the year 1800 to present, there are some online and MA also posted one, the Dow is nothing but ascending, the great depression is nothing but a blimp on the chart which to me shows the Dow for many reason will go up over the long term. You probably could also judge the direction from those charts also. Just for perspective he also forecasted Gold $5000+ on 11/7/2009, it's on his blog. I'll look further into this on my own charts.

Here's the link to Gold $5000+
http://s3.amazonaws.com/armstrongeconomics-wp/2012/03/gold-5000-11-7-09.pdf

Here's my Chart and how Targets can be determined. IMO the Dow from 1/2018 to recent is a correction after a long uptrend. As you can see, the Dow is attempting to continue in the steeper red trend after breaking out of the top Yellow trendline and holding the top yellow channel resistance that is now support. Just an observation and thought.

Thanks for clarifying and showing detailed charts. I understand that the closer you get to a date, the better you can chart a number.

What do your charts confirm for 2022 and 2024? Can you give a forecast?

Yes he's forecast maximum $5000 on gold for many years. I contrast that with others like Rickards and David H Hunter who say $10K gold. Which is it? Time will tell.

stockpile

newbie

Activity: 13

Merit: 1

Socrates
From May 30th gold has elected 29 daily reversals of which 27 were Bullish (not included are today's bullish elections). 10 weekly elections all Bullish and 5 monthly elections all of which were bullish, I've recently subscribed but it seems the software gave a few clues to this move.

s29

jr. member

Activity: 184

Merit: 8

Quote from: ?? on ??

Some more Charts that are very interesting. They're for Gold long term, I set these up many, many years ago as a long term indicator. The first one is a Weekly and the bottom is Monthly. The weekly shows a long consolidation, 6 years and this recent move by Gold looks really promising. I've been holding Gold since 2009, so I welcome this with open arms.

Every "idiot" can see that gold is making a gigantic multiyear cup-and-handle pattern, and is now at the lower right side of the cup. Only Armstrong didn't see that and stayed relentlessly bearish until recently.

unwashed

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Quote from: s29 on July 18, 2019, 11:49:58 AM

Here he goes again:

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

Join Us at the Orlando WEC - Oct. 25-26, 2019
Blog/World Economic Conference
Posted Jul 17, 2019 by Martin Armstrong

https://i.imgur.com/m3Ma5B4.jpg

Quote

The Pi target on the ECM 11/21/2018 was the start of a slingshot where we had to drop sharply, scare the longs, and then rally to new highs.

Well, I'm not so sure Marty, maybe you need new reading glasses. The beginning of October was the start of the correction, not your ECM date. And the end of December was the start of the slingshot up, also not your ECM date (not by a long shot). Now he kinda says like he's predicted it with his ECM date.

If this is how accurate ECM dates are, they are pretty worthless for trading anything. Also great that he now posts that the December-low and recent high was a slingshot. Is Captain Hindsight Marty's middle name?

Quote

Because all of these things are coming together, the attendees of this year’s Orlando WEC will receive ongoing video updates because this is just such a widespread crisis that is impacting every possible corner of the global economy. The ONLY way to survive this is going to be with Socrates because there is ABSOLUTELY no precedent to which we can refer to in history.

Well I better stock up on Socrates memberships, because when the world implodes and there is no electricity at least I have Socrates.
Hope the videos won't be so worthless as Armstrong's reports and Socrates.

Oh, geez, another reaffirmation of after the fact. Like the old saying goes, "If you want something done right, do it yourself". Or, "Fool me once shame on you, Fool me twice, shame on me".

s29

jr. member

Activity: 184

Merit: 8

Here he goes again:

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

Join Us at the Orlando WEC - Oct. 25-26, 2019
Blog/World Economic Conference
Posted Jul 17, 2019 by Martin Armstrong

Quote

The Pi target on the ECM 11/21/2018 was the start of a slingshot where we had to drop sharply, scare the longs, and then rally to new highs.

Well, I'm not so sure Marty, maybe you need new reading glasses. The beginning of October was the start of the correction, not your ECM date. And the end of December was the start of the slingshot up, also not your ECM date (not by a long shot). Now he kinda says like he's predicted it with his ECM date.

If this is how accurate ECM dates are, they are pretty worthless for trading anything. Also great that he now posts that the December-low and recent high was a slingshot. Is Captain Hindsight Marty's middle name?

Quote

Because all of these things are coming together, the attendees of this year’s Orlando WEC will receive ongoing video updates because this is just such a widespread crisis that is impacting every possible corner of the global economy. The ONLY way to survive this is going to be with Socrates because there is ABSOLUTELY no precedent to which we can refer to in history.

