why waste your time on sheepies who refuse to even formulate their own investment thesis?  they will be truly lost without their MA shepherd master.... if the sheepies on this thread are really that smart & have real analytical abilities (instead of playing with words & Shakespeare play analysis), why would they need MA to constantly brainwash them on a daily basis... & quote forecasting b.s for the holy grail.

he is hedging his own ass in either mkt directions of breaking out / down within the 20 months range...., so he starts getting bullish or bearish at the two boundary levels.

when either conditions occur eventually, he is going to claim that he has "forecast" it X months ago... hence inducing waves of euphoric ecstasy to his sheeps.  

between the boundary condition, his sentiment changes every other day with the mkt tick, just like Dennis Gartman (at least DG adds value by being consistently wrong).

notice the lack of bullish stance in his write up after Fri's mkt px action...also, his Reversal System is all abt TA, and he clams that it does not uses TA.... what a massive warp ego.  

the daily mkt entertainment pieces continues:

Week in Review – Markets
https://www.armstrongeconomics.com/armstrongeconomics101/basic-concepts/week-in-review-markets/

"This is where our Reversal System keeps us out of harm’s way. It defines the critical points up and down and they do so like nothing else. They are not moving averages, stochastics, technical analysis, or anything subjective. There is no personal opinion involved and that eliminates human error because nobody can do this from a “I think” perspective. The Reversals simply define the critical points and markets gravitate to them rather amazingly like magnets. They will define the change and what we look at is a unified election across the broad scope of markets. The Reversals can catch the trend that is confirmed on a global perspective rather than a single isolated market."

Thanks Marty, for showing what a benchmark example of: guiding useless scenario after the fact in another of his own infomercial Q&A write up on his mumbo jumbo un-tradeable arrays.

Reviewing The Dow Arrays
https://www.armstrongeconomics.com/armstrongeconomics101/reviewing-the-dow-arrays/

slingshot that feeable puppet mind of yours.... guiding useless scenario after the fact.

https://www.armstrongeconomics.com/international-news/europes-current-economy/brexit-v-yellen/

" We will see the Dow come into that sweet spot where you can buy it with two hands and watch it rally to test the 23,000 level in the years ahead. Nobody seems to expect a rally and that makes this even more explosive."

within a week, your super forecaster has flip flop again to the bull camp.... what a joke.

Talking about ego, guess who wrote the following statement?

"Note I am working on the conceptual issue of why that sock puppet user with no reputation and who is noise for us can even reach this sub-community of ours in this thread."

Hint: A coder, an investor wannabe who wrote a brunch of articles that nobody really cares, & someone who has nil professional experience in managing money, and still thinks that he is some big f because he is a MA whisperer ... oh please please check out my real life identify & achievements, me me a super intelligent being, my name is SMIII Gump.

 

i see that you are deeply distressed... get a hold of your emotion.

we are not trolls or idiots... or market newbies & revealing who are you in real life is really secondary here to the discussion.

the discussion is intended to show the 2 sides of a coin.

if you intend to unquestioningly live in the MA fairy tale and can only parrot his writing & needs him to think for you for idea generation, so be it.




 

Have you ever wondered if MA was held in contempt not because he refused to turn over the source code to his supercomputer... but there is NONE to begin with, and he is trying to salvage his last ounce of dignity & leave an exit door for himself, so that he can still continue to hold conferences & sell the world a story about the future like what he is doing now?

His forecast has not extended beyond, 2015.75 on the Sovereign Debt Crisis....so does his master piece presentation slide that supposedly makes everyone a believer that he has a supercomputer that pinpoints every mkt inflection point in the past. it seems like all he does these days is making stuff up accordingly to the major mkt sentiments & movement.

the following zerohedge like article timing couldnt be worse, with the mkt ripping up due to Japanese NIRP the next morning on Jan 29th, Fri. 

Is a Slingshot Move Setting Up? dated Jan 28th, Thurs.

We have penetrated last year’s low in the cash S&P500, but not in the Dow yet. The Yearly Bearish does not come into play until we get to the bottom of the upward channel. Penetrating last year’s low is indeed setting the stage for the Slingshot. Everything on our models is clearly pointing to this trend extending into 2020, and instead of concluding by 2017 that will be the starting point.

We NEED the vast majority to get really bearish calling for the end of the world and declines of 50% to 90%. This is the fuel for the Slingshot we need in place, just as we saw in 1987.

MA exhibits trait of those religious cult leaders, especially those pertaining to Narcissistic Personality Disorder.

This is probably what led him to his fall with the inner cirque du soleil & his puzzling conviction years ago.

Also, finally after weeks of keeping mum on the central thesis, he finally attributed the bounce from this week major support level to: confidence shifts from govt to private asset.

"So far, all 10 major S&P 500 sectors rallied with a 3.2% rise in energy stocks. All but two Dow components were higher as well. This is starting to show something we have been warning about which remains on the horizon. As CONFIDENCE shifts from government to the private sector, we should begin to witness an alignment where all private assets begin to rise against government."

http://www.armstrongeconomics.com/archives/42274

My MA forecast is as follows: If next week Fed disappoints, or if & when & if Dow ever breaks, he is going to again induce fear about a 1987-style crash sling shot move during the darkest hours.




http://www.neirr.org/psychissues/Personality_Disorders.htm



What is NPD (Narcissistic Personality Disorder)?

