Anyone heard of Martin Armstrong?
He has a theory based on financial cycles and has successfully predicted past stock market crashes and booms.
According to Martin's models, a deeper crash than the one we have just had is due in March this year and will bottom out in June 2011.
Quote from website:
"The model was first published a couple of decades ago but was used to forecast the 1980-81 peak in inflation in the late 1970's. It is known as the Princeton Economic's 'Economic Confidence Model' and was a part of Armstrong's 32,000 variable artificial intelligence super-computer model, which Armstrong said had "perhaps the largest economic database in the world, some of which he got from the london museum, including record from ancient Babylon, so I believe him when he says that he backtested the cycles into the ancient world. The CIA and Chinese government tried to aquire the model in 1998 after it forecast the crash of 1998 to the day on July 20. He had forecast the the dow would hit 6000 by 1996 and 10,000 by 1998 in the early 1990's. He also forecast in 1996, that oil would hit minimum $65 and that inflation would heat up after late 2002 going into 2007 and possibly extending into 2012. Armstrong said no to the CIA and Chinese and a few months later ended up in prison where he has now been for 6.5 years on contempt of court."
This is a very long paper written by Martin in prison detailing all his theories:
http://www.kwaves.com/ItsJustTimeMartinArmstrong.pdf
More concise version here:
http://www.contrahour.com/contrahour..._armstron.html
Its based on various numerical cycles, PI, fibonacci and all sorts of other stuff. Very interesting read.
A quote
He has a theory based on financial cycles and has successfully predicted past stock market crashes and booms.
According to Martin's models, a deeper crash than the one we have just had is due in March this year and will bottom out in June 2011.
Quote from website:
"The model was first published a couple of decades ago but was used to forecast the 1980-81 peak in inflation in the late 1970's. It is known as the Princeton Economic's 'Economic Confidence Model' and was a part of Armstrong's 32,000 variable artificial intelligence super-computer model, which Armstrong said had "perhaps the largest economic database in the world, some of which he got from the london museum, including record from ancient Babylon, so I believe him when he says that he backtested the cycles into the ancient world. The CIA and Chinese government tried to aquire the model in 1998 after it forecast the crash of 1998 to the day on July 20. He had forecast the the dow would hit 6000 by 1996 and 10,000 by 1998 in the early 1990's. He also forecast in 1996, that oil would hit minimum $65 and that inflation would heat up after late 2002 going into 2007 and possibly extending into 2012. Armstrong said no to the CIA and Chinese and a few months later ended up in prison where he has now been for 6.5 years on contempt of court."
This is a very long paper written by Martin in prison detailing all his theories:
http://www.kwaves.com/ItsJustTimeMartinArmstrong.pdf
More concise version here:
http://www.contrahour.com/contrahour..._armstron.html
Its based on various numerical cycles, PI, fibonacci and all sorts of other stuff. Very interesting read.
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