Quote from: Thekees on November 14, 2018, 01:47:34 PM

Quote from: NotFromReddit on November 14, 2018, 02:34:01 AM

Quote from: olegrey on November 14, 2018, 02:16:17 AM

Quote from: Kiwibird on October 12, 2018, 02:05:43 AM

Quote from: MA_talk on September 26, 2018, 04:21:39 PM

I got answers about his arrays before. The bars ACTUALLY do mean the price levels, as he emailed me. And I forgot where he said this, but he said that the price levels are relative only in THAT timeframe that is being plotted. So you cannot compare the price levels between two different array plots.

See at 2hrs 23mins - https://vimeo.com/198896912 which confirms what you have written above:

"the bars relate to price levels..the array has to match price level activity.."

The highest bars reflect the most amount of cycles hitting at that moment in time.
It's not just the top composite bar that highlights price activity by the highest bars, it's also high bars shown the other levels such as Empirical etc..

Does anyone have the password for this video? I'd like to see it, thanks.

It used to be public. Not sure what happened.

Wow, they made it private! It was public for over a year, maybe longer.
Why would the take it down now?

This is what's explained on his website:
https://www.armstrongeconomics.com/the-princeton-models-and-methodologies-a-users-guide/how-to-use-the-forecasting-arrays/

He said most important thing is the TURNING POINT, and everyone here kind of agrees that his Turning Points just do NOT work (maybe doesn't work 75% of the time??).

If you look at ANY of his array plot, he has the top FOUR rows, all seemingly to indicate price levels, and they never agree with each other.
These are Composite, Comp-ff, Empirical, Long-term.

The single most important realization over the years that I had with Armstrong's stuffs is what he does NOT say, instead of what he actually says.

If you ask ANY trader or investor about any market, the two most important indicators are PRICE and VOLUME. Armstrong has 4 TOP rows, and all the entire forecast arrays, and the entire array is telling NOTHING about PRICE and VOLUME? Huh

And he calls that "forecast" array.

And he NEVER tells you to actually BUY or SELL beforehand. WHY? Huh

Such a great forecaster as he claimed to be should have been able to make great calls on a daily, if not on a weekly basis. He simply needs to sprinkle a few great calls once in a while for his public readers to prove his worth.

WHY?? Think about why he does NOT say certain things.

Even when the turning point or directional change is spot on, it doesn't help your pocket. An actual magnitude MUST be predicted along with the direction. It doesn't help much if you bet 1 million on a correct directional move, when the price only changes by 0.01%, nor will it help much if you bet $1000 on a correct directional move, when the price changes by 50%.

If he ever posts actual trades, then such ambiguity will not be there at all. But he does NOT do that. Why? Huh

When so many other newsletters are doing it, and he is a great forecaster, and he does NOT need to do it, because he is always right??