Quote from: luckyplate on March 22, 2019, 06:22:50 AM

Thanks. Martin is good at calling major high and lows .
His energy model and economic model can forecast events that lead to major change in the market
Direction and that is his value.
..... cut short ....

Quote from: dow_wizard on March 22, 2019, 02:26:28 AM

My interpretation (based on March 19 & 13 posts) as of now:

DOW is in the consolidation period but it needs to go down to create a bear trap for a slingshot move.
May - low, July - high, early 2020 - possible bear trap, then - up

Look at how Armstrong is shifting the goalpost from Feb panic month to March, then May, then July.

I "used to" agree that Martin is good at calling major high and lows. But upon much closer examination, if you keep track of his daily/weekly/monthly calls, you will find that he actually achieve this calling POST-event. His comments keeps shifting based on the market. The market is always right obviously. As long as his comments track CLOSE ENOUGH to how market shifts, given readers' short-term memory & confirmation bias, he can seemingly achieve that he "actually" called the peak & turns in the markets, when he in fact NEVER called it out AHEAD of time.

The golden proof to refute my argument above would have been that majority (much more than 50% obviously, or else you just flip a coin) if the subscribers profiting from his call on the market turning, by placing trades AHEAD of the time.

You know, a survey was done here, and that didn't show such. In fact, given my own personal long records trading with Armstrong's calls, I simply know that Armstrong does NOT call the markets AHEAD of the time.

MOST of the time, what happens is that when his calls go wrong, and he does NOT admit it, but instead whis-wash through it, or blurs through it, or blog on something else for awhile to get your attention away, or he puts out all the reversal levels, and claims that markets showed strength or weakness, and so his model/computer is right, etc.

Well, F*&%, but my trade has already lost 15%+ after Armstrong made the wrong call (and of course, ALL of his calls are ambiguous, and so you cannot blame and pin him down either.) Now that he is moving on to the "next phase" of market calls, but I'm STUCK with my trading loss.

Just tell me, if majority of the subscribers are making good money based on his calls, and I will agree that he is a great forecaster.

Think about it. If Armstrong is doing a great job for his subscribers, why would this thread be 250+ pages long? Huh

If Armstrong is doing a great job calling the markets for his subscribers, the ONLY comments that I should see on this thread is that

"Stupid, just pay the subscription money, and you will make 100X over the money that you paid into Socrates/Armstrong."

Instead, this thread is constantly about what exactly Armstrong said in his blog or private blog, because NO ONE understands with clarity what he is forecasting.

Yet, of course, everyone seemed to be bewildered and enamored by Armstrong's extensive knowledge, etc. Again, I AGREE that Armstrong is an excellent economist and programmer. But that does NOT equate automatically to accurate forecast.