What's up Armstrong
#1
Posted 22 April 2007 - 07:34 AM
#2
Posted 22 April 2007 - 08:01 AM
Is this the first time that the direction of an Armstrong turning point was reversed with a new high just two months after the turning point?
Furthermore is this the first time the turning point was not followed by a +10 per cent move?
Next turning point is set for march 2008 - the previous turning point turned out to be a move down - does this mean the next turning point has to be a move up?
A lot of questions - it seems like a lot of rules are currently being mocked
I guess da boyz are just doing their job
RULES?????....what rules?...
#3
Posted 22 April 2007 - 12:09 PM
well the rule for armstrong's turning points have been a move of more than 10 per cent
Is this the first time that the direction of an Armstrong turning point was reversed with a new high just two months after the turning point?
Furthermore is this the first time the turning point was not followed by a +10 per cent move?
Next turning point is set for march 2008 - the previous turning point turned out to be a move down - does this mean the next turning point has to be a move up?
A lot of questions - it seems like a lot of rules are currently being mocked
I guess da boyz are just doing their job
RULES?????....what rules?...
#4
Posted 22 April 2007 - 06:37 PM
well the rule for armstrong's turning points have been a move of more than 10 per cent
Any indicator is more of a probability than a hard rule.
"In order to master the markets, you must first master yourself" ... JP Morgan
"Most people lose money because they cannot admit they are wrong"... Martin Armstrong
http://marketvisions.blogspot.com/