Martin Armstrong Discussion

[MTL4]

One last observation, I did attend the 2015 WEC and they setup a forum for all attendees which I participated in. After the wec in Dec 2015 MA called for gold to go down below the 1k mark but my TA was saying otherwise and express so on the forum. I believed it bottomed. I wasn't alone, there was an Asian female who also was stating the same observation. We both tried to convince everyone of what we were seeing cause, OMG, everyone was going short on his forecast. Well, I took a long position and so did the Asian female. The after math wasn't a pretty site. Pull up chart for dec/jan 2015 gold chart and see for yourself.  Gold rallied from 1062 to 1375.

Spot on!  I was at the 2015 WEC and was also on that WEC forum too and I remember that situation all too well.  We went through those arrays exhaustively to try and make any sense of how to trade them and finally most came to the same conclusion, they don't work (at least not the system we had been given access to).  I remember seeing a few people posting that they knew how to read the system and made plenty of money using it but when pressed the analysis seemed to be similar to MA where one minute they'd be using one part of the array to forcast something and then next time they'd be using something else often siting all sorts of rules tha MA had given over the years.  It was that exact scenario that caused me to develop my own system when MA's call for new lows continued while the market had certainly appeared to turn and was looking like it might be a good run (and it was).  Like you I also trade using my own TA then only use MA's ECM to see if it lines up with my own analysis (like an early warning indicator).  

@bikefront @MTL4 Could you send me a PM? I have some questions for you on your experience with Socrates.

Send me a PM if you want, evidently I only get 1 PM per hour because newbies get their account throttled until you get merit points.

[1714321412]

1714321412

[1714321412]

1714321412

[1714321412]

1714321412

[1714321412]

1714321412

[1714321412]

1714321412

[1714321412]

1714321412

[unwashed]

...
I wouldn't at this time call him a fraud since you would have to call everyone who claims they have a winning strategy a fraud also. But I am just an regular guy with no back ground in software, engineering or computer science.

I wouldn't call him a fraud either if he just made predictions that go wrong. The big difference is that he never admits to have been wrong where he was wrong. He simply lies about his past predictions. In that Gold example that you mention, he later actually claimed that he and his computer predicted the bounce:

Gold Report 2016 Part 1:

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.

That IS fraud. That minor Quarterly Bullish Reversal came out months after he was still publishing bearish messages in his blog as you remember. This behavior goes so far that it is embedded in the source code of Socrates, where, if Socrates goes wrong, in the following report it claims it was right, by injecting after-the fact signals that it had never reported earlier.


Read this blog starting at page 273 to find out more about computerized fraud

I have to admit, that's not how I remember it or happening but I do remember many people taking a lot of losses. I also say to myself while reading him, damn, did I miss a blog and the vagueness of his forecast.

[etoimene]

I am currently trying to build a strategy, as alluded to but not well-described in the user manual, for using failed election of reversals which seems to have some promise.

To me this seems like the most profitable one, but without a timing from arrays ...

[AnonymousCoder]

...
I wouldn't at this time call him a fraud since you would have to call everyone who claims they have a winning strategy a fraud also. But I am just an regular guy with no back ground in software, engineering or computer science.

I wouldn't call him a fraud either if he just made predictions that go wrong. The big difference is that he never admits to have been wrong where he was wrong. He simply lies about his past predictions. In that Gold example that you mention, he later actually claimed that he and his computer predicted the bounce:

Gold Report 2016 Part 1:

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.

That IS fraud. That minor Quarterly Bullish Reversal came out months after he was still publishing bearish messages in his blog as you remember. This behavior goes so far that it is embedded in the source code of Socrates, where, if Socrates goes wrong, in the following report it claims it was right, by injecting after-the fact signals that it had never reported earlier.


Read this blog starting at page 273 to find out more about computerized fraud

I have to admit, that's not how I remember it or happening but I do remember many people taking a lot of losses. I also say to myself while reading him, damn, did I miss a blog and the vagueness of his forecast.

I can only repeat, emphasize: He lied when he wrote: At the same time, that low generated a
minor Quarterly Bullish Reversal at 993. Either he knew it and traded against the many people who became his bag holders, or the signal was generated months later. I don't know which of the two possibilities applies, but so far, we have not found anyone who can show us that the 993 reversal was published at the same time or even close.