          The Narcissistic Personality Disorder (NPD, 301.81) has been recognized as a separate mental health disorder since the third edition of the Diagnostic and Statistics Manual (DSM), 1980.

          It is described as an all-pervasive pattern of grandiosity (in fantasy or behavior), need for admiration or adulation and lack of empathy.  It usually begins by early adulthood and is present in various contexts.  Five (or more) of the following criteria must be met (all quotes are from Dr. Sam Vaknin’s Malignant Self Love:  Narcissism Revisited):

1.  Feels grandiose and self-importance (e.g., exaggerates achievements and talents to the point of lying, demands to be recognized as superior without commensurate achievements);

          “The narcissist is prone to magical thinking.  He thinks about himself in terms of ‘being chosen’ or of ‘having a destiny’.  …He believes that his life is of such momentous importance, that it is micro-managed by God.  …In short, narcissism and religion go well together, because religion allows the narcissist to feel unique.”

          “God is everything the narcissist ever wants to be: omniscient, omnipresent, admired, much discussed, and awe inspiring.  God is the narcissist’s wet dream, his ultimate grandiose fantasy.”

2.  Is obsessed with fantasies of unlimited success, fame, fearsome power or omnipotence, unequalled brilliance (the cerebral narcissist), bodily beauty or sexual performance (the somatic narcissist), or ideal, everlasting, all-conquering love or passion;

          “The narcissist is haunted by the feeling that he is possessed of a mission, of a destiny, that he is a part of fate, of history.  He is convinced that his uniqueness is purposeful, that he is meant to lead, chart new ways, to innovate to modernize, to reform, to set precedents, to create.  Every act is significant, every writing of momentous consequences, every thought of revolutionary calibre.  He feels part of a grand design, a world plan and the frame of affiliation, the group, of which he is a member, must be commensurately grand.”

3.  Firmly convinced that he or she is unique and, being special, can only be understood by, should only be treated by, or associate with, other special    or unique, or high-status people (or institutions);

          “The narcissist despises the very people who sustain his Ego boundaries and functions.  He cannot respect people so expressly and clearly inferior to him, yet he can never associate with evidently on his level or superior to him, the risk of narcissistic injury in such associations being too great.”

4.  Requires excessive admiration, adulation, attention and affirmation – or, failing that, wishes to be feared and to be notorious (Narcissistic Supply);

          “A common error is to think that ‘narcissistic supply’ consists only of admiration, adulation and positive feedback.  Actually, being feared, or derided is also supply.  The main element is ATTENTION.”

          “He feeds of other people, who hurl back at him an image that he projects to them.  This is their sole function in his world: to reflect, to admire, to admire, to applaud, to detest – in a word, to assure him that he exists.”

          “In short: the group must magnify the narcissist, echo and amplify his life, his views, his knowledge, his history…”

5.  Feels entitled.  Expects unreasonable or special and favorable priority treatment.  Demands automatic and full compliance with his or her expectations;

          “He considers his very existence as sufficiently nourishing and sustaining (of others).  He feels entitled to the best others can offer without investing in maintaining relationships or in catering to the well-being of his ‘suppliers’.”

6.  Is “interpersonally exploitative”, i.e., uses others to achieve his or her own ends;

          “He will not hesitate to put people’s lives or fortunes at risk.  He will preserve his sense of infallibility in the face of his mistakes and misjudgments by distorting the facts, by evoking mitigating or attenuating circumstances, by repressing the memories, or simply lying.”

7.  Devoid of empathy.  Is unable or unwilling to identify with or acknowledge the feelings and needs of others;

          “But the narcissist does not care.  Unable to empathize, he does not fully experience the outcomes of his deeds and decision.  For him, humans are dispensable, rechargeable, reusable.  They are there to fulfill a function: to supply him with Narcissistic Supply (adoration, admiration, approval, affirmation, etc.).  They do not have an existence apart from the carrying out of their duty.”

8.  Constantly envious of others or believes that they feel the same about him or her;

          “First there is pathological envy.  The narcissist is constantly envious of other people: their successes, their property, their character, their education, their children, their ideas, the fact that they can feel, their good mood, their past, their present, their spouses, their mistresses or lovers, their location.”

9.  Arrogant, haughty behaviors or attitudes coupled with rage when frustrated, contradicted, or confronted.

          “That which has cosmic implications calls for cosmic reactions.  A person with an inflated sense of self-import, reacts in an exaggerated manner to threats, greatly inflated by his imagination and by the application of his personal myth.”

          “Narcissists live in a state of constant rage, repressed aggression, envy and hatred.  They firmly believe that everyone is like them.  As a result, they are paranoid, suspicious, scared and erratic.”

dow flash crash to 13K, 1987 style?

what happen to his central thesis of public to private assets that he keeps prophesying that is supposed lend support to the equity mkt & to infinity beyond.

phase transition (head) or sling shot (tail)... i guess he is going to say that he or computer calls it when either one of the event eventually happens.

at the end of the day, do not let his extreme views distort yours because it seems like he doesnt know what is going to happen more than you do & is relying on traditional px action to justify his storyline.