I don't like this bollocks at https://www.armstrongeconomics.com/armstrongeconomics101/basic-concepts/the-numbers/

"Marty; your numbers are just incredible. Your number 17800 I thought would be elected. The Dow was above it and looked like it was preparing to take off. ... "

WTF? Why he needs this kind of nonsense with such hosanna from some random assholes? I have his private reports and I read his public blogs, but I can't remember he said anywhere anything about a DJIA 17.8K resistance. Anybody read anything from him about a DJIA 17.8K resistance?

In this particular instance even retail day traders like me could understand (i.e. without the input of Armstrong) and it was clear that the latest rally is a dead cat bounce. I probably even said in this blog that I expect DJIA is flattening out and pulling back. I have been almost as long on the market as Armstrong so by being on the market you learn to be calm and understand when the market is uncertain. Plus, all sane analysts like Caldaro and the rest say clearly that this is very much a bear market right now. So even my 4 years old grand daughter would started shorting from DJIA 18K 6 weeks ago and wouldn't fall for this latest bull trap. Why he needs such hosanna about fairly obvious numbers, when again, in fact he hasn't even said anything about the DJIA 17.8K resistance? (or I just completely missed that).