Loading ...April Fools and 1279
Armstrong :
Calling for a hard fall in the euro March 22. That’s fine …Norvast has a similar call based on his Gann Work (Short term Dollar BottoM)
Armstrong had a hard down Euro call 2 or 3 weeks ago
I bought EUO and LOST !
Since he started his website and emails about a year or so now…I have never had a good trade trying to follow him
He has now degenerated to IF this Then That ! His calls are NOT calls but probabilities .
1279 ? thats THE Number..IF on March 31st at 4 PM NY Time the POG is $1278.60 …we will go to 875 post haste ?
The Oracle has decreed this ! Bullshit ! Markets are not that precise .
Come on guys and gals…we have to be better than this…we have all the tools Armstrong and Hal have right here .
I didnt’ buy the latest Gold Report but I did buy the first one and it was ridiculous !
Not one person I have read made heads or tails of it no less could trade on its arcane duplicitous projections for
Gold Silver Platinum and Palladium in all the major Currencies .I still have it in my saved files if anyone wants to see what I mean.
1279 1279 we will all watch the POG for the next 2 weeks the 31st is a Thursday…if we finish below 1279 we will all Panic and sell on Friday….because we are April Fools !
sheesh
OK..lets look at the “Significance of this Armstrong Number” As I understand its important because it is a Quarterly End….So If the first quarter of 2016 ends with Gold Below 1279 we will go to Gold 875 !
Why ? There’s not to reason why ? Why ?
1279 has zero significance on a Gold Quarterly Chart . I’d venture that 1225ish is significant
If we close above that the downtrend line is broken
Also LOOK at this Chart…it is the HISTORY of Gold , Post Nixon !
There has NEVER been a Bigger Move (Nominally) in the History of Gold than we have had so far this Quarter !
The quarter has 9 more days to go…IF ( yes big IF) Gold closes hereabouts it would be a $200 gain (all of this happened actually in about 6 weeks !
Of course it could flame out and close at 1225 or below …lets watch .
but If Gold closes right here 1256 on March 31 , I hope all You Armstrong Followers sell and leave it all to me.
We are potentially witnessing the largest Quarterly gain in HISTORY for Gold and the Doubts Persist
Bullish !
“Why ? There’s not to reason why ? Why ?”
BECAUSE SOCRATES SAID IT !!! it’s the artificial intelligence,stupid! 😛
One of these days Fully is going to show Socrates the respect he/it deserves and he’ll have to eat his words….will the 31st of March be the day? I for one REALLY, REALLY hope Fully is right BTW!
“One of these days Fully is going to show Socrates the respect he/it deserves and he’ll have to eat his words”
I REALLY hope this will never happen since I’ve had enough of gold bear market!
Largest quarterly gain since Nixon, you say, Fully. Never realized that. Giddyup 🙂
You’re correct (in part) in saying…………
“He has now degenerated to IF this Then That ! His calls are NOT calls but probabilities”
While I don’t think he’s degenerated – I agree it’s an If/Then scenario. That’s how I’ve always interpreted MA. And I agree – it’s about probabilities (risk/reward). What’s the problem with that?
I did buy the 2016 report, and in a quick read saw that the next couple of weeks are important. Will re-read over the long weekend and start watching weekly closes, because If a reversal is breached or turned away , Then I may or may not sell my long positions. But I can’t say for sure yet 🙂