Today's blog from MA states that a "rare superposition even occurred on Fri 31st Jan marking the low".......

BUT on the 2nd Feb on his private blog:  "we did close the week below the 28,375 level, which implies we do have a correction in progress"


Honestly, you couldn't make this stuff up.....

Today's latest blog is saying that the next chance of a pandemic will be 2022.....the goal posts keep on moving!  He can never be wrong that way....if nothing happens in 2022, it will be 2024.  Its just a guessing game at the end of the day.

@Lunareexpress......I fail to see your point here?

The Black Death killed 25m people.....are you trying to insinuate that the Coronavirus (which by the way kills a few hundred people every year) is somehow a Socrates prediction?  The death toll is less than 30 people & nothing has happened yet i.e. it is statistically irrelevant. 

Yes things could change, yes there could be a pandemic outbreak & yes anything is possible but this is nonsense.  Come back when you have some facts to share.

Its no wonder MA is able to manipulate the masses with comments like that....lol

Yes this is taken from the private blog, I won't post the exact update for obvious reasons but this is clearly a major U-turn in his 'predictions'.

I notice year end that Armstrong is now saying that Gold should no longer collapse & that it is most likely to retest support at the 1400 level.

So having been a bear on Gold since 2015 in every WEC & slating all the Goldbugs I guess this is his way of saying....whoops, got that one wrong!

Thank you AnonymousCoder & Traxo for your timely replies.


If Armstrong could at least be prepared to discuss his previous calls during the WEC's I wouldn't mind so much because knowing where you went wrong in a trade is just as important as knowing why you were right!  Secondly, humility is a very important asset when dealing with a large group of people who are eager to learn & by not being accountable for his calls, he makes the same mistake as the politicians to which he blames in all of his writings. 

Each WEC should at least start off from the previous WEC to show continuity & to address those areas which had either proven to be correct or incorrect.  At least then the audience would be given a fair & open assessment of what to expect for their $2,500. 

It should also be noted that Mr Armstrong did not graduate in Economics from University & thus is not technically an Economist so surely the team at AE would be even more keen to prove their abilities at predicting the future by going over the number of correct/incorrect calls from the previous WEC?

This is my sticking point with Armstrong & the answer is clearly one of two things:  a) They have the worst PR department in the history of any business or b)  He is a indeed a fake.....



I take no pleasure in writing this last statement & of course I am open to criticism but I have also taught higher degree level learning at University & I am well aware of what it takes to deliver material to eager students & be able to discuss events after the fact. 

   

This is my first post here, I am still trying to make Socrates work after 4 years & thus I am not being negative but these are valid points I wish MA would address


I have attended a number of WEC's since 2015 & am happy to give my impartial view on MA's calls so far:

Gold will go below $1,000 - so far wrong
EURO report delivered during a conference in Germany - so far incorrect
GBP - so far incorrect
Bonds - so far incorrect
HK$ peg to go in 2018 - incorrect
US$ to surge in 2019 - incorrect

DOW best market to buy in 2015 - correct
ECM turning point in 2015.75 was the peak in govt - correct IMO

Other points worth noting:

I notice that his calls tend to move further down the track each WEC
The Socrates training seminar is always looking at trades in hindsight
Nobody I speak to is able to grasp a sold trading protocol based off Socrates - this could be due to the way its taught or simply that it does not work in real time.
I was personally told at the WEC in 2015 that the "daily level CANNOT be used for trading when applying Socrates as it is just noise" - in the 2019 WEC we were told that it works over 80% of the time & the $ hit rate is much higher.
IMO most of the blogs are written by MA - the spelling is always poor & it is highly unlikely that the majority of attendees cannot spell. 
Most of the questions on the blog start by saying how brilliant MA is for calling a low/high in a given market - the truth however is that he has not called any market low or high in real time
If Socrates is so perfect, why aren't we seeing hedge funds offer managed accounts to people?

I sum up by saying that Socrates is excellent at looking at data in hindsight & cycles of political change may be looked upon giving the reader further insight into the phenomena of the rise & fall of nations but that is it IMHO.