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of course I know "free energy" and that most scientist say it's nonsense and have their explanation. I'm sure that Armstrong knows it too.
It's like in the 14th century, where you come up with the idea that the earth is not flat but a ball. Totally and completely unimaginable and against all known laws of physics.
Either ways, I've never seen such a device with my own eye's nor I am a physicist or an inventor.
I only know that some guy approached MA and showed him something and it seem to have impressed MA.
I also know that if you are looking for something that you can use against some expert, you welcome just anything. Even if doesn't really have anything to do with the area of expertise of this guy. That the standard procedure everywhere , be it politics, media or science. You just through some mud at somebody and hope something will stick on him.
What I found was, the first bullish reversal coresponded with the high of the previous rally and the .....
I've also noticed that, but I didn't look closely at it. This is really required if you want to make a final statement about this connection.
E.g. what if an instrument makes new highs never seen before? Reversals are still there. From where should it take those reversals if no history of a similar high is available?So, that make three of us in the last 6 post,hmmmm. You would be better off learning and trading on your own. I've found I'm correct more so then MA. As far as picking reversals out of thin air, I've posted about projection on post #5987. I stated 2 projection (reversals) that were derided from the pattern of Head and Shoulder and triple top. All patterns can be projected from it's breakout point. Some are "Flag", "Pennants", "Horizontal channels", "Wedges", "Double top", "Cup & Handle" and as mentioned H&S and triple top. Then you have the Candlestick patterns. My retail broke has these patterns embedded and all I have to do is pick one and wait for them to form and trade them. Oh, and they can be back-tested for performance. That's from a retail broker! I'm sure many here have them. I've seen trading system that do elect buy and sell signal in real time for whatever your perimeters you set. There's even systems out there that actually does the trading for you, you open an account, set your perimeters and it automatically executes the trades for you. The cost probably is competitive with MA system. If you really look around and see what's available out there, then MA doesn't look that impressive. For $1800 a year you can subscribe to Metastock, a world class trading software (which, I believe has automatic trading) and they give you all the tools needed. As for no history or patterns to go by, again in a previous post I show these number can be projected with Channels and trendlines and probably be just as accurate or in the ball park.