Makes me laugh! With good reason!



Standard Martin Armstrong operating procedure. It is called "The pot calling the kettle black".

I can bet that if on this site we are writing the word "Fraud" in conjunction with his name Martin Armstrong then he will feel compelled to write about internet fraud. Why?

Try a google search "Martin Armstrong Fraud"

First hit is The Martin Armstrong Wikipedia Entry. He hates it! Who is to blame? Don't ask me.

So he has to do something to direct internet searches away from Wikipedia and this site as well and towards his own site to get more clicks. As usual we provide the proof with an example:

Internet Frauds From Hacking Emails to Dating Site Frauds.

Why on earth would he want to write about all sorts of frauds otherwise? The word "frauds" is contained in the title twice: Keyword stuffing. You see? This is called Search Engine Optimization (SEO)


The same principle is applied to his climate change campaign. His climate change articles fill the remaining space of the google results page.

It is the same reason why he had the forecaster movie made for him.

And here is the rub:

He cannot accuse any of us of using the word fraud when we talk about him. Because he uses it all the time. But we don't have to. We just quote Wikipedia.

The pot calling the kettle black.

 



Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.

See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.

AFAIK he missed the entire rally. Has been discussed here before:




Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.


See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.

Private Blog:





Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.

See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.

It takes only 30 minutes of reading (see links provided below) to discover that Martin Armstrong is a total fraud. Get educated. Most people who have visited this blog have done it and of course they have left long ago because they have better things to do than arguing with a few die-hards and shills.

Marty, it is game over now. You can no longer fish in muddy waters. People are getting informed!

Better deal with the complaints about failing reversals coming from your Socrates subscribers than hanging around in this forum.




Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.


See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.

Martin Armstrong so thoroughly discredits himself in many blog posts, only a complete idiot would take any of his advice.

Take for example his ideas on food security:

Local Food a Good Idea for Economic Freedom
The Way of the Future

So here we go. Expand your basement to the size of a few acres and grow wheat, rice and potatoes.

Some say say Martin Armstrong is an economist. He isn't one. He is a school drop-out who spent 11 years in jail. Anyway: How could any economist ignore economic principles?

Show me one farmer on earth who economically produces staple food without sunlight. There isn't one and there will never be one.


Just as a footnote, even unrefined crude oil is more expensive than grain by weight, and there will not be an economic replacement on a significant scale for open air agriculture powered by the sun to produce the food that humans need. Not ever.


Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.


See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.

As we can see in this thread, all Martin Armstrong predictions failed. Nothing happened on his ECM date. The current stock decline was not predicted by anything coming out of the charlatan's mouth.


What matters is that we have a coronavirus pandemic which takes a toll on the global economy.

What did Martin Armstrong say about the pandemic when it started?

He played it down as a flu.

See Why Exaggerated Nonsense on Flu?.

Definitely ZeroHedge got it right this time with their high quality reporting. Compare that with Martin Armstrong's JUNK.

QUESTION:

Did Martin Armstrong say "sell stocks" at that time? Did he predict anything?

ANSWER:

No. Our crackpot in chief, he didn't have a clue.

But now in hindsight, we get all these lies. It is tiring. It's pathetic. What we are reading on his blog from the Armstrong promoters is pure hogwash. Total waste of time.

So what matters? What matters, even before any competency which we have shown does not exist, is whether someone has at least some integrity - whether what he says actually reflects reality. In that sense, Martin Armstrong is the biggest liar on earth.

See:






Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.


See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.

Before we start, it is useful to know the fact that Martin Armstrong rarely predicts anything in a verifiable way. He often systematically creates conditions around his statements that render them worthless. See A Self-fulfilling Financial Forecast.


However, in case of the emerging markets, he predicted a meltdown as early as 2016 with a target date of 2018. Obviously it did not happen. No emerging markets meltdown.

