Quote from: Gumbi on July 12, 2019, 12:54:19 PM

Quote from: realr0ach on July 12, 2019, 07:11:21 AM

Quote from: DanB1 on July 12, 2019, 06:55:09 AM

Thanks Gumbi. So can I now come to the conclusion that Socrates does not really work for trading?

You must have missed the part where he said in "2015.75" all markets everywhere would crash and they've done nothing but go straight up ever since. The markets are all completely rigged and non-aggregate, controlled by the ESF/PPT and other organizations, so even if he did have some type of miracle model (he doesn't), he would still wind up being wrong anyway.

the markets were crashing into the 2015.75 target on the ECM indicating that new highs would be carved out in the future. I decline would of been indicated if the market was making highs going into 2015.75.

Can you proof that he said that markets would crash after 2015.75?

all markets are not completely rigged that is an absurd conspiracy theory. Japan lost over $1 trillion trying to support the Nikkei share market and still could not reverse the bear market, no amount of money can ever manipulate a market and change its trend.

@DanB1

I anticipated the direction without waiting for the Dow to elect its key weekly reversal so this trade was my mistake, this is what Armstrong was talking about when he said DO NOT ANTICIPATE"
Since we exceeded the high made on the 1st of July yes looks a cycle inversion. August is a turning point it looks like a high at this point.

"We do not see highs on any SUSTAINABLE basis until the ECM bottoms come January" The market is not truly breaking out we are due one more retest of support most likely in the fall.

Sorry I have to put my 2c in on this. Since I've been trading/investing since 1998, first as a day trader, now to sometimes swing trade and buy and hold short/intermediate term, I'm always in conflict with MA. The reason is is my technical analysis training. In my previous post on the Dow breaking out with the 3 taps and out is an example, it took me all of 10 min. to come to that conclusion and yes this is a break out since 27k has been resistance since feb 2018. I'm by no means an expert but of my own experiences. As far as Anticipation goes, first he has said in the past that traders always trade on expectations, ie anticipation, second this also shows on, earning, news, fed and regs, third reversals are no different then a conformation as in candlestick TA, Bar has different rules, sorry I can't reconcile this and always fall back on my own TA and experience. I personally can not handle all the conflicting, contradiction and vagueness of his writings and system. IMHO