hi, i found this forum after looking for people out there that follow armstrong. Ive been reading his material for a couple years and recently upgraded to pro. Kind of frustrated because I am in a short position since I was expecting last week to be the directional change (per the arrays) and this week and next week would be down weeks. Lo and behold this week is spiking up in the dow and im sitting here trying to figure out where i went wrong? Do y'all see it turning around? The GMW on a daily level went from "KNEE JERK HIGH" yesterday to "BREAKOUT TO UPSIDE" today? wtf? I thought he said the market was hitting its peak two weeks ago???
We feel your pain. I'd hang on a little bit. The day is still young and the DJIA has been pretty lackluster this week. Trying to trade Armstrong's calls on a weekly basis has never worked out for me. The monthly is okay and it gets better as you hit the quarterly and yearly...but at that point...you really don't have any advantage at all.