Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
Gumbi
on 06/12/2019, 17:57:05 UTC
@MTL4

 We were updated on January 29 2016 on the gold bounce. We were also given on his public blog on July 23rd 2015,  4 weekly bearish reversals and the lowest at 1026 which needed to be elected  before implying a break of $1000. This has been completely ignored by everyone who must of gone short at the end of 2015. The GMW even called for temp lows at the end of December.

https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-the-bounce-3/
https://www.armstrongeconomics.com/markets-by-sector/precious-metals/gold/gold-it-aint-over-until-the-fat-lady-sings/


 I personally do not think Armstrong could of publicly gone long at the end of 2015 based off of one minor quarterly bullish which also can take 1 to 3 quarters before the expected move takes place.


This wasn't just one trade, this went on for most of 2016 and into 2017.

Look at the price movement of gold in 2016 he said in early 2016 that this rally was not a true breakout and he was only wrong about gold not making a new low in 2016. He also said gold will only lift off in 2017 on his private blog. I posted all this previously with his comments on gold through that time period…

But why not talk about other calls on gold made by Armstrong why just focus on one? Even this year he made many great calls on Gold on his private blog.  I mean its almost 2020 and you are talking about a gold play in 2015… what is going on here.

 From 2016 going into late 2018 the private blog was the only place where you would get the array and reversals together with the gaps to the next, this is the only way to actually trade effectively. Even just trading on the election of reversals can work but you can never trade on the sentiment of a public blog and whether Armstrong is bullish or bearish that is a sure way to lose.


The way to use the model is the merger of Reversals and TIME(array)