It's true Dan we love Armstrong he has made us a fortune over the years. We can't thank him enough for his contribution to humanity nobody can take that away from him. The business cycle is one of the most significant discoveries by Armstrong and will be remembered long after he has gone. |
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AE Global Insider identified...
2015.75(October 1st) was just the beginning you are simply mistaken, this is a common misconception by many outsiders.
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Just for the record. When Gumbi refers to other posters as outsiders this implies that he is an insider. Read this blog starting at page 273 to find out more about computerized fraud Insider meaning someone who has been closely following his work don't make assumptions which is all you ever do. if the Dow is making new highs going into Jan 18 2020 this will be a indication we move lower if we are retesting support this will indicate new highs going into 2024 the same as it what happened in 2015.75. The most likely reason you are not having any success is because you are not trading for the long term which is much easier to Forecast. Sorry Gumbi, but I had to reply as you are back on your chair again insulting people, but what have you showed us? You had your change to prove us wrong on your trade as "Armstrong stuck his neck out" (your words). I feel sad for you. You really believe that the Socrates system works. There are almost 300 pages here with so many people who posted their experiences and all came to the same conclusion. Yet you wanted to show that you could trade based on this, and on your very first trade you had the same problem everybody has when using the Socrates system. Why I feel sad? Because you try to protect Socrates and say it's your own fault. But the truth is, following Socrates will only give you mediocre results. Sure, there will be some wins. But very often you will be on the sideline, waiting for something to happen so you can step in (long/short). And then after some time you realise you missed the trade. No I don't believe I know for a fact that it works. Belief is only for medicore minds I am not perfect but that trade didn't make me a loss. Just trade on a elected basis the dow elected another daily bullish on the 11th And a weekly bullish today so it Looks like the dow is going to 28k will give you a few more long term trades this time. I really don't want you to miss the greatest trade of the century. |
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AE Global Insider identified...
2015.75(October 1st) was just the beginning you are simply mistaken, this is a common misconception by many outsiders.
...
Just for the record. When Gumbi refers to other posters as outsiders this implies that he is an insider. Read this blog starting at page 273 to find out more about computerized fraud Insider meaning someone who has been closely following his work don't make assumptions which is all you ever do. if the Dow is making new highs going into Jan 18 2020 this will be a indication we move lower if we are retesting support this will indicate new highs going into 2024 the same as it what happened in 2015.75. The most likely reason you are not having any success is because you are not trading for the long term which is much easier to Forecast. |
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Thanks Gumbi. So can I now come to the conclusion that Socrates does not really work for trading?
You must have missed the part where he said in "2015.75" all markets everywhere would crash and they've done nothing but go straight up ever since. The markets are all completely rigged and non-aggregate, controlled by the ESF/PPT and other organizations, so even if he did have some type of miracle model (he doesn't), he would still wind up being wrong anyway. the markets were crashing into the 2015.75 target on the ECM indicating that new highs would be carved out in the future. I decline would of been indicated if the market was making highs going into 2015.75. Can you proof that he said that markets would crash after 2015.75? all markets are not completely rigged that is an absurd conspiracy theory. Japan lost over $1 trillion trying to support the Nikkei share market and still could not reverse the bear market, no amount of money can ever manipulate a market and change its trend. @DanB1 I anticipated the direction without waiting for the Dow to elect its key weekly reversal so this trade was my mistake, this is what Armstrong was talking about when he said DO NOT ANTICIPATE" Since we exceeded the high made on the 1st of July yes looks a cycle inversion. August is a turning point it looks like a high at this point. "We do not see highs on any SUSTAINABLE basis until the ECM bottoms come January" The market is not truly breaking out we are due one more retest of support most likely in the fall. |
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We failed to elect a key weekly bullish reversal but the main reason for the entry is because Armstrong has stuck his neck out here and said we needed to close this week above 26951.82 to imply a further advance. Also the 1st of July has been a turning point with the next showing up as the 8th and normally one turning point is followed by the opposite event on the next, on the energy model we are seeing the market making new intraday highs while the energy models are declining which indicates this rally is not sustainable. On the weekly energy model we are seeing the energy peak before the price high which indicates we may be forming a temporary high. The energy model is very important to understand and helps you to identify when the market is over-bought or over-sold.
Th exit point is the most immediate daily bearish reversal which lies at 26536.32 but we have crash mode technical support at 26617 which may also offer support.
