Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
CaymanJack
on 27/01/2020, 15:16:41 UTC
To call a top/turning point months before it happens is a big call. The DOW could as well just continued going up last week and this week. But for some reasons the market seems to turn. Look at Europe this morning, we haven't seen this for some time.

So whatever happened, Socrates picked up some signal. You can call it sheer coincidence or BS or whatever, I couldn't care less. For me opinions are worthless, facts matter.
I think any serieus investor should always keep an open mind and I'm happy that I closed some positions before the ECM. I might be adding again depending on what happens next, no idea at this point.

Of course MA has been wrong many times. But I've read that Jim Simon's fund is also often wrong on it's investments, but to get the sizing and positioning right on what works is what brought him these enormous gains.


He never called a top months before this, he called it both ways. What about the other turning points where nothing ever happened or all the other opportunities that Socrates completely missed?

You simply got lucky, but how do you trade this so called top? How much of a correction and for how long? Where and when do you back in? Socrates will never give this answer. By the time it does, the market will have already rebounded.