Read about Revision Signals

https://armstrongecmscam.blogspot.com/2019/07/revision-signals.html

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.

Every single defrauded person should report their case, see Where and how to complain

[unwashed]

One last observation, I did attend the 2015 WEC and they setup a forum for all attendees which I participated in. After the wec in Dec 2015 MA called for gold to go down below the 1k mark but my TA was saying otherwise and express so on the forum. I believed it bottomed. I wasn't alone, there was an Asian female who also was stating the same observation. We both tried to convince everyone of what we were seeing cause, OMG, everyone was going short on his forecast. Well, I took a long position and so did the Asian female. The after math wasn't a pretty site. Pull up chart for dec/jan 2015 gold chart and see for yourself.  Gold rallied from 1062 to 1375.

Spot on!  I was at the 2015 WEC and was also on that WEC forum too and I remember that situation all too well.  We went through those arrays exhaustively to try and make any sense of how to trade them and finally most came to the same conclusion, they don't work (at least not the system we had been given access to).  I remember seeing a few people posting that they knew how to read the system and made plenty of money using it but when pressed the analysis seemed to be similar to MA where one minute they'd be using one part of the array to forcast something and then next time they'd be using something else often siting all sorts of rules tha MA had given over the years.  It was that exact scenario that caused me to develop my own system when MA's call for new lows continued while the market had certainly appeared to turn and was looking like it might be a good run (and it was).  Like you I also trade using my own TA then only use MA's ECM to see if it lines up with my own analysis (like an early warning indicator).  

Yes, I remember the thread for the arrays, pages and pages, I give all you credit for that but did not contribute since I abandon the arrays a long time before. I use to print them out from his blog in 2011/12 and just set them on my desk to see how accurate they were, not many but enough for me. Not very useful. I didn't have the patience for a long drawn out study. I like to keep it simple, less is better for me.

[Indyz]

Lol. Look at the troll army go

So many of us newbies here, I wonder.....

[trulycoined]

Here's another forecast, from my brain, not an invented AI machine: the next WEC will be in Jan 2020 and in either Europe or Singapore. Await the hysterical articles building up to Jan 2020. Too predictable...

The above was my prediction on 21 June 2019, where that same predictable pattern keeps occurring. Hysteria and urgency all the way up to the financial Armageddon crescendo, which always coincides with the WEC because, conveniently, it means "attendees have more to talk about". And of course, that claim that the Rome 2019 WEC "may" be the last one ever in Europe (urgency, which forces your hand to buy a WEC ticket):
https://www.armstrongeconomics.com/armstrong-economics-upcoming-events/world-economic-conference/wec-in-rome-may-be-our-last-in-europe/

I know of people who paid to attend that event, worried this would be the last time they would have a chance to attend a WEC in Europe, and with the carrot dangling of Nigel Farage giving a speech.


Today on MA's blog, 8 July 2019:
https://www.armstrongeconomics.com/armstrongeconomics101/economics/trumps-federal-reserve-nominee-judy-shelton-gold/

We have not yet decided where to hold the next overseas WEC. Given the seriousness of things developing in Europe, we may hold it in Germany. This is still in question.

You have to laugh. MA's not even being subtle any more.

The next WEC is likely to be in Europe... In January. That means he'll start the hysteria and "urgency" sales tactics via his blog around August/September time.

Oh, and his blog post was exactly 2 x 8.6 days (17.2) after my 21 June post, to the DAY 😱 🤣

[icemanmelb]

Oh, and his blog post was exactly 2 x 8.6 days (17.2) after my 21 June post, to the DAY 😱 🤣

When is YOUR next seminar?

lol

[blinder007]

Nice show of american culture

Video of brutal family beatdown at Disneyland

Almost not believable and sad   (copy and past in browser)

https://www.infowars.com/hold-my-daughter-vicious-disneyland-family-brawl-caught-on-video/

[AnonymousCoder]

Con man meets con man

https://www.armstrongeconomics.com/world-news/corruption/fake-new-silence-any-new-achievement/

Martin Armstrong fails to tell us what he did with the scooter man.

Actually I think he just made this up - never happened.

