Exactly. MA does worse than a coinlip on average. His reverals target "forecasting" is so hilarious I can't understand how he is able to even publish shit like that 
I'll bet he counts on that enough people reading do not understand trading and markets at all, or backtesting.
I'll bet he counts on that enough people reading do not understand trading and markets at all, or backtesting.well my financial astrologist does the same thing... planets affect moods. He says dow 32k with usd and us equities rising together (which already started). Hes bearish gold. Has never really been that wrong.
Hey idiots as I had explained before in the quote below, the point is the investor can react to the market action with greater than 50% odds. You guys are too dumb to understand that a prediction for a static point in time with no conditionals, is a point sample and point samples are subject to aliasing error; thus MA does not provide such ridiculous point sample predictions. You try to force his statements to be point sample predictions, thus it is unsurprising that you see his statements as a failure. I won't bother to explain fundamental relevant science to you such as the Shannon-Nyquist Sampling Theorem, Fractals, and Chaos Theory, because you are too dumb to understand.
Armstrong is for smart people. The low IQ trolls need not apply.
The benchmarks stated that the USA dollar and and USA stocks had to start moving in unison as another criteria and if this wasn't the case, then the benchmark low would be pushed out in time until they do.
Thus none of his predictions have failed. Those who expect him to say "this will happen on this date" are building a strawman illogic, because MA never predicts such. His method is to provide a "if this, then that" analysis of the computer model's outputs.
[...]
MA's model provides key dates and it provides indications such as "Panic Cycle", "Directional Change", etc. on each asset analyzed. His model also provides "if this, then that" benchmarks on price reversals in both directions.
From this, the speculator can watch the market and try to interpret how the real world is matching the model and then infer decisions with a much better than 50% probability.
Something important does always happen on the ECM turn dates. For example:
[...]
Thus none of his predictions have failed. Those who expect him to say "this will happen on this date" are building a strawman illogic, because MA never predicts such. His method is to provide a "if this, then that" analysis of the computer model's outputs.
[...]
MA's model provides key dates and it provides indications such as "Panic Cycle", "Directional Change", etc. on each asset analyzed. His model also provides "if this, then that" benchmarks on price reversals in both directions.
From this, the speculator can watch the market and try to interpret how the real world is matching the model and then infer decisions with a much better than 50% probability.
Something important does always happen on the ECM turn dates. For example:
[...]