Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
DanB1
on 26/11/2019, 15:38:41 UTC
The call by Armstrong is for the Dow to make a high In January 2020 in line with the ECM, a high this week with a low the week of 12/02 will confirm this, with a drop back going into 2021(2nd quarter)


@DanB1
 The play is still on but should be choppy, we have back to back directional changes going into February.


To me, this last answer doesn't feel right.
I get the idea it's now more like: yes, it might play out like that but not sure, and if it doesn't than I'm still right because there were back to back directional changes and you were not smart enough to understand!
And that's exactly the vagueness in every text that Socrates publishes, it can go both ways.


Never mind Gumbi. We are making higher highs again after yesterday's ATH close.
Good luck trading on that kind of information!


What I mean by choppy is there is a directional change in December and January back to back which implies we turn down going into December and then up in January making a new high. You would never trade on the array alone or on the words of Armstrong, this play needs to be confirmed by electing reversals. This is has been your mistake all along.

This was my original post
"The call by Armstrong is for the Dow to make a high In January 2020 in line with the ECM, a high this week(11/18) with a low the week of 12/02 will confirm this, with a drop back going into 2021(2nd quarter)"

I only trade on reversals, nothing else. The reversal system is the very foundation of this model. We elected two daily bullish reversal yesterday so today's move is as expected.


First of all, it's not my mistake as I don't use Socrates anymore to make my trades (and my net profits have gone up since then big time). I'm just repeating what you have been saying!
Your answer is exactly what I expected. It's me/us that don't know what we are talking about. We now elected new reversals so MA can now say he has been right.
Even my 8yr old son would not believe this crap anymore.