Quote from: nattybear on July 26, 2019, 10:32:07 AM

I recall that July is meant to be a panic month according to Gumbi.

Granted, there's time for it to playout however so far it's only been a ~800pt trading range. Only April had a smaller range this year. Prior to that, we're going back to 2017.

The way you use this system is incorrect. The system is meant to be used in hindsight. Then you pick the signals that best match the situation that actually occurred.

Available signals to pick from in a single time frame:
- momentum (bullish / bearish / neutral)
- trend indicator (bullish / bearish / neutral)
- long-term trend (bullish / bearish / neutral)
- cyclical strength indicator (bullish / bearish / neutral)
- direction with respect to indicating pivot (above = bullish / below = bearish)
- timing (complicated, confusing, ambigous: turning points, directional changes, panic cycles, volatility)
- overall tone after recent elected reversals (bullish / bearish / neutral)
- The broader tone of the market (bullish / bearish / neutral)
- Oscillators position (bearish / bullish / mixed)
- Energy (rising / declining)
- Immediate Reversal election (Bullish / Bearish / none)
- Fake elected Reversals https://bitcointalk.org/index.php?topic=1082909.msg51666429#msg51666429
- Superposition event canceling a recently elected reversal

Yes, I am not joking, these can all appear in a single report.

Then there are signals that must be considered but they are not in the reports:

- The NON-election of a reversal of a higher order i.e. major (the most ridiculous "signal" I have ever seen)
- Reversal One Percent Rule
- Reversal gap

We are counting 16 signals in a single time frame. When we multiply this by 3 for daily, weekly and monthly time frames to be conservative, we get 48 signals, each of them may have different directions.

The Socrates "system" does not provide a computerized solution for consolidating these signals into a measurable response.

Practically speaking, however, these signals are very useful for Martin Armstrong and cohorts (Gumbi, Alex-11, over45, Strike Eagle 26) to point out in hindsight that the system was right again because signals x y and z told you so. We have seen Gumbi do it here:

https://bitcointalk.org/index.php?topic=1082909.msg51536685#msg51536685

This case is the worst because he is picking the "The NON-election of a reversal of a higher order" signal to invalidate an elected Reversal.

That IS the design of it, the design of a charlatan. It is not designed for the user to make a profit. It is designed to show the user after the fact how they SHOULD have made a profit because Socrates is always correct.

Anybody wanting to pay Martin Armstrong money so he can call them a fool?

Martin Armstrong is a charlatan, and he spent 11 years in jail for a reason.

Read this blog starting at page 273 to find out more about computerized fraud.

See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.