Here are some excerpts from his publications where he forecast the event:




In Fractal Nature of Trading:




In Market Talk- October 22, 2018:


If you had shorted emerging markets at this point according to the above definite statement, this would have been a disaster trade.


Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.


See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.

Well if you are predicting a Panic Cycle Every other week and it happens only once every 3 months then what does that mean? -


Nothing.


That Predicted Panic Cycle became an inside session as we know:



So you are once again denied the option to use this forum for fraudulent advertising.

I think that over45, m96, Alex-11 need a reminder.

As previously said, Gumbi's and cohorts' posts get replied to in a way that will remind them of the context in which we showed them that Martin Armstrong is a charlatan.

Let him be reminded again that we have a model case where this behavior is documented in much detail. Here we show how Martin Armstrong's fraud manifests itself. Beyond any doubt. A self-documenting case. It actually saves time and effort to repeat this as opposed to wasting the time trying to argue this same type of thing without end.

Whatever smokescreen over45, Gumbi, m96, Alex-11 and cohorts are coming up with now, they get this reply. I know they just want this message to go away but I am not going to do Martin Armstrong the favor. I am just not taking his baits for more nonsense any more.

The pattern is the same again and again: Pick one of the ambiguous conflicting Socrates signals in hindsight to argue the case. For us, there is no need to formulate a custom response to that. We use this standard response that documents the following model case. To show everyone what these charlatans are doing.

I have an obligation to spread the message for the honest people, and as painful as it is for me, I am going to persevere until the Armstrong promoters shut up. So they are warned. The honest people have all the facts on their side.



Here we go. You are providing the proof of my assertion yourself!

Hindsight, Fraud. This hindsight message is fraudulent misrepresentation of performance, pure fraud!
Now here you are saying, and I know you are speaking for Martin Armstrong, that


Martin Armstrong had this information, this bullish signal, the fact that his model went long - at the end of the year - but at the same time failed to tell his clients?

In fact he sent the opposite signal to his clients at the time!

If he knew this at the time when he claimed the system went long, and let's assume for the sake of argument that what you say is true then he could have been trading against his clients because he published this signal only three months later.

You are not worth the respect of a single honest being on earth! You are a fraud!


And yes, I have all the reports. How could I otherwise quote them? I have everything!

More importantly, all other people who lost, they have everything as well.



Here is a detailed time line of the events:


Quarterly Superposition Event in Gold 2015


Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.

See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.

People obviously get a problem when the world around them disagrees with them. But there is an easy escape from that:

If the Majority Must Always Be Wrong - Can that Ever Change?

Do I need to provide proof? This [https://bitcointalk.org/index.php?action=profile;u=2769609]specimen[/url] really thinks that the Martin Armstrong critics on this site are all the same person using multiple identities (sorry, his account and posts have been deleted by the hard working moderator) :

here
and
here
and
here
and
here
and
here
and
here


And as we have already guessed, Martin Armstrong is out there to prey on them:

Chances Are you Are A Genius if you Read this Blog - It's All in the Methodology

Yes. It's All in the Methodology


Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.


See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.

Crackpot / Shill Cult Member Alex-11 has actually created his own trading system based on one of these fraudulent charts. Getting rich really quick! You don't believe me? Spent days on it as he writes. See Socrates Dow buy / sell signals - profit calculation



Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.


See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.

I think that over45, m96, Alex-11 need a reminder.

As previously said, Gumbi's and cohorts' posts get replied to in a way that will remind them of the context in which we showed them that Martin Armstrong is a charlatan.

Let him be reminded again that we have a model case where this behavior is documented in much detail. Here we show how Martin Armstrong's fraud manifests itself. Beyond any doubt. A self-documenting case. It actually saves time and effort to repeat this as opposed to wasting the time trying to argue this same type of thing without end.

Whatever smokescreen over45, Gumbi, m96, Alex-11 and cohorts are coming up with now, they get this reply. I know they just want this message to go away but I am not going to do Martin Armstrong the favor. I am just not taking his baits for more nonsense any more.

