CaymanJack
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May 09, 2020, 07:47:54 PM |
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@Bumbum @fred9999
We should see a new high next week which could be as soon Monday with a decline thereafter into the week of the 18th(TP) which should be a panic cycle to the downside. a lot of these moves will be determined by the reversal system, so as long as the Dow does not elect its next bullish reversal at 24765, the market should decline into the the week of the 18th. The 2nd quarter is a turning point so we either have to make new lows or close below the 1st quarterly close. The intraday low may occur in May, with June being the lowest monthly closing.
So should you short the market? Or should you just wait until something happens and then proclaim Martin was right again in hindsight? How does this verbiage even help traders make a definitive trade? Martin proclaims the ECM is accurate to the date, but yet his forecasts are wishy washy with no definitive action to take and are written in a way to make him look right in hindsight. If you think the above information is not helpful then you are not a trader. You can short the market against the next daily bullish reversal(24765) the array forecasts turning points and the reversals will determine the direction going into them. The array does not say whether the turning point will be a high or a low, that is why you have to use both the array and reversals together. Armstrong cannot foresee what reversal will be elected or not elected, what you are suggesting is that Armstrong must somehow know the direction before a actual buy/sell signal is given which is absurd. Do you even read what you write? Why would you short against the next daily bullish? You just said the market will decline if it's not elected. So if it's not elected then what, do you short? This is so silly, how can any trader make a decision from your statements. Armstrong's ECM shows directions to the date, why can't his forecast?
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bumbum
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May 09, 2020, 07:49:30 PM |
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@Bumbum @fred9999
We should see a new high next week which could be as soon Monday with a decline thereafter into the week of the 18th(TP) which should be a panic cycle to the downside. a lot of these moves will be determined by the reversal system, so as long as the Dow does not elect its next bullish reversal at 24765, the market should decline into the the week of the 18th. The 2nd quarter is a turning point so we either have to make new lows or close below the 1st quarterly close. The intraday low may occur in May, with June being the lowest monthly closing.
So as long Dow close below 24765 on a weekly basis on May.11.2020, then the above applies? That's a steep decline if the intraday low occurs in May.
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CaymanJack
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May 09, 2020, 08:10:49 PM |
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@Bumbum @fred9999
We should see a new high next week which could be as soon Monday with a decline thereafter into the week of the 18th(TP) which should be a panic cycle to the downside. a lot of these moves will be determined by the reversal system, so as long as the Dow does not elect its next bullish reversal at 24765, the market should decline into the the week of the 18th. The 2nd quarter is a turning point so we either have to make new lows or close below the 1st quarterly close. The intraday low may occur in May, with June being the lowest monthly closing.
So as long Dow close below 24765 on a weekly basis on May.11.2020, then the above applies? That's a steep decline if the intraday low occurs in May. The question should be, when do you short this market? Martin Armstrong/Socrates will not give that answer. How can anyone trade using his could, should, maybe statements.
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Gumbi
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May 09, 2020, 08:19:31 PM |
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@Bumbum @fred9999
We should see a new high next week which could be as soon Monday with a decline thereafter into the week of the 18th(TP) which should be a panic cycle to the downside. a lot of these moves will be determined by the reversal system, so as long as the Dow does not elect its next bullish reversal at 24765, the market should decline into the the week of the 18th. The 2nd quarter is a turning point so we either have to make new lows or close below the 1st quarterly close. The intraday low may occur in May, with June being the lowest monthly closing.