Hi Gumbi, for my information: - What is the time frame you are looking at for your trade to work? - What is your stop-loss for this trade, is that another reversal or the same weekly that we did not elect last week (26,951.82)? I exited for the close on the 10th since we elected daily reversals on the Nasdaq and Dow. we have another daily bullish at 26966.10. This month is a panic cycle so we either move to the upside to 28k area or retest the lows made the previous month if we elect the weekly bullish at 26951.82 it should be to the upside. August is a turning point and October is the next so a high in August implies a low in October. the week of the high/low looks like the week of the 29th or the 5th. |
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this forum seems to have been taking over by AnonymousCoder who can't help but repeat himself over and over again, clearly trying to control the narrative.
"We failed to elect a Weekly Bullish Reversal 2695182 (Socrates does not say that)"
the week of July 1st closed at 26922.12 so we OBVIOUSLY did not elect that reversal lol you need to learn how to think for yourself.
"1st of July is a turning point and the next is 8th July (Socrates does not say that)"
if you bothered to read the reports you would know the week of the 1st was a turning point. the 8th is now showing up as a turning point on the array
from the weekly pro analysis it says under timing "the strongest target in the weekly array is the week of July the 8th"
It seems you are not subscribed to the pro version ?
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We failed to elect a key weekly bullish reversal but the main reason for the entry is because Armstrong has stuck his neck out here and said we needed to close this week above 26951.82 to imply a further advance. Also the 1st of July has been a turning point with the next showing up as the 8th and normally one turning point is followed by the opposite event on the next, on the energy model we are seeing the market making new intraday highs while the energy models are declining which indicates this rally is not sustainable. On the weekly energy model we are seeing the energy peak before the price high which indicates we may be forming a temporary high. The energy model is very important to understand and helps you to identify when the market is over-bought or over-sold.
Th exit point is the most immediate daily bearish reversal which lies at 26536.32 but we have crash mode technical support at 26617 which may also offer support.
Thanks Gumbi. The part I don't get is this: "the main reason for the entry is because Armstrong has stuck his neck out here and said we needed to close this week above 26951.82 to imply a further advance." What do you mean Armstrong came out and said that? It should be the Socrates system giving clear signals right? Correct me if I'm wrong: 26951.82 is a daily bullish and as we not elected that daily and because the 8th is a turning point, in combination with declining daily energy, means we might go down. The planned exit is at 26536.32. To be honest, for me, a 1,5% gain on a trade is a very small profit (I'm not a daytrader). After Friday's job report and the fact that we are so close to the ATH it does make sense that we move down a few hundred points, so for me this trade is not very convincing. But let's see what happens. I agree with Anonymous that we would need the report. 26951.82 is a weekly bullish(major) this was a hard call to make since we are playing the reversals in reverse and we also elected 2 weekly bullish reversals last week but the 1st of July was a turning point and missed its key major weekly reversal.. you would only exit at 26536 if it was tested but not elected. so the play goes as long as the reversals and array dictates. We also have a panic cycle this month so we could test the lows made in June, we are still due one move fake to the downside before we truly breakout so this last test of support could be a possible long term entry. If you want true long term calls then follow the Economic Confidence Model, when the ECM turns on the 18 January 2020 a new trend will emerge in the case of the Dow this will be a possible phase transition.. highs and lows usually occur at the top and bottom of each wave and the markets that line up with the ECM are often the greatest receivers of capital so we have a potential long term commodity bull run from 2020 going into 2024 where we should see commodities peak in 2024. we have a agriculture bull run from 2020 going into 2024. its easy to see how markets align with the Economic confidence model it cannot be denied all you have to do is look. Take gold in relation to the ECM for example in 2011.45(turning point) the bottom of ECM 8.6 year cycle we had a high in gold the ECM then turned and a new trend emerged and gold declined into 2015 with 2015.75 being the peak in the ECM. So as we move into the bottom of this 8.6 year wave in 2020.5 its important gold makes a low not a high so if gold retests its low going into the next turning point this will be very bullish moving forward. People here argue Armstrong missed the low on the Dow in 2009 yet 2009.3 was a minor turning point on the ECM Anybody who argues against Armstrong is essentially saying that cycles do not exist, that all price movement is random and history does not repeat itself. |
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DanB1 a live trade as promised I have entered a short position on the Dow at 26900 looking to exit around the 26550 area
Please allow for private messages to be sent to you
Okay, thanks. Thought you were gone:) So, entered the trade because a bullish reversal was not elected? Or a bearish was elected? Or the array's showed a turning point? Can you please you explain? The thing is that it's not about this specific trade. It's about showing that you can trade according to the reversals and arrays and that it works and it's a repeatable process. If you can let us know here on the blog. Looking forward to it! We failed to elect a key weekly bullish reversal but the main reason for the entry is because Armstrong has stuck his neck out here and said we needed to close this week above 26951.82 to imply a further advance. Also the 1st of July has been a turning point with the next showing up as the 8th and normally one turning point is followed by the opposite event on the next, on the energy model we are seeing the market making new intraday highs while the energy models are declining which indicates this rally is not sustainable. On the weekly energy model we are seeing the energy peak before the price high which indicates we may be forming a temporary high. The energy model is very important to understand and helps you to identify when the market is over-bought or over-sold. Th exit point is the most immediate daily bearish reversal which lies at 26536.32 but we have crash mode technical support at 26617 which may also offer support. |
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DanB1 a live trade as promised I have entered a short position on the Dow at 26900 looking to exit around the 26550 area
Please allow for private messages to be sent to you
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@Ma_talk
absence of evidence is not evidence of absence.