The pattern is the same again and again: Pick one of the ambiguous conflicting Socrates signals in hindsight to argue the case. For us, there is no need to formulate a custom response to that. We use this standard response that documents the following model case. To show everyone what these charlatans are doing.

I have an obligation to spread the message for the honest people, and as painful as it is for me, I am going to persevere until the Armstrong promoters shut up. So they are warned. The honest people have all the facts on their side.



Here we go. You are providing the proof of my assertion yourself!

Hindsight, Fraud. This hindsight message is fraudulent misrepresentation of performance, pure fraud!
Now here you are saying, and I know you are speaking for Martin Armstrong, that


Martin Armstrong had this information, this bullish signal, the fact that his model went long - at the end of the year - but at the same time failed to tell his clients?

In fact he sent the opposite signal to his clients at the time!

If he knew this at the time when he claimed the system went long, and let's assume for the sake of argument that what you say is true then he could have been trading against his clients because he published this signal only three months later.

You are not worth the respect of a single honest being on earth! You are a fraud!


And yes, I have all the reports. How could I otherwise quote them? I have everything!

More importantly, all other people who lost, they have everything as well.



Here is a detailed time line of the events:


Quarterly Superposition Event in Gold 2015


Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.


See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.

Just read through the last 3 days of this forum where I posted key elements of this total fraud. Funny enough, I have done this, kind of prompted by the self-declared spammer WHATEVERBABY2 to do 2 things: 1) show that his spamming had the opposite effect of what he intended to achieve, and 2) to exhaust him / flush him out so everybody could see he was spamming. Apparently this worked very well.

The last ridiculous thing is Armstrong's re-post of this old French interview:

It is an illusion to think that I can silence anyone. Everybody can post here. It is an open forum. The only people who benefit from the system are the ones selling it. Otherwise I would not feel like I am beating a dead horse already. Game over basically. Bye.

DigiLab, very clear motive my friend. Crystal clear. At least nobody can say that I am getting paid by someone. Shows how corrupt you are that you think that there is actually anything wrong with it.

Everybody who actually read my signature knows this. If you follow, you will notice why I write it starts on page 273, and that I knew their system better than they did (I got 3 merits for this post):



I asked to get my money back on the day I discovered this crap. Anything wrong with this claim? You think so? And I shared this info here on the day I discovered it because I am an honest social being with high level of integrity.

Nobody, yes, nobody wants to be the fool who buys Armstrong's stuff.

Nobody here who can actually make an argument for the Charlatan in chief. NOBODY.

Talk about the facts my friend. No smoke screen, no distractions. You have facts? ZERO.

WE have the facts. HUNDREDS.



Traxo, we have one more shill to add to the list: Digilab.

At least we know that the book is just a collection of web posts on paper. Worth every gram of paper. Three grand on ebay anyone?

Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.


See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.

In the following

Armstrong Interview Paris, France


Martin Armstrong makes the ultimate claim in the first sentence of the video:


Right, you got it? He never fails.

More specifically, he claims in:

The Real Implications of Forecasting Are More Profound Than you Think:



Compare this with the facts:

Major failed Predictions.

His claim is a fraudulent misrepresentation of performance. Why?

Because Martin Armstrong sells his forecasts in the form of expensive reports, services and seminars.

Furthermore, he claims in Opinion Infected by Bias that

Compare this with the facts:

Monthly Reversal Failures December 2018


That is why his business is a scam. Pure fraud.

Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.


See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.

The following predictions made by Martin Armstrong are major in a sense that they are aligned with the fundamental cycles of his models. They are clear enough to be verifiable. Their due dates are in the past, so checking the facts is easy.


