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.
You are saying that he makes two contradicting calls. Additionally, it is interesting that both are self-fulfilling as well. See
A Self-fulfilling Financial Forecast how that works, how he constructs these forecasts.
Worthless.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.