6 replies to this topic

[blustar]

One of my subs (Robert G.V. thx!) sent this link to Armstrong's Newsletter Alert this morning on war cycles:

https://www.armstron...re-august-2017/
 

This would fit with a meltdown on Monday like I was thinking. This coming move could rival the August 18-24, 2015 meltdown (that was blamed on China).  % wise, we need to see 2456 SPX today at some point in order to be in alignment.  The SPX is oversold in the short term and needs to make a bear flag, so some sideways movement is expected.
 

IF we fall 11.2% (top to bottom) like we did in August 2015, that would target the 2211/12 area.  To me, that would say that this would be (X) of "B" with (Y) and (Z) yet to come into early next year with the final "C" of intermediate wave Y (of primary wave 4)  yet to come into August 2018 where the McClellan noted oil peak of 2008 + 10 years predicts a stock market top.

 

Of note: we also have Mercury Rx on August 12-13, which tends to end and begin new cycles.

Edited by blustar, 09 August 2017 - 09:18 AM.

[da_cheif]

north korea........sounds like the iraq non existant weapons of mass destruction.

[da_cheif]

armstrong.....why would anyone quote this felon

[NAV]

This Armstrong guy has been talking about the war cycle for almost 2 years not. Every time there is some saber rattling, he comes and takes credit for it. This guy is a big hack.

 

Why don't you folks read history ? Most wars happen after a prolonged stock market bust, not near all time highs !

 

P.S - Blu, you are incredible. Now you have upped your forecast for a decline from 9% to 11%. Your puts are going to zero - 99% odds ! 

Edited by NAV, 09 August 2017 - 09:45 AM.

[Harapa]

 Your puts are going to zero - 99% odds ! 

Sheee!!!

 

[tommyt]

"Your puts are going to zero - 99% odds !"

 

NAV, sounds like you should be short those same puts with those odds. I have no way of knowing how much we fall, but the setup is here for increased vol

for the next 2 months. Not a big seller of naked puts quite yet.

[Darris]

http://english.yonha...0000600315.html