as an outside it is impossible for you to know anything about it so you can stop trying, you also need to RESPOND TO MY PREVIOUS POST, here it is again
MA_talk I have already exposed you as a complete fraud since you stopped following Armstrong in 2015 and the ask-Socrates AI model was only launched in 2016, so essentially you have never traded on a single reversal or array. You simply have no authority to say whether this model works or not because you have zero experience even using it, the pro version only came out in 2019 and you have not even bothered to evaluate it which shows your bias.
Its shows a huge lack of intelligence to believe in someone for 15 years lol and never come to any kind of conclusion about his work that simply shows you were following him blindly without any understanding of your own regarding the model.
Why should anyone listen to you at all?
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you don't know that its a scam you only believe it to be/ so far there has been no real evidence to say that it is a scam the only game this AI playing is the numbers game and all you ever talk about is what Armstrong's opinion. Only mediocre minds will take your word that it doesn't work anyone will any real intelligence will test it themselves.
For you, we are going to build a pocket calculator with "AI" written on it. That pocket calculator will, for each calculation, put out multiple results to choose from. That will keep you happy for a while. you actually don't have any evidence based on the numbers given by the AI and the array's that prove his model is wrong so it is you who needs defend against these big claims that its a scam. None of you know how to even read an array which is a big problem, since timing is everything. what Armstrong is saying I believe is correct he has said it multiple times throughout his career based on the posts of Ma_talk we don't have enough information to conclude that what Armstrong is saying is false, "There is no way that government will let any commercial business to run anything on their super-computer simply due to security reasons" This is MA_talks conclusion which cannot be verified and simply shows he does not know for sure if they let him use it or not and really is a very weak argument and does not give any proof that Armstrong is in fact lying. https://www.armstrongeconomics.com/products_services/socrates/comprehending-the-capabilities-of-ai/ |
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you don't know that its a scam you only believe it to be/ so far there has been no real evidence to say that it is a scam the only game this AI playing is the numbers game and all you ever talk about is what Armstrong's opinion. Only mediocre minds will take your word that it doesn't work anyone will any real intelligence will test it themselves.
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MA_talk I have already exposed you as a complete fraud yourself since you stopped following Armstrong in 2015 and the ask-Socrates AI model was only launched in 2016, so essentially you have never traded on a single reversal or array. You simply have no authority to say whether this model works or not because you have zero experience even using it, the pro version only came out in 2019 and you have not even bothered to evaluate it which shows your bias.
Its shows a huge lack of intelligence to believe in someone for 15 years lol and never come to any kind of conclusion about his work that simply shows you were following him blindly without any understanding of your own regarding the model and now you have flipped to disbelieving him which is another mistake.
Bikefront has evaluated the service but probably only for 3 months or less which is not enough time to say with certainty that is doesn’t work and he is also in disbelief mode.
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Just know that there are many people out there such as myself who are doing well with this model and have been using it for many years now. I also thought it was going to be a lot easier but if you are patient there are certain trades that have a high degree of accuracy and these tend to be trades where there are big gaps between reversal points. There is not much risk to the downside if you simply use the most recent elected reversal as a area of support and if the market goes below you sell.
this service only fully released with all the reversals and array's in 2019 so we are still in the beginning stages i'm sure a lot of things that you have been asking for will be possible in the future.
