Member
Posted 10 July 2020 - 12:29 PM
I'm not really trying to discredit him, just that I did not understand the abrupt hinging the 2032 call
on whether the economy opened by a certain date. I'm still expecting a secular bull market into the
2032 timeframe. Bull markets usually run 20 years anyway. I do think we get a cyclical bear market in a few years though.
Edited by CLK, 10 July 2020 - 12:29 PM.
Member
Posted 10 July 2020 - 12:59 PM
the funny thing is that a long discussion is going on about......what ? what will happen in 2032 ? seriously, have anyone here made some money out of these kind of forecasts ? I doubt
forever and only a V-E-N-E-T-K-E-N - langbard
Member
Posted 10 July 2020 - 01:20 PM
the funny thing is that a long discussion is going on about......what ? what will happen in 2032 ? seriously, have anyone here made some money out of these kind of forecasts ? I doubt
Bravo, sir! No disrespect to anyone here, but I found your comment funny and spot on.
Member
Posted 10 July 2020 - 02:04 PM
to me forget forecasts if the dow breaks above 26500 and stays there its going a lot higher
i have lot of trouble thinking too far out
Volume Dynamics Specialist
Posted 10 July 2020 - 03:13 PM
Now that is true, the way things are shaping up, I plan to retire very soon at an early age and force myself (through manipulating my investments) to live on dividend income of under $70k/year to escape the Liberal taxation to come. It’s either this or simply leave the country and become expat, though that has its own complications, I can’t travel internationally with firearms....
Go to New Zealand... the only firearms you need there are for hunting, and it's awesome. Fishing is unbelievable too - from Pellagics to Freshwater... It's a liberal's paradise too, but people are mellow and there's lots of room there to get away from everyone... and it's one beautiful country. Take a trip down there if you haven't...
Member
Posted 10 July 2020 - 11:37 PM
Now that is true, the way things are shaping up, I plan to retire very soon at an early age and force myself (through manipulating my investments) to live on dividend income of under $70k/year to escape the Liberal taxation to come. It’s either this or simply leave the country and become expat, though that has its own complications, I can’t travel internationally with firearms....
Go to New Zealand... the only firearms you need there are for hunting, and it's awesome. Fishing is unbelievable too - from Pellagics to Freshwater... It's a liberal's paradise too, but people are mellow and there's lots of room there to get away from everyone... and it's one beautiful country. Take a trip down there if you haven't...
That’s great but not for an individual that owns an Arsenal of weaponry including suppressors. The US and the Deep South is the only place One can live.
Edited by cycletimer, 10 July 2020 - 11:37 PM.
Member
Posted 11 July 2020 - 12:15 AM
the funny thing is that a long discussion is going on about......what ? what will happen in 2032 ? seriously, have anyone here made some money out of these kind of forecasts ? I doubt
Staying long into Armstrong's next Dow target of 40k will be good money and then eventually his 65k call which is inline with 'Cheifios' 
view I think.
Member
Posted 11 July 2020 - 12:21 AM
Nobody's perfect, but he sells his services claiming they're "never wrong." That's fraud, and it's easily demonstrated.
Where has he stated they are never wrong? That is a ridiculous statement, he obviously knows not all his predictions have been totally correct. In about 2012 he said Gold was going down to 1100 or 1200 ( I don't remember exactly but it was down there in that area) , it then went as low as 1050 and after that he said it was going to break below 1000 which it obviously did not, it in the public record and he knows that. I attended his World outlook conference in 1997 and he predicted oil would go down to 10 dollars and then go up to minimum 65 a barrel and when that started to happen he increased the number to about 100 dollars. Overall that was a very good forecast which the general public did not have access to if they did not pay for it. Below is the forecast slide from Armstrong's early 1998 World Outlook Conference which was pretty amazing. For the record, 2015.75 date in Armstrong's forecast was for the start of the 'big bang' debt crisis and that the Euro would start to decline between 2011 and 2015 which is now ongoing and my own work is showing the Euro will form a big low in late 2022. https://www.armstron...egorized/20305/
Russ,
Some of these folks are overthinking this post of yours and are extremely judgemental (CLK & hhh). You post something like MA which is valuable and can be learned from and characters on this board just can’t help themselves, they have to poke holes in it. Piss on them. I appreciate the post and I am. A big fan of Armstrong. By them again, I’m also a fan of our POTUS, so what do I know?
Yeah MA is a pretty smart guy, my old futures broker Ross Clark who is also a chart technician from Chartworks followed Martin around for months in the 1980's, Ross said "nobody can keep up with Marty". I like the Donald too, drain the swamp!
Member
Posted 11 July 2020 - 12:23 AM
Now that is true, the way things are shaping up, I plan to retire very soon at an early age and force myself (through manipulating my investments) to live on dividend income of under $70k/year to escape the Liberal taxation to come. It’s either this or simply leave the country and become expat, though that has its own complications, I can’t travel internationally with firearms....
Go to New Zealand... the only firearms you need there are for hunting, and it's awesome. Fishing is unbelievable too - from Pellagics to Freshwater... It's a liberal's paradise too, but people are mellow and there's lots of room there to get away from everyone... and it's one beautiful country. Take a trip down there if you haven't...
It's bit cold on the south Island now... https://electroverse...l-north-island/
Volume Dynamics Specialist
Posted 11 July 2020 - 08:59 AM
Now that is true, the way things are shaping up, I plan to retire very soon at an early age and force myself (through manipulating my investments) to live on dividend income of under $70k/year to escape the Liberal taxation to come. It’s either this or simply leave the country and become expat, though that has its own complications, I can’t travel internationally with firearms....
Go to New Zealand... the only firearms you need there are for hunting, and it's awesome. Fishing is unbelievable too - from Pellagics to Freshwater... It's a liberal's paradise too, but people are mellow and there's lots of room there to get away from everyone... and it's one beautiful country. Take a trip down there if you haven't...
It's bit cold on the south Island now... https://electroverse...l-north-island/
To me the place to live there is North Part of the North Island... a place called Bay of Islands... that's where the warm water runs in for the pellagics.
If somebody is into skiing... the South Island features the "Southern Alps" Overall unmatched beauty on both islands. If you schedule a trip down there for a couple of weeks, you won't want to go home. Warmest time with the least amount of rain and moisture is around January...and it does rain a lot.
