Quote from: s29 on July 17, 2019, 10:14:42 PM

Quote from: trc4949 on July 17, 2019, 05:14:18 PM

So armstrong in his latest member blog post is offering a new 1500 per year subscription to track the DJIA which will include "video ongoing updates as needed for the next year".

And he saying that if August bar does not exceed July then a risk of a "decline into the fall"

Sounds like by him offering this new membership he is expecting a sharp move down in DJIA into 2020, and maybe this is the long talked about slingshot Huh

!!! which would be the buy of the centurY ?

The slingshot WAS december 2018. Armstrong had been gossiping about a slingshot for years; and then it finally happens, and did he say buy? No, he was talking trash about a retest just a few weeks after the bottom. He completely missed the sharpest 25% rally in history of the stock market.

Yes, Socrates missed an amazing rally... many - including myself- sat on the sidelines for most of it...so what is there left? Is socrates all of the sudden going to pick up on the greatest drop in history too only to rebound? Doubt it. Lot son money till parked on the sidelines.

What I don't understand is why Armstrong didn't discuss all the recent energy posts during the December low? Ah... but he was talking about 18,000 DOW too at that point, so who would go long? Seems to me that his energy indicator is a better indicator than any array or reversal. Yes, Armstrong called for a retest of the December lows for a majority of the rally. Kept calling temporary highs too. All wrong. Now here we are.