So should you short the market? Or should you just wait until something happens and then proclaim Martin was right again in hindsight? How does this verbiage even help traders make a definitive trade? Martin proclaims the ECM is accurate to the date, but yet his forecasts are wishy washy with no definitive action to take and are written in a way to make him look right in hindsight. If you think the above information is not helpful then you are not a trader. You can short the market against the next daily bullish reversal(24765) the array forecasts turning points and the reversals will determine the direction going into them. The array does not say whether the turning point will be a high or a low, that is why you have to use both the array and reversals together. Armstrong cannot foresee what reversal will be elected or not elected, what you are suggesting is that Armstrong must somehow know the direction before a actual buy/sell signal is given which is absurd. Do you even read what you write? Why would you short against the next daily bullish? You just said the market will decline if it's not elected. So if it's not elected then what, do you short? This is so silly, how can any trader make a decision from your statements. Armstrong's ECM shows directions to the date, why can't his forecast? why would you short against a daily bullish? because a daily bullish is a key resistance level. @Caymanjack, when do you short this market? you short when a bearish reversal is elected which is a sell signal, or you can short against a bullish reversal and exit if elected which of course has more risk. right now it is could,should, maybe because no sell signal(bearish reversal) has been elected. @bumbum 24765 is a daily bullish reversal as long as that is not elected we can move lower. you can short the market intraday and exit if elected at the close. the weekly's are at the 27000 level. June only has to close below 21917.16 to confirm the quarterly turning point here in the 2nd quarter if no new lows are made
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CaymanJack
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May 09, 2020, 08:32:31 PM |
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@Bumbum @fred9999
We should see a new high next week which could be as soon Monday with a decline thereafter into the week of the 18th(TP) which should be a panic cycle to the downside. a lot of these moves will be determined by the reversal system, so as long as the Dow does not elect its next bullish reversal at 24765, the market should decline into the the week of the 18th. The 2nd quarter is a turning point so we either have to make new lows or close below the 1st quarterly close. The intraday low may occur in May, with June being the lowest monthly closing.
So should you short the market? Or should you just wait until something happens and then proclaim Martin was right again in hindsight? How does this verbiage even help traders make a definitive trade? Martin proclaims the ECM is accurate to the date, but yet his forecasts are wishy washy with no definitive action to take and are written in a way to make him look right in hindsight. If you think the above information is not helpful then you are not a trader. You can short the market against the next daily bullish reversal(24765) the array forecasts turning points and the reversals will determine the direction going into them. The array does not say whether the turning point will be a high or a low, that is why you have to use both the array and reversals together. Armstrong cannot foresee what reversal will be elected or not elected, what you are suggesting is that Armstrong must somehow know the direction before a actual buy/sell signal is given which is absurd. Do you even read what you write? Why would you short against the next daily bullish? You just said the market will decline if it's not elected. So if it's not elected then what, do you short? This is so silly, how can any trader make a decision from your statements. Armstrong's ECM shows directions to the date, why can't his forecast? why would you short against a daily bullish? because a daily bullish is a key resistance level. @Caymanjack, when do you short this market? you short when a bearish reversal is elected which is a sell signal, or you can short against a bullish reversal and exit if elected which of course has more risk. @bumbum 24765 is a daily bullish reversal as long as that is not elected we can move lower. you can short the market intraday and exit if elected at the close. the weekly's are at the 27000 level. June only has to close below 21917.16 to confirm the quarterly turning point here in the 2nd quarter if no new lows are made Ok, then what is the magic number for shorting this market? Short the market after it has already declined? You will find yourself sitting on the sidelines waiting for these magical numbers to be or not be elected only to see the goal posts constantly move. What a joke.
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nstrdms
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May 09, 2020, 08:49:56 PM |
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Ok, then what is the magic number for shorting this market? Short the market after it has already declined? You will find yourself sitting on the sidelines waiting for these magical numbers to be or not be elected only to see the goal posts constantly move.
What a joke.
MA will provide the precise magic number. Just ask him in hindsight.
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AnonymousCoder
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May 09, 2020, 09:14:05 PM Last edit: July 20, 2021, 05:43:58 PM by AnonymousCoder |
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Ok, then what is the magic number for shorting this market? Short the market after it has already declined? You will find yourself sitting on the sidelines waiting for these magical numbers to be or not be elected only to see the goal posts constantly move.
What a joke.
MA will provide the precise magic number. Just ask him in hindsight. And if he forgot to predict something or the market moved in the opposite direction to his prediction he will say on schedule. See The Martin Armstrong Lie DetectorMartin A. Armstrong: convicted felon, shameless conman, schizophrenic crackpot & financial comedian 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 at econsumer.gov
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bumbum
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May 09, 2020, 11:23:59 PM |
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why would you short against a daily bullish? because a daily bullish is a key resistance level. @Caymanjack, when do you short this market? you short when a bearish reversal is elected which is a sell signal, or you can short against a bullish reversal and exit if elected which of course has more risk. right now it is could,should, maybe because no sell signal(bearish reversal) has been elected.