Well I better stock up on Socrates memberships, because when the world implodes and there is no electricity at least I have Socrates.
Hope the videos won't be so worthless as Armstrong's reports and Socrates.

s29

jr. member

Activity: 184

Merit: 8

Quote from: McBryde on July 18, 2019, 08:13:39 AM

I'm intrigued to know, as a UK resident, what Marty said yesterday in his private blog about "Britain in Crisis".
If anyone saw it, would he/she/it mind sketching it out for me, please?

The press/tv here is blitzing us with terrifying scenerios which will occur if/when Brexit happens. [I think they're laying the foundation for another referendum - when we'll be given another chance to, this time, vote the 'right' way!].
Thank you...
John

The media (especially Anglo-media) is only interested in as many clicks and views as possible. Scary headlines score better.

When it comes to the UK, I'm way more interested in their huge current account deficit, which should be resolved sooner or later, with or without Brexit. UK is living beyond their means for decades now.

McBryde

newbie

Activity: 3

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I'm intrigued to know, as a UK resident, what Marty said yesterday in his private blog about "Britain in Crisis".
If anyone saw it, would he/she/it mind sketching it out for me, please?

The press/tv here is blitzing us with terrifying scenerios which will occur if/when Brexit happens. [I think they're laying the foundation for another referendum - when we'll be given another chance to, this time, vote the 'right' way!].
Thank you...
John

unwashed

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Activity: 53

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Quote from: Kiwibird on July 17, 2019, 05:12:57 PM

Quote from: unwashed on July 17, 2019, 02:01:04 PM

This is what annoys me the most about him. For months he has been saying how the Dow is in a consolidation and no new highs until 2020. But now he is pumping this 27K and not a word of 2020. Sorry but I didn't listen to him and saw this coming and added more position in my DIA, SPY and opened a new position in QQQ. Yes I anticipated base off of the weight of the evidence. I'd be happy to post my buys from about 1.5/2 weeks ago.

More importantly is the fact that 27k was a major resistance from 1/2018 which has created a triple top and the implications of a break is big. The longer the resistance(1.5 years) the greater the break/ascent. This, plus the fact we have a Head & Shoulders pattern which is normally a continuation pattern. On any breakout there is always a retracement, 27k in this case, so a decline into the fall is not unusual. Oh and the projection on price is from the Dec/18 low is 32,000 and from the first support around 24,000 it's 30,000. This is all TA, so no mystery.

So, we have resistance at 27k for 1.5 yrs, triple top and a H&S pattern that's usually a continuation pattern. Plus indicators with room to move. Lets not forget millions of traders looking at the same charts and TA. To me this was a buy signal but didn't go to heavy but will buy more on the retracement. Which, if in all the excitement you missed the break is a good entry point.

I'm by no means an expert but this works for me and is available to anyone who wants to use it. Just some observation and actions I took. I guess my point is this could all be done with some research, training and willingness to take the hits(losses) for hardly any cost. In all the years reading MA, buying 1 report and attending 2015 WEC I always fall back on my charts and TA to buy and sell.

I respect that you have more experience in TA and trading than myself, so I read Armstrong 5 years ago back in Oct 2014 forecasting:

https://www.armstrongeconomics.com/uncategorized/so-when-will-we-know/
'..we are looking at a rally into 2017-2018 with the Dow reaching the 25,000-28,000 level. That would be the minimum target objective...'
BANG ON

Did your charting back then come up with the same? (serious q - not being facetious, promise)

Private blog post Jan 1st 2018 ''..Our three primary targets were 18500, 23700, and then 36000-40000. We also mentioned there would be intermediate resistance at the 25000 and 28000 level..This 25,000-28,000 is the new barrier. Once we get through that area, then the next minimum target becomes 32,000...'

So this 32000 number was forecast way b4 the important Dec 2018 low that you used to get that same number.. so how did he do it? What charts did he use? I am honestly interested to know..

Well, without looking at my own charts and checking some online ones, if you draw a trend line from the 2016 low to to next low and extent it you will see it intersect the 25k-28k area. He, like most follow the trend and project to the future, of coarse for gains. But I usually always look down first before making a decision. Also if you look at a chart from the year 1800 to present, there are some online and MA also posted one, the Dow is nothing but ascending, the great depression is nothing but a blimp on the chart which to me shows the Dow for many reason will go up over the long term. You probably could also judge the direction from those charts also. Just for perspective he also forecasted Gold $5000+ on 11/7/2009, it's on his blog. I'll look further into this on my own charts.

