Quote from: 555Many on December 29, 2019, 07:08:17 PM

Quote from: Gumbi on December 29, 2019, 06:27:08 PM

@trulycoinednonymousCoder
"The forecast is that it will either go up or it will go down"

That is a complete misunderstanding by AnonymousCoder as I said in a previous post quite clearly.

"There can be no excuse that is impossible. If we see a high in line with the ECM the market has to go down or the ECM will be proven to be completely false."

He also cannot answer to the monthly bearish in his disaster reversal post specifically the Dow not including the 21600 monthly bearish reversal.

Oh ok, I see. Sorry about that. So how can I right now see and identify a high on that week if it occurs to evaluate what you say is correct. On that week of 2020.05, guess it is the 13'th January from that week to the end, from that ECM date, 0.05 x 365.

This is getting ridiculous. Armstrong's statement above ...

"If we see a high in line with the ECM the market has to go down..."

This ridiculous statement is self-fulfilling in itself. He must think that his followers are complete idiots.

In hindsight, that high can only be a high in line with the ECM if the market goes down after it. Otherwise it is not a high in line with he ECM. After such a high, the market always goes down otherwise it cannot be seen as a high in hindsight.

If in fact the market does go higher after that ECM date, then the high is later and the high is not in line with the ECM so Martin Armstrong can claim that his forecast was true nevertheless because the high was not in line with the ECM.

So here we go again, it is the ambiguity built into the system that lets Martin Armstrong fraudulently misrepresent the performance of his forecasting by playing these games.

The forecast is that it will either go up or it will go down. Here is the commercial (Socrates $$$ per month subscription paid for version) prime example:

A Self-fulfilling Financial Forecast

In other words: Pure bullshit. Sadly there are in fact people who buy this.

Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

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