It can't get any lower than this. What's next? UFOs?

Remember, Armstrong is the guy who keeps telling us about unscientific methods in Climate Change research.

Why don't we hear from Martin Armstrong: "has never been proven to work even once"?

I don't think Armstrong has any original ideas, ideas that haven't been published before in one form or another. He just grabs ideas as they suit him.

Why would anyone want his computer? The government does not even care about him. Everybody knows what type of people politians are. Most people know that Socialism kills the golden goose, destroys the wealth of a society as can be seen in Venezuela most recently. We don't need Armstrong and his government conspiracy theories about himself for that.


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.

Every single defrauded person should report their case, see Where and how to complain

[etoimene]

Scooter thing is really ... 

[MA_talk]

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!

@Gumbi, you need to state specifically how the trade was entered.  For example, the trade was entered, given
xxx on array, and
yyy on bearish/bullish reversals

And of course, you should state the expectation in terms of time-frame from the trade.  Given the volatility in stock market, if you simply wait long enough, the chance is very high that you can exit the trade with 1.3% gain.

And once that works, you should use again the SAME trading criteria above, and enter the same type of trades again and again.

If it is a successful formula, it will be repeatable.

If it's not, then the winning percentage would be close to 50%.

We are not here to find out how good you are as a trader.  If you are a good trader, you may be able to pick out the right signals from Armstrong's report, but filters out the wrong signals/information.  Well, that by definition, would show you as a good trader.

We are here to find out whether Armstrong's reports are worth anything.

But I haven't seen any of your substantiated claims on the reversal numbers from Armstrong.

[MA_talk]

Con man meets con man

https://www.armstrongeconomics.com/world-news/corruption/fake-new-silence-any-new-achievement/

Martin Armstrong fails to tell us what he did with the scooter man.

Actually I think he just made this up - never happened.

It can't get any lower than this. What's next? UFOs?

Remember, Armstrong is the guy who keeps telling us about unscientific methods in Climate Change research.

..........

I just read Armstrong's "amazing" article on the scooter man.

Okay, first thing first.  I don't know if anyone ever looks into that Barron's article, but I have done some research.  On the WHOLE internet, in respect to that Barron's article that Armstrong kept mentioning, he essentially said that stock market will rise for the long term, WITHOUT any specifics.

That was like "Duh!".  ANYONE could have said that, yet Armstrong kept self-congratulating himself on that.

Now, in this article, Armstrong apparently believed in the scooter man.  He almost certainly made up the $50 million claim, because the so-called "perpetual machine" that takes zero energy input, but continues to produce energy, will NEVER EVER exist due to conservation of energy law.  ANYONE who has taken a high-school physics class would know that the scooter man is a FRAUD, but of course, not Armstrong who has only a high-school degree based on DeSmogBlog.

That article ALONE is sufficient proof to show how much Armstrong knows about real science.  Armstrong doesn't understand the most basic law of energy conversation.

The ideas on perpetual motion machines have been with us going back several hundreds of years, if not thousands of years, and ALL have been proven FAKE.

How in the world can any people trust the "energy" model from this man when he doesn't even know the most basics, and when he cannot tell the difference between 8.6 versus 8.615?

From Armstrong's
"You plugged it in once and thereafter it self-generated power and did not need to be plugged in again."

Armstrong apparently confuses with inertia of the scooter, or moving at a constant velocity, with power/energy.  If there is ZERO friction, which is almost like in outer space, objects DO move forever, but the very moment, you convert its kinetic energy for your own use, the object will slow down.

Charlatan has done it again!

[Indyz]

several conmen on this thread, no need to even visit armstrong's blogs 

[trulycoined]

I searched if MA had mentioned that "magnetic engine" before, and he has:
https://www.armstrongeconomics.com/markets-by-sector/technology/death-of-oil-em-drive/

Thing is, even a cursory knowledge of famous scientists like Tesla would mean inventing stories like this is not difficult. What MA talks about IS feasible:
https://www.telegraph.co.uk/news/science/space/11769030/Impossible-rocket-drive-works-and-could-get-to-Moon-in-four-hours.html

The Barron's article is here:
https://www.barrons.com/articles/SB50001424053111904548404576397780966386382

Very few citations from MA himself before the 13 June 2011 calling for such a "low", and nor any direct call that markets would continue a massive rally for the next 8 years (or longer) from there.

