@nstrdms
Regarding the Dow We elected two monthly bearish reversals and tested the third monthly bearish reversal at 21600 all within the same month but never elected it, it's that simple what you are saying is that the market must retest the third monthly bearish at 21600 again for the second time which makes zero sense. The election of a reversal implies we can test the next one in this case it was 21600 which we already had done so within the month of December. Based on this understanding the reversal system has functioned exactly as one would expect.
You are deflecting. The failed reversals were for S&P500, not the Dow. And the point still stands, there's always some other factor to negate a trade. I listed 29 such examples. No just don't know what the 3rd monthly bearish reversal was for the S&P500. an example of a trade based on the reversals would be to enter after the election lets say of a monthly bullish reversal with a big gap to the next you could enter and and close your position once the next monthly bullish is reached or exit the trade if the nearest monthly bearish is elected. that is your risk/reward ratio and this idea that it has to be right every time is also part of the problem.
Furthermore, here in this blog he reinforced this crime by inventing a new rule for the reversal system that aims to prove his point and show performance in case of failure but in fact would otherwise make it inoperable, again fraudulently misrepresenting the performance of it.
SeeNotwithstanding any disclaimers of not providing trading or investment advice - what matters here is the claim of the performance of the models which is the foundation of the products and services that are sold as merchandise to clients. As previously said, Gumbi's posts get replied to in a way that will remind him of the context in which we showed him that he is a charlatan. Let him be reminded again that we have a model case where this behavior is documented in much detail. 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 Gumbi and cohorts are coming up with now, they get this reply. I know Gumbi just wants this message to go away but I am not going to do him 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 model case as a standard response reply to show 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. AnonymousCoder"Quarterly reversal time unit is one quarter. Gold rallied before the quarter was over and no other signal in the opposite direction was available to indicate change of direction.The time span is 1 to 3 units in time so the quarterly bearish reversal had 1 to 3 quarters before time was up. Armstrong wrote on his private blog on the first of March our quarterly level of the model generated a bullish reversal at the end of the year reversing its short position 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." Not sure if you are aware or not but you are losing this discussion.  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 2015Martin 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 |
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@trulycoinednonymousCoder
"The forecast is that it will either go up or it will go down"
That is a complete misunderstanding by AnonymousCoder as I said in a previous post quite clearly.
"There can be no excuse that is impossible. If we see a high in line with the ECM the market has to go down or the ECM will be proven to be completely false."
He also cannot answer to the monthly bearish in his disaster reversal post specifically the Dow not including the 21600 monthly bearish reversal.
Oh ok, I see. Sorry about that. So how can I right now see and identify a high on that week if it occurs to evaluate what you say is correct. On that week of 2020.05, guess it is the 13'th January from that week to the end, from that ECM date, 0.05 x 365. This is getting ridiculous. Armstrong's statement above ... "If we see a high in line with the ECM the market has to go down..."This ridiculous statement is self-fulfilling in itself. He must think that his followers are complete idiots.In hindsight, that high can only be a high in line with the ECM if the market goes down after it. Otherwise it is not a high in line with he ECM. After such a high, the market always goes down otherwise it cannot be seen as a high in hindsight. If in fact the market does go higher after that ECM date, then the high is later and the high is not in line with the ECM so Martin Armstrong can claim that his forecast was true nevertheless because the high was not in line with the ECM. So here we go again, it is the ambiguity built into the system that lets Martin Armstrong fraudulently misrepresent the performance of his forecasting by playing these games. The forecast is that it will either go up or it will go down. Here is the commercial (Socrates $$$ per month subscription paid for version) prime example: A Self-fulfilling Financial ForecastIn other words: Pure bullshit. Sadly there are in fact people who buy 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 |
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...
Absence of evidence is not evidence of absence.
...
Sheer utter nonsense. Gumbi is spamming this forum. This case has been settled with 200% evidence on November 28, 2019. Martin Armstrong committed a crime (fraudulent misrepresentation of the performance of the reversal system).
