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Showing 6 of 6 results by parrisboy
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Topic
Board Economics
Re: Martin Armstrong Discussion
by
parrisboy
on 16/01/2020, 11:38:40 UTC
MA is desperately trying to align whatever he can find news wise to coincide with his dates and then blurt out see I was right again
Never in advance always in hindsight
Rear vision Marty looking where he’s been to guess where he’s going

In France we have a saying : "Prevision is hard, mainly when it concerns the future !"  Grin
Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
parrisboy
on 09/01/2020, 20:32:09 UTC
https://vimeo.com/ondemand/theforecaster

By the way, another disappointment from Marty !

In the fees paid to attend the WEC 2011 in Philadelphia were included quarterly updates for several markets.

And at the conference Marty told us publicly that we will be given a video of all his interventions which were recorded by a german television team which later produced "The Forecaster".

We never got this video in spite to many calls to Marty's secretary and I saw The Forecaster (and Marty) later in Paris during a private projection for the modest fee of 12 euros !

May I add that despite numerous requests of my friend Pierre to Marty's secretary, he never got the promised market updates
Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
parrisboy
on 09/01/2020, 17:37:54 UTC
My experience with Market "gurus" is that it is the "groupies" who create the "guru".

without "groupies" no gurus.

I was very disappointed in WEC 2011 in Philadelphia. I discovered that 99 % of the attendants were satisfied with MA prestations.

I assume it is the social approbation trick + the fact they have paid a lot of dollars

IMHO that is the second trick : the more you pay, the less you can accept you have made an error and wasted your money

hence you list all the "rational  " reasons explaining , justifying why you have not wasted your money.

My personal cost was my share of the trip , around 500 euros , which is reasonable for a 4 days touristic excursion in Philadelphia and surroundings !
Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
parrisboy
on 09/01/2020, 02:51:08 UTC
Does anyone have a list of all the schools of thought/people Armstrong took his ideas from? The more I read on Dow theory, the closer the ideas seem to be on Armstrong's words about trend movements.

Bikefront

Marty was during several years Chairman of the FSC (Foundation for the Study of Cycles

this is the place where he acquired most of his knowledge about "cycles"

the "array methodology" to determine cycles periods was of common use before researchers could use personal computers

FSC published the review Cycles . I have all what was published by "Cycles"

https://cyclesresearchinstitute.wordpress.com/2011/08/26/cycles-research-institute-is-7-years-old/
Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
parrisboy
on 08/01/2020, 16:54:26 UTC
Anyway Marty has interesting macro-econonomical concepts and viewpoints !

Plateau Move
Waterfall Event
Phase Transition
Directional Change
Private & Public Wave
Money Flow

and many others even if he borrowed some from others. At least for me he underlined these concepts.

All his papers and books about the history of the Banking system are very interesting

you will NEVER earn a cent trading Marty's Technical Tools because Marty has none available for the average guy like you and me.

Do not forget that Marty in his splendor dealt with central banks , financial institutions, hedge funds etc and limited to 3 attendants for each institutions the participants to his conferences.

The ticket price at the time for attending one of his conference was 10.000 $.

Now, after he spent 9 years in jail, Marty is a leper in the financial world.

Marty to survive now develops a new market : you
Post
Topic
Board Economics
Re: Martin Armstrong Discussion
by
parrisboy
on 08/01/2020, 15:44:03 UTC
Memories of Marting Armstrong WEC conference in Philadelphia in December 2011 .

Just Before , Marty was in jail and published interesting papers and analysis written with a pencil and on paper toilet !

Then Marty is released and organizes a conference in December 2011

As I was part of a group of private investors in Paris, one of my friend Pierre organized a trip to attend the conference.

general idea was :

Parisboy is free, he is retired, he has time to go
Parisboy understands , speaks and read english
Parisboy knows almost all about Waves and Cycles then he (we) could benefit fully from such conference

etc

Budget was around 6.000 $ - Fees 2.500 + plane + hotel + visa + ....etc 50 % coming from Pierre

As I am a serious guy , I read ALL papers I had from Armstrong + all those I could put my hands on through the net.

Then I made a synthesis of the dispersed thoughts and methodologies Marty sparsed in his papers.

Moreover I read all the "transition" papers Marty send the participants before the Conference.

I was ready ! summarizing all during the flight. Ready for the examination before the Master.

Arrived at friday evening, met 2 other french guys coming also at their expenses. Excellent dinner in a nearby restaurant from Louisiane.

Skype with Pierre : ready to go.

Next morning - Great breakfast with the other participants. 2 nd Skype : READY

During the morning conference , slight deception Marty talked about all and nothing, general life and politics and economy, summarized his story, his life in jail . We knew already all, having read his papers.

I thought : OK Marty has to vent the pressure, it is his first conference AFTER jail, he has to keep synch with us .

Intermede : nice buffet lunch before the afternoon conference . I WAS READY

we came back into the room .

5 Minutes after having put my ass on my chair , I knew I was fucked, that we were fucked.

We found on the table before each of us a copy of a "methodology " paper we had already received (and read and studied) !

And Marty during 4 hours (14 h / 18 h) just READ above paper with some comments.

On a big screen we could see OLD charts published years ago by him, not one were updated

after the conference 3 rd Skype with Pierre : WE WERE FUCKED ! MAN

nice dinner in the same restaurant

the next day 2 conferences of Marty chit-chatting about Congress, laws, The Economy , Gold, Silver etc - kind of small talk answering questions

very nice dinner again after the evening cocktail.

Nice trip, excellent tourism - visit of the Gettysburg Battlefield, roundtrip around Philadelphia with pictures of the Rocky monument, visit of the Declaration of Independence, visit of the USS New Jersey

I WAS FUCKED

Thanks Marty for the excellent food : lobsters and seafood from Louisiana and the good tourism

For the fun :

I came back from Philadelphia to Paris with soaps, napkins, pencils, letter paper, envelopes all with the printed name of the Westin Hotel where was the Conference to prove my friends I REALLY was in Philadelphia and did not stayed in Paris cashing their money !

Thanks Marty