As is usual with MAs prophecies, they are difficult to truly fact check and most of what the ECM calls usually does happen +/- 4 years, but then that isn't much better than any other analyst.

However, checking this here:
https://www.armstrongeconomics.com/models/historical-turning-points-economic-confidence-model-6000bc-2072ad/

The ECM DID call 2009 low more or less to the month (ECM April, actual low was March), so close enough. The issues:
• The above post was published in Mar 2014, so MA could just make up any dates he wanted before that time. Since 2014, what exactly has he called correctly? Only two things come to mind: the high in bitcoin Dec 2017 (was actually Jan) though I cannot find the article; and a decline in EU banking shares from 2017 > 2018.
• If he did make up these dates, that might be why other major calls like 2015.75 and 2018.895 (pi day) passed with barely a whimper.
• His credibility now rests on 2020.05. If that passes without incident, then the jury is out. Perfect timing for an increasingly ageing MA - at that point he won't really care about future income, and can retire on the millions he's made from conferences, subs and reports. Plus any hidden jewels he has stashed away from the 90s.

The earliest article I can find was uploaded 2007 on Princeton Economics website, and cites an article from 1999, where the same date appears:
http://princetoneconomics.blogspot.com/2007/01/martin-armstrong_06.html

This is where it gets frustrating. MA may be onto something, it is just so much of what he writes or forecasts is often BS or based on hysteria.

[MA_talk]

I searched if MA had mentioned that "magnetic engine" before, and he has:
https://www.armstrongeconomics.com/markets-by-sector/technology/death-of-oil-em-drive/

Thing is, even a cursory knowledge of famous scientists like Tesla would mean inventing stories like this is not difficult. What MA talks about IS feasible:
https://www.telegraph.co.uk/news/science/space/11769030/Impossible-rocket-drive-works-and-could-get-to-Moon-in-four-hours.html

The Barron's article is here:
https://www.barrons.com/articles/SB50001424053111904548404576397780966386382

Very few citations from MA himself before the 13 June 2011 calling for such a "low", and nor any direct call that markets would continue a massive rally for the next 8 years (or longer) from there.

As is usual with MAs prophecies, they are difficult to truly fact check and most of what the ECM calls usually does happen +/- 4 years, but then that isn't much better than any other analyst.
...

The EM drive does NOT work.  It produces force in the order of milli-newton, if at all.

Here is the latest result:
https://www.sciencealert.com/impossible-em-drive-test-concludes-external-thrust

Armstrong obviously believes in that, and also believes that he is in the same "oppressed" class of genius, who doesn't know about energy conservation.  By the way, just to be scientifically correct, it's only when Einstein came that sort of re-formulated the two laws of energy conservation and mass conservation into one single law of energy/mass conservation and interchangeable as E=m c^2.  So, if that scooter has some nuclear reaction going on, then sure, it will be another attempt on some sort of "cold fusion" that has always been shown FALSE so far.  But it was related to the "magnet", not nuclear reaction.


Thanks for confirming on the Barron's article.  Armstrong said NOTHING of significance.  To me, I think that is just like the same photo with Margaret Thatcher that Armstrong keeps re-posting, and claims to be friends with a political celebrity, when most likely, he just took it as an "admirer", but intended to use it to boost his personal credibility.

Yeah, he got his name mentioned in Barron's, but that is about it.  He said something like 1+1=2, and then claims that he actually predicts such and such, when there was NOTHING.

[MA_talk]

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.

@Gumbi, someone with the Pro subscription told me that Socrates did NOT say that there were turning points on July 1st, and July 8th.  Please provide proof.  Both days are in the PAST, and so there is no harm of providing such.

