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  • Trade of the CenturyDateSun May 05, 2019 4:57 pm
    Topic by PSP. Forum: General Discussion

    We have all read about Armstrong's trade of the century statement. Apparently Nigel Farage had mentioned it at the ROME WEC. He stated it was the collapse of the Euro. I assumed it was the rise of US equities (DOW). I know MA states that both are linked, but for profit maybe shorting the EURO vs. USD is the best trade? Some people on twitter - that attended ROME - have referenced this as well.

    https://ibb.co/2dsF9gS

  • April 29, 2019 Weekly ECMDateSat Apr 27, 2019 6:21 pm
    Topic by PSP. Forum: General Discussion

    Monday, April 29, 2019 is an Internal 37.33 week cycle. Here is a post from about a year ago discussing these weekly ECM turning points: LINK

    "The manner in which markets interact at critical periods with the ECM identifies the trend it will take." MA states

    I am curious if this will mark a turning point in the US markets (DOW) based on not electing the important bullish reversal.

    Sorry for the messing chart but here - the red bullseyes - marking some of the dates. Interesting to see reaction on the DOW during these dates

  • Q1 DOWDateMon Jan 14, 2019 12:22 am
    Topic by PSP. Forum: General Discussion

    MA is stated that Q1 will consolidate or retest support.

    I am looking to purchase the 2019 US share report when it comes out and I will also purchase video access to Michael Campbells 2019 World Outlook Financial Conference on Feb 1 and 2.

    Michael Campbell is the one who interviews Armstrong at the World Economic Conferences and keeps Marty on track with his discussion.

    Here is what Campbell said recently about Armstrong:
    Link

  • Happy 2019DateTue Dec 25, 2018 6:34 pm
    Topic by PSP. Forum: General Discussion

    Hello old friends! I hope all is well.

    Here is an interview with Marty as of Oct. 13, 2018 when the DOW was trading about 4000 its higher that today's price.

    Interview

    All my reading it appears 21600 on the DOW seems to be an important year end close number. We apparently will make a January/Feb low an that will be the time to go long.

    I would love to get this forum going again.

    Chat soon,
    PSP

  • BenchmarksDateTue Jun 13, 2017 7:37 am
    Topic by PSP. Forum: General Discussion

    Benchmarks explained:

    Benchmarks link

    June 19, 2017 Gold Benchmark

    http://imgur.com/a/Tgreu

  • Trader ver. of SocratesDateTue Nov 29, 2016 6:22 am
    Topic by PSP. Forum: General Discussion

    Well more delays with the release of the trader version. I was told they were having PayPal issues and once they have a payment system ready they will take it public. I hope end of year or earl 2017

  • Dow Week of April 18DateSat Apr 16, 2016 1:29 am
    Topic by PSP. Forum: Stock Market

    MA talked about the possibility of testing the highs or making new highs with a weekly close above 17846




    MA has stated:

    "To suggest that the major low has been made, the Dow would need to climb over the 17750 level on a weekly closing basis"

    Weekly:

    "From a timing perspective, we still see the key weeks ahead as 04/25 and 05/09 with volatility picking up in May and then we have a Directional Change cluster in June near the BREXIT vote."


    Monthly:
    "The timing clearly is showing June and August as key targets for now. This is centered around the BREXIT vote in June and the Republican Convention at the end of July. Directional changes are warning of a choppy affair until the first quarter next year.
    Keep in mind that this is the most pessimistic rally in history with the highest short-interest. This is why the market keeps pushing higher, yet slowly. It is eating through the pessimistic analysis and when rates begin to rise, there will be another wave a selling trapping the bears latter in the year.
    The Daily Bearish lies at 17434 and the Weekly Bearish lies at 16820. So as long as these two Reversals hold, then the basing at higher levels is being maintained."

  • DOW week of April 11DateWed Apr 13, 2016 1:49 am
    Topic by PSP. Forum: Stock Market

    Armstrong was right about a neutral direction and the sideways action. I have been nimble and just focussed on a few small day trades once the direction was established. I am not holding overnight as the swings have been a little crazy. No direction really established at this point.

    MA did say that even if we pushed a bit higher it wasn't sustainable last week.

  • Armstrong ReportsDateMon Apr 04, 2016 4:53 pm
    Topic by PSP. Forum: General Discussion

    Does anyone know if Armstrong has put his DOW benchmarks in any one of the reports for 2016?

    Thanks

  • DOW week of April 4, 2016DateFri Apr 01, 2016 10:37 pm
    Topic by PSP. Forum: Stock Market

    Armstrong wrote the following on April 1, 2016

    April 1, 2016

    In the Dow, we have a cluster of Weekly Bullish Reversals starting at 17680, 17750, and 17846. You will notice that the top of the Downtrend Line stands at 17651.03. It appears that the Dow should create a temp high and we have a Directional Change Next Week. A closing today BELOW 17420 should signal a drop to retest support. I would expect a follow through to the upside only if we close above 17856 level.
    It appears that it is still in a consolidation phase, but it is obviously firming up. There is a potential to break out to the upside with a closing above 17846 today, but that may not be instantaneous. Closing above 17750 may see some follow through into next week, but it would not likely be sustained. Closing above 17856 would imply that the Downtrend Line might start to provide support for any retest. That pattern would warn that we could make new highs and then pull back. This would clearly put a lot of pressure on the Federal Reserve to focus on domestic policy objectives.

    http://i.imgur.com/l3ZW2UX.jpg
    admin: (image removed, replaced with link)

    Looks like there is a directional change this coming week. MA discussed the possibility of a little more upside as we have closed the week above 17750.

    I will look at Shorting the DOW early next week as we approach the 17856 level.

    http://i.imgur.com/l3ZW2UX.jpg
    admin: (image removed, replaced with link)

  • End of Q1 - GOLDDateWed Mar 30, 2016 4:21 am
    Topic by PSP. Forum: Metals

    Well this week marks the end of Q1. Only two more trading days. I already have a short in Gold but my line in the sand is clear from the chart. The monthly high reached on the gold futures was 1287.80. Even if we violate the downtrend line up to this for the quarter end - I will hold the short.



    Armstrong posted the following last Saturday:

    "Gold bounced off the the Weekly Bullish of 1287.50 within 30 cents and on target being the week of March 14th. The oscillator is starting to crest and now we will make an important retest of support. Technically, the Downtrend Line rests at 1188.31 for this week. If gold will rally out of the Benchmarks, this is where it must hold intraday. Even penetrating this technical level will warn that it is not ready for prime time."

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