China new Financial Capitol of the World by 2015.75
On October 15, 2010 Armstrong incorrectly predicted that China would become the new Financial Capitol of the World by 2015. See Show Me the Money on page 6


Meanwhile, the US remains the world's largest economy by some $7.2trn. See: List of countries by GDP (nominal)

Gold USD 5,000 + into 2016
In March 2012, at the peak of the Gold rally, the 30 year all-time high, Martin Armstrong published the following two documents that contain the failed prediction:

Will Gold reach $5,000 +?

GOLD $5,000 +

Meanwhile, in March 2020, four years after the target date, the price of Gold is still below the all time high in 2012.


US Recession starting in October 2015
On April 26, 2013 Armstrong incorrectly predicted that starting from October 2015, the rise of the US Dollar would create a recession in the US economy via massive short covering. Back to the Future.
 There has not been a recession in the US economy between October 2015 and July 2019. List of recessions in the United States

Big Banks go bust starting in October 2015
On December 31, 2013 Armstrong incorrectly predicted that big banks will start to go bust after October 2015.
What Kind of Trader is Trading
 In June 2019 no big banks went bankrupt since 2015.

Crude Oil Rally 2014 - 2017
On July 9, 2014 Armstrong incorrectly predicted that Crude Oil prices would rally into 2017 in line with his war models. Crude Oil & The Future.
 At the time of this prediction, the WTI Crude Oil futures price was USD102.93, and it declined to USD26.21 on February 11 2016, not exceeding USD60.42 on December 29, 2017 Crude Oil Prices - 70 Year Historical Chart



It is useful to consider Martin Armstrong's claims that his computer correlates everything.

See The Global Correlation Model and It's More than just a Debt Bubble - It's a Social Bubble. A recession would necessarily reduce oil consumption and produce an oil glut because oil consumption is positively correlated with economic activity. It is also unlikely that a war would break out over the control of oil resources during such a glut.



European Financial, Political and Banking Chaos in 2019
On March 29, 2019 Armstrong incorrectly predicted Financial, Political & Banking Chaos in Europe Going into May. Financial, Political & Banking Chaos in Europe Going into May.
 In May 2019, the economy in Europe was unaffected by any form of chaos.

See also:

The Failed Emerging Markets Meltdown Prediction



Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.


See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.

Socrates generates signals labeled "Reversal" in hindsight.

In the scope of these critical writings, we call trading signals generated in hindsight "Revision Signals", because Martin Armstrong uses these special signals exclusively to create a revision of the truth, by re-writing the history of a situation that has already occurred. We also use the term here to avoid confusion with the term "Reversal", the term that Martin Armstrong uses for Revision Signals nevertheless. To make it clear from the start, these signals are a fraud.

What a reversal normally is, is defined in Martin Armstrong's documentation. Please see the links at the end of this page.

In short, it is a price value, that if the market crosses it, acts as a buy or sell signal. Sets of four Reversal values are generated at market highs and lows for future use. Therefore, these Reversals are planned, and we are using the term "planned Reversal" at times to make this distinction between them and Revision Signals.

Socrates generates Revision Signals in various scenarios, e.g. where a planned Reversal was elected and has already failed, meaning the market price after its election has moved in the opposite direction, and would have already created a trading loss if traded.

Unfortunately, these Revision Signals are also labeled "Reversal" in the Socrates reports, and Socrates uses (counts) them in the reports to enhance the track record of the system. As if they had been generated as planned Reversals which is not true.

A rather critical problem with Revision Signals is that the time that passes after planned Reversal failure until a Revision Signal is generated varies. This has the effect that a Revision Signal may lose whatever utility it may have had to exit a losing trade, losing due to Reversal failure, because it is too late.

Since Revision Signals are created in multiple different scenarios, these scenarios are documented in detail on separate pages.

However, an important feature of a Revision Signal is that it is a fraud because it tricks the user or the person analyzing the system into believing that the system predicted a price movement where in fact the signal is generated after the price movement had already occurred. This fraud is facilitated by the practice of using the same term "Reversal" for entirely different things, creating confusion.