@bumbum 24765 is a daily bullish reversal as long as that is not elected we can move lower. you can short the market intraday and exit if elected at the close. the weekly's are at the 27000 level. June only has to close below 21917.16 to confirm the quarterly turning point here in the 2nd quarter if no new lows are made
Really appreciate your effort in explaining. It's more clearer to me now. I read the manual couple weeks ago and will still need to read few more times. I have following MA since 2012 but only for his political views and general market direction. I did not use it for trading purposes since I didn't really understand how to use his models. Do you use his energy model or other technical analysis in conjunction with reversal and array to improve trading?
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fred9999
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May 10, 2020, 01:27:26 AM |
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Hello Gumbi
"We should see a new high next week which could be as soon Monday with a decline thereafter into the week of the 18th(TP) which should be a panic cycle to the downside. a lot of these moves will be determined by the reversal system, so as long as the Dow does not elect its next bullish reversal at 24765, the market should decline into the the week of the 18th. The 2nd quarter is a turning point so we either have to make new lows or close below the 1st quarterly close. The intraday low may occur in May, with June being the lowest monthly closing."
Thanks for the update. Will be watching those numbers.
Any word on a time frame for when the major slingshot move up might occur and if it might be connected to the potential low created following the 2nd quarter turning point?
Fred
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etoimene
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May 10, 2020, 01:03:04 PM |
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The unit of 3 rule a day is a unit of time, a week is a unit of time, a month is a unit of time etc
The election of reversal indicates the expected high or low should occur within 1 to 3 units of time, be it daily, weekly, monthly or quarterly. Hence the election of a daily reversal means the expected move should occur within 1 to 3 days.
I don't understand what is indicated high or low in "The election of a reversal normally indicates that the expected high or low ..." Didn't find any info how reversal election indicates high/low.
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Indyz
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May 10, 2020, 05:13:47 PM |
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lol. Amazing pump and dump convos happening here. Love it. Comedy
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MA_talk
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May 12, 2020, 06:56:26 AM |
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Hello Gumbi
"We should see a new high next week which could be as soon Monday with a decline thereafter into the week of the 18th(TP) which should be a panic cycle to the downside. a lot of these moves will be determined by the reversal system, so as long as the Dow does not elect its next bullish reversal at 24765, the market should decline into the the week of the 18th. The 2nd quarter is a turning point so we either have to make new lows or close below the 1st quarterly close. The intraday low may occur in May, with June being the lowest monthly closing."
Thanks for the update. Will be watching those numbers.
Any word on a time frame for when the major slingshot move up might occur and if it might be connected to the potential low created following the 2nd quarter turning point?
Fred
Slingshot here. Slingshot there. Stock market slingshot. Gold market slingshot. All sensational. If Armstrong can EVER predict anything, why doesn't his model predicts anything AHEAD of time, and just tell you clear buy/sell signals which can easily be evaluated for its performance. A million lines of software code at the end of the days MUST make buy/sell decisions for trading to make money. Maybe, should, won't do. But NO, Socrates will NEVER tell you that. Then Armstrong "interprets Socrates". Then Gumbi interprets Armstrong. Then Digilab interprets Gumbi, or answer his own vague questions. Then the readers fall for the answers and continue to subscribe. If ANYONE in this chain makes any mistakes, it's their own fault, because Socrates is unemotional and by default doesn't make any human mistakes. Well, sure. How can any algorithm or person make any mistakes with hindsight? One must wonder why after almost 400 pages of this forum, with some hedge fund managers here, and still NOBODY found the magic trading formula. (Well, maybe the emperor is naked, and maybe there is just no magic trading based on Armstrong's.) Why hasn't Armstrong made billions like Bill Ackman during this crisis? Oh, because Armstrong said that it's just a normal flu, duh? https://www.armstrongeconomics.com/international-news/disease/why-exaggerated-nonsense-on-flu/That is a colossal mistake. Nor did Socrates see the biggest panic in crude oil history, going negative. https://armstrongecmscam.blogspot.com/2020/05/armstrong-failed-to-predict-crude-oil.htmlThe whole world is all connected, and Socrates supposedly tracks all financial markets. It's sufficient to show that Socrates doesn't work, with just prediction failures in crude oil market. If one piece of puzzle is wrong, there is no way that Socrates can assemble the entire picture correctly. Oh, but it runs in DOSBox (as shown in the photos from above link), dude! MSDOS program apparently, not on super-computer.
