Quote from: MA_talk on January 07, 2019, 06:45:58 PM

Quote from: psp777 on January 03, 2019, 08:11:29 AM

I think if and whenever Socrates "Trader version" goes live we will see the combo of timing with the reversals. Maybe socrates could write a report on the timing of that? haha. A true buy and sell indicator if in when it goes live. As you know emotions are what kill traders. Following an AI computer will do much better than most and should outperform the indexes easily. I have traded for myself for almost 30 years. Armstrong is one of many people I read and follow. Some excellent calls and some other were bumped down the road.

p.s. I believe a silver benchmark is on 2019-01-07. I have it marked on my calendar. Here is a chart of the last few benchmarks in silver.

https://ibb.co/Yffkk7W

The silver/gold benchmark is 14/16 weeks. Don't remember which one is 14 or 16 weeks. I studied the benchmarks going back for decades, and there is nothing to it, except that 14 & 16 weeks are rather SHORT cycles, and give you LOTS of points to be plotted. Combining with the "art" of picking the points that actually are top/bottom, and ignoring the points that are totally meaningless, VIOLA! It's just a perfect indicator for gold/silver. Every single mindless indicator will work, if you simply pick the points that work, and ignore the points that don't work. And Armstrong also plays the combination of the two indicators, and again, the combo gives you quite a lot of points, because the greater common multiple of 14 & 16 weeks is 112 weeks. That's about every 2 years. And again, use the same methodology, pick the points that work, and ignore the points that don't, and it will be perfect too.

Armstrong always explain away when the points from the benchmark or PI or ECM don't work. He will always say that due to a confluence of things, and other factors, etc, etc, the high/low doesn't appear.

Sure thing. And he calls that science and technology, and mocks every economist out there for being inside a fish bowl.

Armstrong mentioned short term cycles vs longer ones recently and said to the effect that we should see more lows, just not sure when: January or March ideally. If that is the case, we can see the low this quarter. I do think he has a computer that analyzes cycles and things, but he just doesn't keep public track. I saw one of his old posts where he had a picture of a long list of Reversals in a spreadsheet and how they interacted. It would be good if he posted track records once in a while. He just doesn't seem to say when he's wrong. And if there is some reason why he isn't wrong, he should explain what he did in his own trades that he saw come up that made him change his mind before it actually happened. Not even as a routine, just occasionally to assuage doubts, if he is so accurate. He mentions possibilities of something happening, then claims he called it. It doesn't work that way.

I would suggest for people to learn and put together whatever they have had some success with, and find confluence among those things.