Then, the great Armstrong's or Socrate's turning points are NOT turning.  The following are DIA (with 5th column as the daily closing price) from Yahoo:

Jul 09, 2019   266.72   268.12   266.69   267.87   267.87   1,395,691
Jul 08, 2019   267.90   268.43   267.47   268.06   268.06   1,423,400
Jul 05, 2019   268.71   269.48   267.32   269.27   269.27   2,157,000
Jul 03, 2019   268.34   269.60   268.28   269.56   269.56   1,262,900
Jul 02, 2019   266.84   267.73   266.14   267.66   267.66   2,775,300
Jul 01, 2019   268.45   268.75   266.00   266.97   266.97   3,970,200
Jun 28, 2019   265.94   266.26   265.07   265.85   265.85   2,176,200

July 1st 2019 is NOT a local minimum, nor a local maximum, or rather the usual definition of TURNING POINT.

So let's see if July 9th 2019 is a turning point tomorrow.  It will be one if market close up tomorrow.  If July 9th 2019 becomes a turning point, Armstrong has a record of 1 hit out of 2.  That is 50% chance of getting it right.  I can flip a coin for that.

Sorry, I needed to re-edit my post.  It should have been July 8th as a turning point according to Gumbi/Armstrong.  And again, July 8th was NOT a local minimum, nor a local maximum.

So Armstrong/Socrates has a record of ZERO out of 2.

I have checked Armstrong's timing array MANY times, and it simply does NOT WORK.

[unwashed]

Lol. Look at the troll army go

So many of us newbies here, I wonder.....

Just curious, just because some register to express their thoughts, observation, experiences, interaction and results with his trading system means we're trolls? Personally I approach everything in this fashion, buying a car, house, brokerage, etc. Also that goes for trump even though I voted for him, just to make a point, not to start a political argument 

[MA_talk]

Con man meets con man

https://www.armstrongeconomics.com/world-news/corruption/fake-new-silence-any-new-achievement/

Martin Armstrong fails to tell us what he did with the scooter man.

Actually I think he just made this up - never happened.

It can't get any lower than this. What's next? UFOs?

Remember, Armstrong is the guy who keeps telling us about unscientific methods in Climate Change research.

..........

....

Now, in this article, Armstrong apparently believed in the scooter man.  He almost certainly made up the $50 million claim, because the so-called "perpetual machine" that takes zero energy input, but continues to produce energy, will NEVER EVER exist due to conservation of energy law.  ANYONE who has taken a high-school physics class would know that the scooter man is a FRAUD, but of course, not Armstrong who has only a high-school degree based on DeSmogBlog.

That article ALONE is sufficient proof to show how much Armstrong knows about real science.  Armstrong doesn't understand the most basic law of energy conversation.

The ideas on perpetual motion machines have been with us going back several hundreds of years, if not thousands of years, and ALL have been proven FAKE.

How in the world can any people trust the "energy" model from this man when he doesn't even know the most basics, and when he cannot tell the difference between 8.6 versus 8.615?

From Armstrong's
"You plugged it in once and thereafter it self-generated power and did not need to be plugged in again."

Armstrong apparently confuses with inertia of the scooter, or moving at a constant velocity, with power/energy.  If there is ZERO friction, which is almost like in outer space, objects DO move forever, but the very moment, you convert its kinetic energy for your own use, the object will slow down.

Charlatan has done it again!

By the way, I want to emphasize another point.  Let's say Armstrong temporarily lost his "scientific" mind when he met this scooter con man possibly 20 years ago.  Isn't that AMAZING that throughout the last 20 years of recalling the same event, he is UNABLE to recognize that energy must be conserved in the entire system?

If I am his physics teacher, I will give him an F.

@Gumbi, and @over45, what do you guys think about the scientific rigorousness of Armstrong's mind?

[MA_talk]

Lol. Look at the troll army go

So many of us newbies here, I wonder.....

Just curious, just because some register to express their thoughts, observation, experiences, interaction and results with his trading system means we're trolls? Personally I approach everything in this fashion, buying a car, house, brokerage, etc. Also that goes for trump even though I voted for him, just to make a point, not to start a political argument 

@unwashed, thanks for your contribution on pointing out that Armstrong mis-led SO MANY in his WEC conference on the gold.

That's another great example of Armstrong totally failing, and yet as AnonymousCoder pointed out, he LATER IN HINDSIGHT claimed that he is "again right".

That is OUT-RIGHT LYING, and has been cross-verified by at least 3 people on this forum.

So @Gumbi, and @over45, and @StrikeEagle, what do you say to that?