Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
555Many
on 29/12/2019, 15:16:50 UTC

@s29
The forecast has not changed with the the price target being around the 30 000 area on the Dow. but I suggest you subscribe to the pro version if you actually want more specific trade information by Armstrong. It is extremely unfair to post information posted on his private blog when people are paying their hard earned money for the same information but essentially the S&P 500 and Nasdaq on the weekly level is now showing a major turning point the week of the 13th of January 2020 exactly in line with the ECM(2020.05) We should then see a move to the downside thereafter into at least 2021. Armstrong calls for a 20% or more correction.

If this happens AnonymousCoder and others will be silenced for good and believe me I will be shorting the hell out of this market the week of the 13th of Jan 2020 which should produce a high on a intraday or closing basis on the weekly level.


So what if it doesn't happen, what is the excuse then?  The model forecast a major turning point, what do you define as a turning point? What if in later months it rises above that point? How can we infer that this statement is wrong. It all seems wish-washy with no clear target or concise statement. What do you exactly mean. Others are welcome to write.