Furthermore, here in this blog he reinforced this crime by inventing a new rule for the reversal system that aims to prove his point but would otherwise make it inoperable, again fraudulently misrepresenting the performance of it.
See
As previously said, Gumbi's posts get replied to in a way that will remind him of the context in which we showed him that he is a charlatan. Let him be reminded again that we have a model case where this behavior is documented in much detail. 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 Gumbi and cohorts are coming up with now, they get this reply. I know Gumbi just wants this message to go away but I am not going to do him 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 model case as a standard response reply to show 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. AnonymousCoder"Quarterly reversal time unit is one quarter. Gold rallied before the quarter was over and no other signal in the opposite direction was available to indicate change of direction.The time span is 1 to 3 units in time so the quarterly bearish reversal had 1 to 3 quarters before time was up. Armstrong wrote on his private blog on the first of March our quarterly level of the model generated a bullish reversal at the end of the year reversing its short position 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." Not sure if you are aware or not but you are losing this discussion. 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 2015Martin 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 |
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A turning point meaning a high/low on an intraday or closing basis, in this case for the week of the 13th. The market will need to rise above the turning point after the week of the 13th of Jan intraday and also close higher on a weekly closing basis in order to infer the statement is wrong.
There are only two possibilities since the week of the 13th Jan is showing up as a major turning point, a high on an intraday or weekly closing basis the week of the 13th means a drop into 2021, a low means we get another cycle inversion.
Ok, thanks will wait then :I The forecast is that it will either go up or it will go down. Here is the commercial (Socrates $$$ per month subscription paid for version) prime example: A Self-fulfilling Financial ForecastIn other words: Pure bullshit. Sadly there are in fact people who buy 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 |
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For people still living in the cult, Something else worth considering before subscribing to Socrates ...
MA constantly says that the plebe (useful idiot) doesn't connect the dot as his system does, meaning no market move alone, everything is correlated.
Which is a cleaver observation.
BUT using Socrates you will never find any correlation, all markets are "analyzed" separately from each other .... not dot connection, no correlation
Socrates is everything except Artificial Intelligence !
Absolutely correct observation. Socrates cannot even see the SAME market in the next higher time frame. In other words, while in the same report there may be a mix of yearly, monthly, weekly and daily data, there is not even a conclusion derived from these separate components cross-referencing them. How do we know that? Because 1) it is never mentioned and 2) we have the ultimate proof here (click link below): In a nutshell: There is a secret rule that a quarterly reversal even after being ELECTED can become INVALID because a yearly reversal is NOT elected. If that is the case, then the system should look at the higher time frame first before creating a reversal in the lower time frame that is obviously in conflict with it. So Socrates is an extremely primitive system. But wait - are we not told that it is using Quantum Mechanics? We have to dig a little deeper here. He uses an old confidence trick where he manufactures a fan email that suggests this Quantum Mechanics claim so Martin Armstrong does not actually have to do it, giving him perfect cover, perfect deniability. He can always say he did not claim this while at the same time scoring credits from phantom followers, creating the illusion of being trusted by his readers. Martin Armstrong is a charlatan. 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 |
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But the close on Monday (Dec 31 2018) was 2506.9.
MA said the "Monthly Bearish Reversals lie at 268230 and 259460"
Gumbi, 2506.9 < 2682 monthly bearish, and 2506.9 < 2594 monthly bearish.