This confusion has lead to situations where Martin Armstrong's affiliates encouraged users to upgrade their Socrates subscription to the most expensive "Pro" level to view more detail about the reversals, and / or learn more about the system using forecast arrays, rather than admitting that the signals were generated in hindsight.


How to Use the Reversal System


It is clear from the following statement in the instructions linked to above that Reversals must be created in advance:

"If you are actively trading a particular market, we suggest that you write down the Reversals ... from our reports in a vertical format."

Examples of Revision Signals:

Quarterly Superposition Event in Gold 2015

Weekly Superposition Event in the DOW October 2018


Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.


See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.

While Martin Armstrong's deliberate manipulation of past events has been documented here before, the following variant deserves the space for an individual article. He is increasingly using his Socrates private blog to evade scrutiny, and it was only a matter of time until someone discovered that he manipulates the history of his posts:



Is it a surprise to anyone at all that he disabled cut and paste of the text in the blog pages? Judge it for yourselves why he is doing this!

Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.


See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.

The Martin Armstrong Reversal System at times generates special Reversals that are called "Superposition Events". We prefer to explain these by example because their generation is confusing and complicated.


In physics, the superposition principle states that if there are two or more stimuli at a given point in time, the response will be the result of adding all the responses.


We want to emphasize: "at a given point in time".

Martin Armstrong has been selling Gold Reports for several years. These reports cover an entire year and are usually published in two parts, with updated Reversal values. He also sells Year End Reports. For the 2015 Gold report, recording the statistics of the reversals was amazing. Why did it work so well then? Because it was a year's worth of steady declines. Then the market turned. The system failed to predict the turn and Martin Armstrong also missed the bounce, still writing bearish messages in the public blog while the price was already rising. From the trading perspective, this was devastating. After the fact, months later Martin Armstrong fraudulently misrepresents the performance of the system, being right all along because it had generated a long term Quarterly Bullish Reversal with a shorter time Quarterly Bearish Reversal, a "Superposition Event". This is a real Martin Armstrong model case.

Here is the time line:

Gold Report 2015 Update page 14 and below:

When we look at gold in dollars, we can see that the recent collapse into the week of July 20 that fell to 1072 shook the markets but supported the Uptrend Line from 2006. A closing for 2015 below 1184 will keep gold in a bearish position for 2016, warning that the final low may not come until the second Benchmark Cycle convergence. The monthly level oscillators are also still in a bearish position.


Year End Report 2015:

When we look at gold going into year-2015, we see absolute critical support at
1044. A year-end closing g beneath this level will signal new lows and they can
be quite dramatic. From a technical perspective, the two key targets will be
1026 and 601. Important resistance during 2016 will begin at 1179 with key
resistance forming at 1310. Therefore, even a year-end closing for 2015 below
1179 will keep gold in a bearish position.
Additionally, we have a Quarterly Bearish Reversal at 1112. Therefore, a yearend
closing below this level should also warn of a drop becomes possible at
least to test the 875 to 904 former high of 1980. A monthly closing beneath 904
would also point to a drop way down to the 680 area.


Gold elected the Quarterly Bearish Reversal, which is a sell signal.

Martin Armstrong is still bearish until the end of January when gold turned up. His hope is that gold after the bounce will make a fresh low on the 2nd benchmark target fulfilling his prediction in the report:

Gold: The Bounce


Posted Jan 29, 2016 by Martin Armstrong
Naturally, the gold promoters are out in full force. The problem with their theories has always been that they are dead wrong. The REAL BULL MARKET will see the metals rise with equities. Right now, the promoters are focused on the stock market and yell, "Buy gold!" because a depression is here. We need to see a weekly closing above the 1143 level to raise any hope of a temporary low. Without that, we have a turning point in February that can be a high moving into the next benchmark target. A closing for January below the 1103 level will warn that there is inherent weakness still lingering within this market. Next month, watch the 1097 level for that is key support. Break that, and we are looking into a low into the second benchmark.

