Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
CaymanJack
on 08/01/2020, 17:28:08 UTC
Thanks Parisboy.

Currently I'm mostly interested what happens around January 18 ECM.
So far I have been long this market big time and where I would normally haved trimmed some around end of December I decided to see if we would rally into this date.
So far not much is happening but I'll wait and see. Gumbi has send me some information and numbers and I keep a close look at it.

If indeed a big top (for instance going towards 30K in DOW) is created around the ECM with a year long draw down then that is a nice call and I will trade it.
If nothing happens I myself close the book on MA and move on.  


He's actually calling it both ways now. From his private blog, not verbatim, if a low into the ECM, then he would expect a rally thereafter once the 2019 high is exceeded, otherwise a high into the ECM warns of a correction before the break out.

I was subscribed to his basic service which is utterly useless and I've since cancelled after his numerous failed calls.