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AnonymousCoder
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May 15, 2020, 06:58:50 PM Last edit: July 20, 2021, 05:43:42 PM by AnonymousCoder |
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Regular Socrates Warning Broadcast It's a Scam
We don't want to spam the forum like others and we don't want to disrupt the sequence either so click here for the article. 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 at econsumer.gov
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BitsChild
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May 15, 2020, 07:22:15 PM |
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Spamming every page of this forum with the same childish post is pretty pathetic. No matter how great your case is, that type of activity weakens your argument. Just my personal opinion.
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AnonymousCoder
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May 15, 2020, 08:07:47 PM Last edit: July 20, 2021, 05:43:35 PM by AnonymousCoder |
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Spamming every page of this forum with the same childish post is pretty pathetic. No matter how great your case is, that type of activity weakens your argument. Just my personal opinion.
Thanks for your non-contribution. You may have noticed that this is a blog, not a Wiki, and therefore, any low content post such as yours would force visitors to scroll back many pages to get to real information if core conclusions were not kept somewhere prominent such as on the last page of the blog. Therefore, as a major contributor of research and plain facts, I have decided to build a page that suits the purpose. Too bad for those who take offense - my measure is just a reaction to the technical realities and the behavior of the real spammers like you who extend this thread even while there is almost nothing to be said that hasn't already been said about the fraud Martin Armstrong. Meanwhile, our themes of the day are still "The Martin Armstrong Scam - Where and how to complain", "Gumbi IS Martin Armstrong", "Which Government has asked Martin Armstrong for Advice?", "Socrates Technical Analysis Prediction Magic" and "Economic Advice by Martin Armstrong". Watch at Armstrong Economics how Socrates subscribers get whipsawed trying to recoup their losses.
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BitsChild
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May 15, 2020, 10:09:01 PM |
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Spamming every page of this forum with the same childish post is pretty pathetic. No matter how great your case is, that type of activity weakens your argument. Just my personal opinion.
Thanks for your non-contribution. You may have noticed that this is a blog, not a Wiki, and therefore, any low content post such as yours and the message before my recent one would force visitors to scroll back many pages to get to real information if core conclusions were not kept somewhere prominent such as on the last page of the blog. Therefore, as a major contributor of research and plain facts, I have decided to build a page that suits the purpose. Too bad for those who take offense - my measure is just a reaction to the technical realities and the behavior of the real spammers like you who extend this thread even while there is almost nothing to be said that hasn't already been said about the fraud Martin Armstrong. Meanwhile, our themes of the day are still "The Martin Armstrong Scam - Where and how to complain", "Gumbi IS Martin Armstrong", "Which Government has asked Martin Armstrong for Advice?", "Socrates Technical Analysis Prediction Magic" and "Economic Advice by Martin Armstrong". Good comeback, genius. This isn't a 'blog', it's a public message board. Calling me a spammer (with my two posts in a year) shows that you need a new logic co-proceesor. Maybe a new motherboard and some more RAM as well. The content you regurgitate isn't cutting edge research. It is presented like an adolescent's grade school project. It's like you lost money following someone else's opinion, and are nursing a personal grudge. Have I threatened you by invading your safe space? Sorry if my low information post is stealing the spotlight from your masterpiece in investigate research.
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Armstronghater
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May 19, 2020, 03:58:48 AM |
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This just in: Armstrong still a fraud trying to rip people off.
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AnonymousCoder
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May 19, 2020, 07:39:45 AM Last edit: July 20, 2021, 05:43:26 PM by AnonymousCoder |
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luckyplate
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May 20, 2020, 08:40:21 AM |
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@Bumbum @fred9999
We should see a new high next week which could be as soon Monday with a decline thereafter into the week of the 18th(TP) which should be a panic cycle to the downside. a lot of these moves will be determined by the reversal system, so as long as the Dow does not elect its next bullish reversal at 24765, the market should decline into the the week of the 18th. The 2nd quarter is a turning point so we either have to make new lows or close below the 1st quarterly close. The intraday low may occur in May, with June being the lowest monthly closing.
So as long Dow close below 24765 on a weekly basis on May.11.2020, then the above applies? That's a steep decline if the intraday low occurs in May. The question should be, when do you short this market? Martin Armstrong/Socrates will not give that answer. How can anyone trade using his could, should, maybe statements. The longer the consolidation , the more violent will be the next move or drop. Spx resistance level at 2760 . Below that and the next drop is 2500 . Stay above 2900 is bullish very short term
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