Just a reminder that documents without any doubt how bad the Socrates Reversal System is: Year end 2018 Monthly Bearish Reversal Election Disaster - Dec close vs Jan close| Symbol | Reversal | Close | Next Close | P/L% | | BAC | 2511 | 2464 | 2847 | 15.5% loss | | COMP | 680595 | 663527 | 728174 | 9.7% loss | | $DJI | 2399720 | 2332746 | 2499967 | 7.2% loss | | FCHI | 499506 | 473069 | 499272 | 5.5% loss | | GS | 18151 | 16705 | 19801 | 18.5% loss | | RUT | 149877 | 134856 | 149942 | 11.2% loss | | $SPX | 268235 | 250685 | 270410 | 7.9% loss | | TCMP | 149185 | 143229 | 155406 | 8.5% loss | | XOI | 122281 | 115910 | 128401 | 10.8% loss | | /CL | 5070 | 4541 | 5379 | 18.5% loss | | /HO | 16940 | 16794 | 18774 | 11.8% loss |
Is anybody reading this blog STILL buying this Socrates junk with the aim of profiting from it ?  . Martin Armstrong is a charlatan. 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. |
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You wrote in The final nail in the coffin? that an Elected Quarterly Reversal should be invalidated because of a Non-elected Yearly Reversal. Where is the rule for that? Where is the Elected Reversal Invalidation Rule that explains that elected reversals become invalid ?... By the mere existence of other NON-ELECTED REVERSALS? Martin Armstrong is a charlatan, and he spent 11 years in jail for a reason. 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. |
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CHARLATAN TRAPPED ...
@AnonymousCoder
So you are saying here in public, that any number of non-elected reversals can negate any major elected reversal of clearly much higher significance!
A quarterly bearish reversal is not more significant than a yearly bearish reversal just because it has been elected. Do you think that a reversal is significant only if it is elected?
In fact testing yet failing to elect a YEARLY bearish reversal is MUCH MORE significant than electing a QUARTERLY bearish reversal. This just shows your lack of understanding of the reversal system.
The fact that gold came so close but still held a yearly bearish reversal at 1044.5 was more significant than electing a quarterly bearish reversal signalling gold was not as weak as it appeared.
Even the 2015 gold report indicated CRITICAL SUPPORT at 1044 and technical support at 1026. These levels were not even broken intraday. Only an absolute beginner would of shorted this market with that kind of information.
So since you are so certain about this could you please quote the Socrates documentation (with URL link) which contains the Elected Reversal Invalidation Rule which says that the election of a reversal can be negated by the non-election of another reversal.
If you can't do that, then you are implicitly confirming what I wrote in my previous post.And to be precise, the fact that Martin Armstrong writes "a Monthly Bearish Reversal which is more important than a daily or weekly" does NOT qualify because we need to see the Elected Reversal Invalidation part of it which is not mentioned anywhere in the documentation. So No Elected Reversal Invalidation Rule here. Gumbi you are trapped now. You contradicted yourself left right and center for everyone to see. We can always get you trapped. Why? Because you are dishonest and devious. The Martin Armstrong Charlatan in chief. There is no way out of this. 1) If the documentation contains the Elected Reversal Invalidation Rule then the reversals are useless as documented. 2) If the documentation does not contain the Elected Reversal Invalidation Rule then we know that Gumbi / Martin Armstrong will at any time make up new rules to make fraudulent system performance claims. In that case, reversals are useless as well, and further discussion is pointless. So show us that you did not make this up. Where is the rule documented that a non-elected reversal can invalidate an elected reversal? BTW: What a load of Bullshit this is. If in fact there was such a rule, then the computer could so easily just avoid generating the invalid reversal because it knows the other qualifying non-elected reversal. Then we would not even need to talk about it.  UPDATE Since no reference has been provided to any rule as requested above, we have ONCE AGAIN incontrovertible evidence that Martin Armstrong creates rules in hindsight to fraudulently misrepresent the performance of the reversal system.
Which is a crime.
Reference documentation on Socrates Reversals at this time 2019-12-28: The Reversal SystemThe relevant case can be found here: Quarterly Superposition Event in Gold 2015Martin Armstrong is a charlatan. 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 |
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Thank you Gumbi. I could not find a better way to prove what I am trying to lay out here in this forum as you just did for me in an unquestionably valid way. You are absolutely perfectly demonstrating to all of us the deviousness of your approach, the built-in ambiguity of the reversal system, the computerized fraud that I am referring to - which is: You are listing a cherry-picked subset of those ambiguous conflicting signals (actually non-signals in this case) that are always generated, that you would normally search and quote in hindsight to argue your case in your attempt to make others look stupid.
