Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
s29
on 28/02/2020, 00:03:41 UTC
wow wow wow market getting crushed will keep you guys posted if he posts on his private blog. making bank lads. he will surley comment on this soon. 4000 points since ecm turn this is a dream someone pinch me.

Let's remind everyone what happened at the ECM turning point and the stock market:


First there was a correction, nothing to speak of (3-4% on major indices). Precisely on the intermediate bottom Marty was self congratulatory for calling the high. Then everyone who was short got blown away in just 4 trading days with new highs on all major indices. Most people got out of their shorts, and they probably didn't profit from the current decline.

Now if the current correction occured from the ECM high I would have given Armstrong props for calling the top and the ECM date. But that simply didn't happen. Dito with the bond market.