I posted this way back on page 319 and tried to use one of MA's arrays to predict a change in the GBPUSD pair as a way to see if there was anything worthwhile. I don't think it's conclusive by any means, but to me there appears to be more than just a coincidence that it did in fact show something (note the white lines I drew in using the info on the array) in both major direction changes on the currency. The presumption now from the array is that it will continue down at least until the end of the time frame shown. Now again this was just my interpretation not MA at all (personally I don't think he even knows how to read his own stuff). Anyway I thought I would share since it appears there might be something worth pursuing at least from a cycle perspective.
I have to laugh. Why?
Look at these arrays. There are 12 columns in every array, right?
In this one, it has 6 extremes to pick from, right? 3 highs and 3 lows. 6 out of 12 that is 50%. Please note that in Armstrong speak, there is no difference between high and low, right?
So we have a probability of roughly 50% already that any attempt to fit any curve to this in the way that our Charlatan in Chief advises us to do, will actually be successful. Then you have the variation that these arrays are actually dynamic, so the highs and lows are not fixed while time moves on.
What does this mean? It means that for a curve fitting exercise (in hindsight) you can choose perhaps out of 4 different arrays the one that suits you best. At the end of the day, your success will always be 100%.
Now you think: hey, I have fitted the past with a great deal of cherry-picking, and therefore, the future will cooperate and follow the path of the array into the future? That is pure bullshit. Many people have tried this before. It never worked.
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.