Quote from: olegrey on August 25, 2019, 05:10:09 PM

On Friday the DOW elected the bearish reversal of 26020.05 with a closing of 25628.90 a 1.5% difference. I have bought a position in DOG

I have seen as many good reversals as I have seen bad reversals that were outside the 1% rule such as this one.

I guess you believe that a flat-earth system such as Socrates can predict future price movement by simply inspecting the time series (which is what it does and nothing else).

Then if this reversal fails, then the Socrates system has the built-in ambiguity to tell you that YOU were wrong because you did not strictly follow the 1% rule. You will find in hindsight that you could have seen this by looking at the forecast array which is again ambiguous. You would have seen that there was some kind of turning point and you should have traded in the opposite direction.

That is why this system is a scam. Not because it is not always right. No system can always be right.

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.