MA_Talk You claim to have been following Armstrong for decades yet have misunderstood even what a panic cycle is please explain to me again since you are such an expert?
and also what else do you have on the charlatan that is Armstrong you must have exposed him I recall you had many points about how you had exposed Armstrong as a charlatan please put forth your views? even though you have already stated you stopped following Armstrong since 2015
I can't remember exactly when I stopped following Armstrong. 2015 was just the approximate time. Before that however, I read every single article available from him.
Since you have also read his stuffs since 1995, could I check with you on my following understanding of Armstrong's stuffs, and see if they are the correct understanding:
1. Nothing in the market or even in the world is really random. What has been set in motion decades ago, cannot be changed. Armstrong's Socrates observe all global events and capital flow (unlike the fishbowl economists), and the forecast/predictions around the world are obviously interlinked and inter-related.
2. The number 26 is from 52/2, and 52 is from 8.6x6=51.2, and 224 is from 8.6x26=223.6.
I never claim that I'm an expert on Armstrong. I just quote Armstrong, because I don't want to make the stuffs up. You can explain what you think Armstrong means by Panic cycle, but my understanding is that panic cycle will be a period with high volatility, and could be either up or down, and almost certainly exceeds either the highest or the lowest point achieved in the previous period (day/week/month/year). I'm sure Armstrong may have explained that somewhere, but since he writes so much, very often it's hard to find something unless some notes were taken.
It's getting too late at night. I will re-post those previous points that I have made when I find time. I also want to dig out the URL links, which will take quite some time and research. I do NOT want to make stuffs up, and talk about Armstrong just based on my personal memory.
" I'm sure Armstrong may have explained that somewhere, but since he writes so much, very often it's hard to find something unless some notes were taken."
Thats not true all you have to do is type into google: "panic cycle" Armstrong Economics
You can also go to his website and type in the search bar. "panic cycle" and you be able to read just about everything he ever said about it.
In summary
70% of the time a panic cycle is an outside reversal or capitulation
30% of the time a panic cycle is a fast one way move.
"The Panic Cycle can also be a big move in one direction, but they are often outside reversals meaning that they can exceed the previous high and then penetrate the previous low"
So for example The month of February 2019 was a panic cycle on the Dow since it was a big move in one direction. I recall many posts of you saying the month of Feb was not a panic cycle
"The major Cycle of Political Change appears to be the duration of 224 years In which there are 26 periods of 8.615 years."
Source(
http://s3.amazonaws.com/armstrongeconomics-wp/2012/03/how-all-systems-can-collapse-overnight-709.pdf)
Just not so sure about your calculation on the 26 year frequency other than it is 8.6 x 3 = 25.8