More claims without evidence... "This interview confers Socrates forecasting the mid-March bottom followed by a strong rally."
https://www.armstrongeconomics.com/armstrong-in-the-media/new-interview-the-mid-march-bottom-and-civil-unrest/
https://www.armstrongeconomics.com/armstrong-in-the-media/new-interview-the-mid-march-bottom-and-civil-unrest/
This is exactly what I meant by Martin Armstrong begin a shameless conman and financial comedian:
Martin A. Armstrong: convicted felon, shameless conman, schizophrenic crackpot & financial comedian[/b]
On Reddit they are not so happy about Armstrong boasting about pinpointing the March-low:
Quote
r/aec
Posted byu/jz888888
6 hours ago
MA changed forecast again
"This interview confers Socrates forecasting the mid-March bottom followed by a strong rally. Only an advanced computer system capable of viewing every market simultaneously while comparing past patterns, timing, and pricing could make such a forecast. Additionally, the interview discusses how our models pinpointed the beginning of the rising civil unrest that we are currently witnessing on a global scale. This is an organized attempt to reconstruct the world economy. Stay informed."
uh... MA was forecasting an April double bottom, then when it did not happen he said he shall be a 2nd quarter ending quarterly bottom. Now is that a HUGE retract of his words???
HitokiriK
6 hours ago
Can anyone with socrates confirm armstrong's words?
kai0in0sky
2 hours ago
Originally he was forecasting march bottom and 2 days bounce, which ended up being 3 month bounce. I think the reason he said that is because MA never expect DJI could bounce all the way back up to the weekly bullish reversal. (we made so many freaking Cycle inversion on the weekly level, e.g. up up up)
I think the logic is If A happen then B, else C. MA has lot of personal bias when reading from Socrates (Socrates never say double bottom, or i don't know if it capable to)
DJI only selected some minor bullish reversal on both weekly and monthly, which are not strong enough to reverse the downward trend. So given that, it is possible to have a lower low in 4th Qtr. Again, please don't go short unless there is some price action supporting it.
Posted byu/jz888888
6 hours ago
MA changed forecast again
"This interview confers Socrates forecasting the mid-March bottom followed by a strong rally. Only an advanced computer system capable of viewing every market simultaneously while comparing past patterns, timing, and pricing could make such a forecast. Additionally, the interview discusses how our models pinpointed the beginning of the rising civil unrest that we are currently witnessing on a global scale. This is an organized attempt to reconstruct the world economy. Stay informed."
uh... MA was forecasting an April double bottom, then when it did not happen he said he shall be a 2nd quarter ending quarterly bottom. Now is that a HUGE retract of his words???
HitokiriK
6 hours ago
Can anyone with socrates confirm armstrong's words?
kai0in0sky
2 hours ago
Originally he was forecasting march bottom and 2 days bounce, which ended up being 3 month bounce. I think the reason he said that is because MA never expect DJI could bounce all the way back up to the weekly bullish reversal. (we made so many freaking Cycle inversion on the weekly level, e.g. up up up)
I think the logic is If A happen then B, else C. MA has lot of personal bias when reading from Socrates (Socrates never say double bottom, or i don't know if it capable to)
DJI only selected some minor bullish reversal on both weekly and monthly, which are not strong enough to reverse the downward trend. So given that, it is possible to have a lower low in 4th Qtr. Again, please don't go short unless there is some price action supporting it.
Armstrong is an absolute travesty.