Quote from: SOC1 on February 06, 2020, 07:02:58 AM

Quote from: bikefront on February 06, 2020, 04:44:59 AM

See, this is exactly the problem with Armstrong. How in the world could anyone have traded off this 'forecast'?

A) "The ECM turning point was worked like a charm"

B) "The Dow peaked precisely with the ECM, which often warns of a reasonable correction in the 20% range is possible"

C) 2nd Feb - "We did close the week below the 28,375 level, which implies we do have a correction in progress" THE FOLLOWING 4 DAYS THE DOW WENT UP 1,200 POINTS IN A STRAIGHT LINE

These are the facts, I'm not sorry if you find them offensive.

A) Yes, Armstrong is correct here. The ECM turning point (i.e., con) was worked like a charm. Never fails in its fraud..
B) Yes, Armstrong is also correct here. It often warns of a reasonable correction. It is YOUR fault for not subjectively interpreting his writings in such a way as to profit from it.
C) Yes, Armstrong again is also correct here. If you looked in the rear view mirror as Armstrong teaches, you would have clearly confirmed that a correction was in progress. Now if you look again in hindsight, you will clearly see the uptrend. What you need to do now is wait until the following week for the next installment of Armstrong correctly predicting the past.