Still he does not mention the Quarterly Bullish Reversal, the Superposition Event.

But later, amazing things happened:

Gold Report 2016 Part 1 Targeting the Reaction High and Final Low
Publish date: March 1, 2016

Another anomaly was that at the end of 2015, we elected the Quarterly Bearish
Reversal at 1112 closing at 1060.20. At the same time, that low generated a
minor Quarterly Bullish Reversal at 993. So we generated a long-term sell signal,
but a short-term buy signal. The next two Quarterly Bullish generated were at
1308 and 1347. That meant we should first rally typically for 2 to 3 months in a
reaction and if they failed to be elected by the close of March, then the longterm
trend should resume to retest support.

When he writes At the same time, he is not telling the truth.

Private Blog:

Gold Elects Monthly Bullish at $1207 On its Way to $1309

Tuesday, March 1, 2016
...
Our Quarter level of the model generated a Bullish Reversal at the end of the year reversing its short positions and going long. This also signaled that gold would rally from the $1060 area and should test the next Bullish Reversal at the $1347 level.
...


So here we have it the second time. Martin Armstrong claims that his model reversed its Gold trade at the end of the year from short to long, months before publishing this event!

Nobody ever heard about that 993 Bullish Reversal, and about the model's reversal of its positions at the time when this information was needed. Please note that this Bullish Reversal is generated well below market price (to make it appear that it is elected at the same time when it is generated). The number 993 is likely just made up. It is NOT a reversal in a sense that is generated prior for you to examine. And it is not included in the reports which comes in installments with videos, covering a year (not ending at end of year but going well into that period where we should have received that signal). That reversal was not available in any of the materials. So what are these superposition events then? They come after the fact! They are fraudulent. The system discovers that it is wrong and voila, it has an automatic excuse. Months later? Very strange! They either come out when the system discovers that the price has crossed the threshold that marks the failure of the elected reversal. Or they are generated in time but are suppressed to provide a front running opportunity for Martin Armstrong.


By now it should be clear that Martin Armstrong's use of the term "Superposition" is extremely misleading because he uses the term for an effect that is clearly time-delayed - from the perspective of the objective observer.

The signal that he sends three months later was not available at the time when he claims it was generated. So he conceals system failure, fraudulently misrepresenting the performance of the system because he creates the appearance of the system being right in hindsight.

For other types of Revision Signals, see:

Revision Signals


For a wider view of Martin Armstrong's incorrect Gold calls including this one by another observer, see:

Martin Armstrong - Gold Bear?


Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.

See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.

The following model case is extracted from Martin Armstrong's subscription only Private Blog, Posted Dec 7, 2019.

It documents how a financial forecast is constructed to be always true but worthless.

Here is how: We are in December 2019.

 1) If the DOW goes higher than 28,174 then it may reach 30,000 (7.1% rise).
 2) If the DOW goes higher as in 1), and if after January it declines, then the DOW made a high in January.
 3) If the DOW made a high in January as in 2) then it could decline in the 1st quarter 2021.

Obviously, the above three statements are always true. In particular, 3) is true because the definition of a date-constrained high is that before and after it, the price must be lower. The original post:

"if it exceeds the November high, then it can rally into the ECM and test the 30,000 level. We must be concerned that a high in conjunction with that model could point to a sharp correction into the 1st quarter 2012."

Notice "could".

The ECM target date for the high is 18 January (the date constraint for the high).

Martin Armstrong is quite aware of this self-fulfilling feature because he implies with great confidence that the ECM is always correct (cannot be proven false):




It is like selling 1=1 as a forecast.



Martin Armstrong is a charlatan, and he spent 11 years in jail for that reason but he has not changed.

Read this blog starting here to find out more about computerized fraud.

See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog.