12 replies to this topic

[mdwllc]

Here's a link to a web site that covers most of the above:

http://www.contrahou...n_armstron.html



I had it bookmarked to go read sometime and never got around to it.....MDW

[Russ]

Repost: your computer system would not let me edit the last one, even though it originally said I could.

I mentioned to Selecto in an earlier post last week (about Selecto posting his 'doodles' on a blog) about my blog which is dedicated to Martin. As Blizzard just noted my webblog is at: http://princetonecon...s.blogspot.com/ whic has a twin called MarketVisions.

I have studied his work for close to two decades, including attending lectures,subscription to the Armstrong report and talking to him in person and on email. I have been in contact with his son Martin Jr. for several years in an attempt to help his father.

This is a panic cycle, it is not likely the start of a bear market. It should be over in another 5 weeks or so.
It is based on international capital flows, hence the mess started in Asia and appears to be driven by Japanese investors. The japanese handed over serveral billion dollars to Martin to manage after he called the high in the Nikkei in 1989 and predicted it would fall 20,000 points in 10 months - which it did. What the public got from his reports is just the surface of the ocean, his supercomputer model had 20,000 variables.

The CIA and the Chinese government tried to acquire it from him after he called the crash of 1998 to the day from it and went short 1000 contracts of the sp500 and several hundred contracts of the major European markets and he said no to them and wound up in prison a few months later. According to Eric Von Baranov who runs the Kondrayev forum on yahoo, a CIA officer aquaitance of his told him that Armstrong had to be stopped at controlling large amounts of capital with such a powerful computer model. I don't know if that is the motivation or whether what the government says is true that the mishandling of capital is why he was arrested. Some say it is because he had a big mouth and accused some large market players of corruption and they decided to get him by making it hard to get out of his yen trade that went bad. His banker from Republic Bank was murdered in his armed guarded penthouse in Monaco back then too.

Russ

[Russ]

Correction on the above: His supercomputer model had 32,000 variables, it (he thought) had probably the largest financial datbase in the world on it, some of it he got from the london museum - data on interest rates going back to ancient Babylon (Iraq) . He was also the Chairman of the Foundation for the Study of Cycles, a very prestigious group that was started up by a previous US Presidential group I think. As I said the CIA wanted the model and so did his judge, which was why the judge was angry that Martin X'ed out all the data on those drives, he was not about to hand over $60 million worth of programing to the Government/CIA ('its all the same alphabet soup' - North-by-Northwest)

Edited by Russ, 05 March 2007 - 12:47 PM.