I was foolish enough to buy one of Armstrong's gold reports four years back and was a subscriber to Socrates for a few months.

The Gold report was a complete waste. It was 90 percent about history. His benchmarks were meaningless and incorrect, and no matter what happened, Armstrong could point to some random vague sentence and claim something.

Socrates was just as bad (only cheaper). The arrays were confusing as hell, usually never correct, and the directional changes never happened. In the summaries, there were odd spelling mistakes. Socrates is allegedly a computer that is never wrong, so how could it misspell simple words?

Armstrong probably duped me out of $900 over 3 years.  He should be in jail for being the biggest fraud in history.

Also, still waiting for the collapse of the Euro he has been calling to happen for 4 years.

You'd think Armstrong would have seen a 35 percent market decline coming from late February to late March. He didn't.
On his own blog, one of his fake emails claimed he nailed the top of the market in January (which he obviously didn't as it peaked Feb. 19 or 20).