Here's the link to Gold $5000+
http://s3.amazonaws.com/armstrongeconomics-wp/2012/03/gold-5000-11-7-09.pdf

Here's my Chart and how Targets can be determined. IMO the Dow from 1/2018 to recent is a correction after a long uptrend. As you can see, the Dow is attempting to continue in the steeper red trend after breaking out of the top Yellow trendline and holding the top yellow channel resistance that is now support. Just an observation and thought.
https://imgur.com/a/HnIVrIk

DanB1

jr. member

Activity: 100

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Actually there are 2 more:

https://www.linkedin.com/in/arnold-xu-92624738/
https://www.linkedin.com/in/abbascarmody/

trulycoined

jr. member

Activity: 85

Merit: 8

Quote from: AnonymousCoder on July 17, 2019, 03:53:47 PM

Lies and Lies

https://www.armstrongeconomics.com/international-news/politics/gang-of-four-trying-to-start-race-wars/

In my company, we are like the UN. We have EVERY race, creed, and gender among our ranks.

OK, let's check that quickly.

AE Global Solutions, Inc.

https://aeglobalsolutionsinc.com/

That is the About Us page. Nobody there. No people.

So let's find some employees. I could only find one guy who claims he works there at AE Global Solutions and he is an American white.

Bryant Milliren - Lead Software Engineer - AE Global Inc. | LinkedIn

https://www.linkedin.com/in/bryant-milliren-a6183229

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

There's also Brittany, American and white:
https://www.linkedin.com/in/brittany-mullins-63968aa3

She was there handing out badges at the WEC.

Curiously, she is based out of NC, not St Pete... You know, that office that MA claimed was being constructed:
https://www.armstrongeconomics.com/armstrongeconomics101/new-offices-are-just-about-completed/

That just so happens to be the first result for Regus when searching in St Pete:
https://www.regus.com/offices/united-states/florida/st-petersburg/office-space/florida-st-petersburg-first-central-tower

And costs $85-280 a month for a virtual office.

BIG operation. My guess is the vast Socrates servers are wedged into the parking lot with a slightly peeling, big IBM SEQUOIA sticker haphazardly stuck onto the side of each server case.

An Amazon Echo is hidden among it to give the illusion that Socrates speaks!

Marty is like the David Copperfield of the finance world.

Should someone prove that Marty's operation is indeed like the UN, then at that point, the only thing that the UN does have over Armstrong Economics is a physical office space and a server.

DanB1

jr. member

Activity: 100

Merit: 1

Quote from: AnonymousCoder on July 17, 2019, 03:53:47 PM

https://www.armstrongeconomics.com/international-news/politics/gang-of-four-trying-to-start-race-wars/

In my company, we are like the UN. We have EVERY race, creed, and gender among our ranks.
OK, let's check that quickly.

AE Global Solutions, Inc.

https://aeglobalsolutionsinc.com/

That is the About Us page. Nobody there. No people.

So let's find some employees. I could only find one guy who claims he works there at AE Global Solutions and he is an American white.

Bryant Milliren - Lead Software Engineer - AE Global Inc. | LinkedIn

https://www.linkedin.com/in/bryant-milliren-a6183229

Haha, well done!

psp777

jr. member

Activity: 81

Merit: 6

Quote from: s29 on July 17, 2019, 05:14:42 PM

Quote from: trc4949 on July 17, 2019, 12:14:18 PM

So armstrong in his latest member blog post is offering a new 1500 per year subscription to track the DJIA which will include "video ongoing updates as needed for the next year".

And he saying that if August bar does not exceed July then a risk of a "decline into the fall"

Sounds like by him offering this new membership he is expecting a sharp move down in DJIA into 2020, and maybe this is the long talked about slingshot Huh

!!! which would be the buy of the centurY ?

The slingshot WAS december 2018. Armstrong had been gossiping about a slingshot for years; and then it finally happens, and did he say buy? No, he was talking trash about a retest just a few weeks after the bottom. He completely missed the sharpest 25% rally in history of the stock market.

Yes, Socrates missed an amazing rally... many - including myself- sat on the sidelines for most of it...so what is there left? Is socrates all of the sudden going to pick up on the greatest drop in history too only to rebound? Doubt it. Lot son money till parked on the sidelines.