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There are thousands of people who are making money and the system works for them the only way you can justify this as a fraud is by claiming that all readers comments are fake which is a a huge stretch and delusional at best. Millions of people are visiting his website and clearly are getting a lot out of his work it appears you are the minority here. Just because this system doesn't work for you doesn't make it a scam. In order for you to successfully use this model you need a good understanding of technical and cyclical analysis, be able to read the array, how the market interacts with the reversal system which is all not easy I can tell you but trading in and of itself is difficult and the majority lose money.
You simply cannot explain how me and others you don't know about have had tremendous success with this model because yes at first we failed but in time it all starts to make sense and you need to remember Armstrong is only human trading on his commentary is stupid, you only trade on reversals and in most cases you have all lost a trade because you traded on Armstrong's opinion. Most people are not cut out to handle the emotional stress that it takes to be a trader and it is always going to be your own EMOTIONS that get the best of your judgement and that seems to be what has happened to a lot of you.
@bikefront
that daily reversals system spreadsheet is a joke because it does not take into account what the market did intraday so if the Dow elected a daily reversal and the market moved up and bounced off the next daily bullish only to close lower than the one it elected, you would call that a failed reversal which it is not. Bikefront if you really want to know whether this system works or not you will need to test it for yourself and go in with no preconceived notion, why are you relying on the opinions of others?
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Gumbi, if you look at StrikeEagle's posts, don't you think he sounds very much like Armstrong? And if we go by that 30% and 70% rule of what he claimed Panic Cycles are, he says a strong move in one direction OR an outside reversal happens 30 and 70 percent of the time. SO in other words, a Panic Cycle is supposed to do one or the other 100 percent of the time. That obviously did not happen. Also, can you explain how Armstrong coincidentally timed his Private Blog posts specifically to my claims? The most obvious one was when I said he would have to state where he would be wrong. A little while later, he posted that a weekly close above 25100 is where he would be wrong because that was where the Daily ended and the Weekly began. And the market did indeed make a weekly close above that number on Friday. Then I made more critiques. A little while later, someone who sounds a lot like Armstrong show up and tries to defend Socrates from said claims. I can believe in coincidences. But a series of them is hard to believe, especially when those cooincidences crop up to such specific details.
Here's my thinking. You or Socrates or any follower can make any trading related claim you want. It's fine. Just state what needs to happen to invalidate your thesis. A line in the sand is needed where it will be wrong. Don't understand Socrates perfectly? No problem, it happens to us all. If the winrate and r:r is high enough, it is more than enough to overcome such minutiae, and I'm sure even MA_talk will change his mind if live calls can show a large and consistent profit, even if it is not 100 percent. For myself and many others, we were not able to consistently profit and ended up losing money due to Socrates/Armstrong. Nontrading related claims are not falsifiable- they are subjective and open to almost any interpretation, which is why this forum has gone on for so long. So unless you have a way of making them objective, they stay stuck in the pile along with Nostradamus and crystal balls.
Yes but we are all discussing the same things here so logically the same question is bound to be asked by someone else not just you. Panic cycles are not intended to be 100% accurate since even the aggregate on the array which is the sum of all models is not so. The reversals offer the most precision. I will post a trade If I see one. We had the euro/usd elect a daily bullish yesterday so your line in the sand as to where you are wrong would be if the market moved below that elected reversal which should provide support. We also elected a daily bullish on crude oil yesterday so your risk to the downside would be if the market moved below that elected reversal which should provide support moving forward. The reversals are simply KEY AREAS of support and resistance so if the market moves and closes above a resistance level(bullish reversal) that area should now function as support and vice versa. |
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@MA_talk
reversals can be generated and elected on the same day again I repeat but this is not so common and also you get what if reversals which the AI is displaying but only for monthly reversals for now.
so for example employing what if models on the Monthly level. "using our what if models we see that we have monthly bullish reversals that would be generated if we see another new low penetrating 2480951 these hypothetical bullish
reversals would stand at 2508650,2510963..."
"However If we continue to make new lows then these what if reversals will be replaced by a new set until the low becomes fixed."
all the reports are done entirely by the AI very impressive to say the least.
Armstrong is age 69 years old what do you expect regarding typos.
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...
regarding the unknown reversal it could of been a what if reversal that was elected which is not ready for prime time yet.
"Thank you for visiting Ask-Socrates.com. We are in the process of updating our site, migrating data, and transitioning to a new infrastructure.