More importantly, this is once again a fraudulent misrepresentation of the performance of the system, which you are claiming to have performed as expected while in fact the system failed.
In this case, you are quoting: 1) A not-elected yearly reversal - a non-signal:In gold at the end of 2015 we did not elect a yearly sell signal which stood at 1044.50. 2) Another reference to that same not-elected yearly reversal:Gold for year-end has a number of 1044.50 if we close BELOW this next Wednesday on December 31. If we close ABOVE this number, it will not provide a buy signal nor will it avoid a sell signal. 3) Two not-elected weekly reversals - non-signals:We also held two key weekly bearish reversals which you are also ignoring completely at 1042 and 1026 these weekly bearish reversals were providing the key support before the break of $1000. 4) More technical description of the same weekly non-elected reversals (non-signals):It is between 1026 and a small gap down to 983, followed by 934 and 885. The horizontal lines are the reversals - red for bearish and green for bullish. There are clusters forming above (resistance) and below (support).
So you think that you can convince any rational observer with that noise, convince them that this noise is valid to overpower and negate / invalidate the only thing that really mattered, a signal that was indeed elected, a quarterly bearish reversal?
So you are saying here in public, that any number of non-elected reversals can negate a major elected reversal of higher significance!
You are saying that this reversal system is absolutely worthless because any elected reversal is subject to so many potentially negating conditions that nobody considering them should ever have any confidence trading based on an elected reversal.
Thank you!
Here is a detailed time line of the events: Quarterly Superposition Event in Gold 2015Martin Armstrong is a charlatan, and he spent 11 years in jail for a reason. 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. |
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Why don't you all read the book first then talk shit about it. It's hilarious you have already conclude the book is worthless without having even read a single page because you desperately want Armstrong to be a fraud, you would be very disappointed if you found out he was not.
....
So we are supposed to spend $100 on a book where no review exists, and not even a single chapter is published? Your reaction is a perfect warning to all people NOT to buy it....
We elected 5 monthly bullish reversals in 2019 and the first was in January
...
We do NOT discuss any signals here given in hindsight. For your hindsight trick we have a standard response that will remind everybody how you tried to sell the ultimate reversal system failure as a success, the failure of a quarterly reversal that many remember: As previously said, Gumbi's posts get replied to in a way that will remind him of the context in which we showed him that he is a charlatan. Let him be reminded again that we have a model case where this behavior is documented in much detail. 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 Gumbi and cohorts are coming up with now, they get this reply. I know Gumbi just wants this message to go away but I am not going to do him 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 model case as a standard response reply to show 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. AnonymousCoder"Quarterly reversal time unit is one quarter. Gold rallied before the quarter was over and no other signal in the opposite direction was available to indicate change of direction.The time span is 1 to 3 units in time so the quarterly bearish reversal had 1 to 3 quarters before time was up. Armstrong wrote on his private blog on the first of March our quarterly level of the model generated a bullish reversal at the end of the year reversing its short position 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." Not sure if you are aware or not but you are losing this discussion. 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 2015Martin Armstrong is a charlatan, and he spent 11 years in jail for a reason. 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 |
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Alright. So our prolific liar says reversals are based on Physics. We have another more general description that must be true whether it is called "based on Physics" or not. "Physics" sounds fancy so that is why Armstrong is using the word. Perhaps a programmer has even told him so. He is also using the word "AI" even while he acknowledged that "Neural Nets I have never seen work". He is talking like a village idiot. Where is the value of that statement then if we cannot trust his words? The inescapable truth is that the reversals are based on a single time series - nothing more. Therefore, the general terms "Technical Analysis" or "Time Series Analysis" are in fact accurately describing what they are based on. To summarize, if we are ascending from a previous low, we partition vertically between our high point and that previous low into segments that give us the bearish reversal values. Not surprisingly, the partitioning algorithm creates reversals that are near (typically below) previous support values. If there is no way to get four support zones out of that, then we get double and triple reversals, or simply reversals that are clustered around the support zones. So yes, they are based on technical analysis, and yes, you can do them by hand. Martin Armstrong is a charlatan, and he spent 11 years in jail for a reason. 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 |
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I looked at the table of contents in the blog. A big chunk of it looks like rehash of blog posts. I also think, based on those contents, he could have used more examples. Perhaps it will be overly wordy and repetitive. It also looks like it talks about some common problems of today, but not something that includes all relevant socioeconomic aspects. I suspect that a lot of important points were not included that were on the blog. Armstrong generally lacks clarity and conciseness- perhaps because he has made a living off being this way, he finds it difficult to revert. We'll see.