What I don't understand is why Armstrong didn't discuss all the recent energy posts during the December low? Ah... but he was talking about 18,000 DOW too at that point, so who would go long? Seems to me that his energy indicator is a better indicator than any array or reversal. Yes, Armstrong called for a retest of the December lows for a majority of the rally. Kept calling temporary highs too. All wrong. Now here we are.

psp777

jr. member

Activity: 81

Merit: 6

Quote from: ?? on ??

Aaaaaand closed. That 2 point drawdown was brutal, but it turned into a massive win. I really need to learn to trade smaller and hold for larger moves. the risk reward ratio is far better like that but I have mental deficiencies, I suppose...but, gains are gains.

Yes, some of my biggest trades were small share size but longer time frames. Helps to sleep at night too; otherwise, you get into an active trader/ scalper mentality ...been there Wink

. You know that feeling when you wish you never were in a trade .... remember that

Gumbi

copper member

Activity: 168

Merit: 0

Quote from: MA_talk on July 17, 2019, 05:15:06 PM

Quote from: Gumbi on July 17, 2019, 03:30:02 PM

....
I guess half the population must be racist then for voting for him and is the favorite to win in 2020 as well so most Americans just don't buy it. You live in the world of make believe you have been completely brainwashed by the main stream media you simply are incapable of thinking for yourself. If it is so obvious that he is racist Why don't you quote me something Trump said? It wont stand up against common sense.

I represent myself nobody else. I challenge you quote something that is clearly racism by Trump?

Why digress, and do personal attacks on people's opinions?

I honestly don't care what anybody thinks about Trump. Everyone is entitled to their own personal opinions. Let's focus on FACTS & evidences.

As an example of facts, the fact is 10/1/2015 is NOT the same date as 10/7/2015, but Armstrong claims that ECM is accurate down to the day, and he claimed that ECM was 10/7/2015, and he claimed that ECM is 10/1/2015. Those are contradictory statements. So he LIED, or he made mistakes that he is unwilling to admit, and/or ECM is in NO WAY accurate down to the day. This is extremely well-documented in this forum, and summarized here:

https://armstrongecmscam.blogspot.com/p/economic-confidence-model.html

So let's focus on facts first, and then we can each derive our own personal opinions based on the presented facts. There is no way that I change anybody's opinions, but facts are always facts, even when you want to retain any illogical personal opinions.

What about the ECM in intervals of 8.6 months? Do you know why Armstrong used the 2.15 year interval?

So in your view he made a mistake and still leaves it on his website?

MA_talk

member

Activity: 226

Merit: 10

Quote from: Gumbi on July 17, 2019, 03:30:02 PM

....
I guess half the population must be racist then for voting for him and is the favorite to win in 2020 as well so most Americans just don't buy it. You live in the world of make believe you have been completely brainwashed by the main stream media you simply are incapable of thinking for yourself. If it is so obvious that he is racist Why don't you quote me something Trump said? It wont stand up against common sense.

I represent myself nobody else. I challenge you quote something that is clearly racism by Trump?

Why digress, and do personal attacks on people's opinions?

I honestly don't care what anybody thinks about Trump. Everyone is entitled to their own personal opinions. Let's focus on FACTS & evidences.

As an example of facts, the fact is 10/1/2015 is NOT the same date as 10/7/2015, but Armstrong claims that ECM is accurate down to the day, and he claimed that ECM was 10/7/2015, and he claimed that ECM is 10/1/2015. Those are contradictory statements. So he LIED, or he made mistakes that he is unwilling to admit, and/or ECM is in NO WAY accurate down to the day. This is extremely well-documented in this forum, and summarized here:

https://armstrongecmscam.blogspot.com/p/economic-confidence-model.html

So let's focus on facts first, and then we can each derive our own personal opinions based on the presented facts. There is no way that I change anybody's opinions, but facts are always facts, even when you want to retain any illogical personal opinions.

s29

jr. member

Activity: 184

Merit: 8

Quote from: trc4949 on July 17, 2019, 12:14:18 PM

So armstrong in his latest member blog post is offering a new 1500 per year subscription to track the DJIA which will include "video ongoing updates as needed for the next year".

And he saying that if August bar does not exceed July then a risk of a "decline into the fall"

Sounds like by him offering this new membership he is expecting a sharp move down in DJIA into 2020, and maybe this is the long talked about slingshot Huh

!!! which would be the buy of the centurY ?

The slingshot WAS december 2018. Armstrong had been gossiping about a slingshot for years; and then it finally happens, and did he say buy? No, he was talking trash about a retest just a few weeks after the bottom. He completely missed the sharpest 25% rally in history of the stock market.

Topic: Martin Armstrong Discussion - page 96. (Read 647176 times)