You may experience delays and discrepancies during this time. We appreciate your patience and understanding."
every time you log in to ask-socrates you get this message it clearly is not even complete yet.
In this sub-thread we now have discovered THREE additional ambiguities / back doors for perfect denial: 1) Signals marked as success in the reports that cannot be traded (Socrates traded but user did not get a signal) 2) "What if" reversal 3) Back-tracking the entire service integrity by claiming work in progress4) Fully charging for a service still under constructionThank you for clarifying this Mr Martin Armstrong - we know this is you because only you make all mistakes and then walk away laughing. I don't care you clearly are doomed to fail. I suggest you shut down your account on ask-socrates why go on throwing money at a complete scam I mean how stupid are you giving money to a charlatan? you should be ashamed of yourself. Marty, sorry, I mean @Gumbi: can you explain why May 2019 came to pass where it was supposed to hark in a "major financial panic" that never happened? Surely your the Socrates system would have indicated that May 2019 WAS significant, hence the writing about it? Additionally, what is so significant about the 1MBD scandal that it was "selected" as the flashpoint of Pi Day 21 Nov 2018? It involved around $6.5bn dollars, which is chicken feed on a global scale. LTCM that exploded in 1998 had $126bn in assets, or around $200bn factoring in inflation to today's money. That did almost tank the world economy because of potential contagion. If the 1MBD fund was near that sum, perhaps you - I mean Armstrong - might have been onto something. As it is, there are two big calls (Nov, WEC is Nov; May, WEC is in May) that were significant for only one obvious reason: it makes it much easier to sell conference tickets. NO I am not ARMSTRONG, he would never post here to such a small audience. The 1MBD scandal is one of many things that occurred. What you could of done is shorted the hell out of Goldman Sachs’ "Goldman Sachs’ share price is going down hard into 2019. The 159 level will be critical on a closing basis for the year. If that is breached, then we could see very major implications for the firm whereby it may no longer survive. " https://www.armstrongeconomics.com/world-news/corruption/goldman-sachs-going-down-on-the-pi-target/This event also occurred on Pi Day 21 Nov 2018 Italy vs EU "The event today may be the fact that the EU has now stated it will bring sanctions against Italy for refusing to comply with its demands. So here we have the Pi Target and to the day Brussels has officially rejected Italy’s spending budget on Wednesday, November 21st which opens the door to sanctions. With hindsight, we will perhaps look at this day as the start of a further deterioration of the European Union that has converted a trade union into a centralized dictatorship applying a central theme of austerity to everyone regardless of their economic conditions." https://www.armstrongeconomics.com/armstrongeconomics101/ecm-armstrongeconomics101/italy-v-eu-november-21-2018/Another significant event "Russia Starts Criminal Investigation of Browder While US Deep State Protects him" https://www.armstrongeconomics.com/world-news/corruption/russia-starts-criminal-investigation-of-browder-while-us-deep-state-protects-him/I recommend you watch the magnitsky act documentary, very interesting but it keeps getting taken down. what happens in 2020.05 the next ECM date should be very significant, May 2019 was targeted as turning point and Nov 2018 was also a turning point. There was a lot of panic going into May with the European elections and there were large capital outflows out of Europe as confidence is being lost we saw the EURO and GBP crashing and overall A volatile period. This is simply a prelude of what is to come. If you were not told there is a major financial crisis about to occur in Europe you would most likely be none the wiser. The establishment and main stream media do not want you to know anything about the real situation hence the attempts to try and shut Armstrong up once and for all. |
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regarding the unknown reversal it could of been a what if reversal that was elected which is not ready for prime time yet.
"Thank you for visiting Ask-Socrates.com. We are in the process of updating our site, migrating data, and transitioning to a new infrastructure.
You may experience delays and discrepancies during this time. We appreciate your patience and understanding."
every time you log in to ask-socrates you get this message it clearly is not even complete yet.
In this sub-thread we now have discovered THREE additional ambiguities / back doors for perfect denial: 1) Signals marked as success in the reports that cannot be traded (Socrates traded but user did not get a signal) 2) "What if" reversal 3) Back-tracking the entire service integrity by claiming work in progress4) Fully charging for a service still under constructionThank you for clarifying this Mr Martin Armstrong - we know this is you because only you make all mistakes and then walk away laughing. I don't care you clearly are doomed to fail. I suggest you shut down your account on ask-socrates why go on throwing money at a complete scam I mean how stupid are you giving money to a charlatan? you should be ashamed of yourself. |
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