Indeed. In the interview at the beginning Martin Armstrong says this $100 book is a work of a lifetime and it took him four weeks to write it when he was away from home in Asia. In 2014 he wrote: I have three teams working right now on three of the four books I am trying to complete. So what is anyone expecting? Listen to the interview HOW he answers questions. He is lying about everything as always. He can't even talk normally. His excuse for this nonsense is that he is a "prolific writer". I can't understand how anyone who has read this blog would even consider wasting any time on the idea of buying anything from someone who is obviously running a scam. If people are still buying his books, then they WILL get what they deserve - and perhaps even what they want - which is nothing more than his public blogs in book form  . Which is what he is a prolific writer of. Makes sense, doesn't it? Martin Armstrong is a charlatan, and he spent 11 years in jail for a reason. Read this blog starting here to find out more about computerized fraud. See armstrongecmscam.blogspot.com for a more compact view of major findings posted in this blog. |
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I've figured the book will sell out, so I was checking regularly. And as soon as it was available, I did order, two copies, one for myself, and other as a gift (to be backup copy as well). One should arrive mid January, and the other the end of January (different locations worldwide). I hope it will go through and get the book.
I'll buy mostly whatever writing Armstrong has to sell on the matter of economy and finance, below 100$. And for this book I was ready to pay even more. Through his blog I finally started to understand the economy, and now I'm just laughing to the Austrians, Keynesians, Monetarist, and other academia stuff.
No comment on Socrates, no experience with it.
Martin Armstrong has something for everybody. You can get Socrates for under $100, actually $50. It has all the relevant weekly and monthly reversals. And as Gumbi, who speaks as an authority on the matter, if he is not the Guru himself says: ...
everyone here just talks about Armstrong's opinion but nobody seems to follow the reversals. Ultimately the numbers are the only thing worth paying attention too.
But be warned, if the reversals fail as they do like anything else, then Armstrong has both sides covered because he will say you cannot trade the reversals - you need - whatever fits in hindsight - the ECM, the Superposition events, the forecast arrays, the Energy models. You will sure become an expert on this. Martin Armstrong is a charlatan, and he spent 11 years in jail for a reason. 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 |
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Thanks. Obviously still some followers. I hope that people can see the low quality of this just by listening to the interview. As you said, we need more help. There are not that many comments. Don't forget to down-vote the video at the top. Martin Armstrong is a charlatan, and he spent 11 years in jail for a reason. 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 |
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https://www.armstrongeconomics.com/uncategorized/right-or-wrong-the-dark-side-of-human-nature/"NOBODY can possibly be right all the time. This is why I try to emphasize that the numbers are the numbers and that all we can do is watch how everything unfolds... The number define the forecast - NOT my opinion. Most people forecast on what they ?think? will happen. I do not play that game. My OPINION is no better than anyone else's."
@trulycoined everyone here just talks about Armstrong's opinion but nobody seems to follow the reversals. Ultimately the numbers are the only thing worth paying attention too. Gumbi, don't repeat this BS. You are wasting your time. It is pointless to continue with this discussion because you will try to direct it on a circular path. WE are talking about Armstrong's predictions here. Martin Armstrong says Socrates does them. You are saying they are worthless.
But these reversals you mention fail like everything else. We have the proof. Please read again to get informed how badly the reversals that you try to sell us fail. As can be seen here it is not so much the problem that they fail, but the fact that you try to sell us that they don't fail:As previously said, Gumbi's posts get replied to in a way that will remind him of the context in which we showed him that he is a charlatan. Let him be reminded again that we have a model case where this behavior is documented in much detail. 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 Gumbi and cohorts are coming up with now, they get this reply. I know Gumbi just wants this message to go away but I am not going to do him 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 model case as a standard response reply to show 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. AnonymousCoder"Quarterly reversal time unit is one quarter. Gold rallied before the quarter was over and no other signal in the opposite direction was available to indicate change of direction.The time span is 1 to 3 units in time so the quarterly bearish reversal had 1 to 3 quarters before time was up. Armstrong wrote on his private blog on the first of March our quarterly level of the model generated a bullish reversal at the end of the year reversing its short position 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." Not sure if you are aware or not but you are losing this discussion. 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 2015Martin 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 |
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Then that may well be MA's opinion and not Socrates forecast. However, that raises one of the fundamental criticisms of MA: what is his opinion and what is Socrates forecasts? His writing, reports and WECs blend both together, making it very difficult to - in MA's own words - connect the dots.
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Well, for maximum ambiguity, Martin Armstrong wants it both ways and he has covered his behind. He has stated numerous times that one should not believe him if he declares what he says as an opinion - only his computer is always right: Right or Wrong - The Dark Side of Human Nature Needless to say, he gives himself credit for whatever he said or mostly never said and as you pointed out, he changes the facts in hindsight to fit his own narrative. 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. |
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Here is the proof that Martin Armstrong did not actually predict that sports decline. When he first mentioned it, the decline was already in motion: Football in DeclineIt is meaningless chatter. As has been said so many times before, even a broken clock is right twice a day. If you had taken his prediction "sports have begun a bear market" and "It looks like sports are a great short." seriously and sold Nike Inc. NKE then - that would have been a bad trade. The price is near the all time high now. Other Martin Armstrong sports "predictions" are summarized here: Armstrong's Sports PredictionsMartin Armstrong is a charlatan, and he spent 11 years in jail for a reason. 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. |
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Thanks trulycoined. Martin Armstrong has been running a sophisticated scam for many years. So sophisticated that part of your message is worth repeating and re-inforcing. ...
and people are beginning to find out MA is playing a big game of fact, fact, BS?
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Yes. That is the pattern. Give away the facts and sell BS. He is giving away for free (re-publishing) much material that is available for free elsewhere as well. He even declares some of his merchandise as public service "This was not a book intended to make some huge profit. It was done as a public service.". Then he cross-sells his worthless reports, conferences and Socrates for "huge Profit" as it can be implied by his own message above. A fairly obvious confidence trick. It still seems to be successful. We need more volunteers who write warning comments on Zerohedge, youtube and other sites that he uses to promote his services. Martin Armstrong is a charlatan, and he spent 11 years in jail for a reason. 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. |
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You are right. But even more so, how can we have these reviews out on the same day he announced it? Total scam.
No idea why Amazon allows it. Perhaps because it's possible that some of the people read it already: ? Those who attended the 2019 WEC received a signed first edition copy of the book.
 And the lulz:  Perhaps more reader comments at amazon than 2019 conference attendees  If we can trust the BSR of 1,044 shown at amazon and the BSR to Sales Calculator then approximately 142 copies were sold per day. Martin Armstrong is a charlatan, and he spent 11 years in jail for a reason. 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. |
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You are right. But even more so, how can we have these reviews out on the same day he announced it? It think one should report abuse at amazon.com. Total scam. Martin Armstrong is a charlatan, and he spent 11 years in jail for a reason. 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. |
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