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Sorry, We Cannot Hold a Third WEC

QUESTION: Mr. Armstrong; Is there any way to expand the Princeton WEC? It is obvious that you are the real deal. I can see why they said you manipulate the world for nobody can believe what you and your computer have achieved. You said the May high should hold and a correction into August should […]

Answering Questions on Gold

QUESTION: Marty, it appears you are correct once again in gold that this rally would not reverse the trend. The gold promoters have been all over the place claiming gold has bottomed and the stock market and the world will go to zero because of fiat. Is there a number we should be watching below […]

Dow for the Close

The Rule of Reactions is always one to three. For a trend to develop, it must exceed the three unit of time limitation. So we need the market to move higher beyond today. At the time of this posting, the Dow is trading at 16628. We need a closing above 16460 to help stabilize the […]

False Move on the Yearly Level

QUESTION: Marty; This is what you explained at the last WEC. The risk of a false move on the yearly level. Correct? ANSWER: Yes, it is always fractal. A Yearly False Move is rare, and it becomes the biggest possible slingshot to the upside. The Dow made a Yearly FALSE MOVE on a number of occasions. For […]

Why This Week’s Low is So Important

The Dow fell as far as it could possibly go without reversing the trend on a long-term basis, even technically. The low this week has been 15370.33. This has flirted with our Third Monthly Bearish Reversal at 15550, but we also have a simple technical point of great importance — 15284 — which happens to […]

The Coming Phase Transition & the Dow

QUESTION: Mr. Armstrong, Thanks for all you do.  I do have one question in regards to the Phase Transition above 23000 into the 35000-40000 number you have spoke of.  If we experience a close below 15500 for the month of August and see a continued correction into October to  around the 12000-13000 number would the […]

Oil & The Commodity Risk

COMMENT: Mr Armstrong, I work in engineering and last year I was offered a position back in a major North Sea oil company. The reason I turned it down was due to your forecast that oil was going to slump. If that was the case, I thought I would duly be paid off not long […]

The Fraud in Global Warming Continues

It is pretty bad when a national government agency is continually caught fudging the temperature data while refusing to make corrections. They are clearly following orders to maintain that there is global warming to support taxes. They now need global warming to implement carbon taxes on businesses and cars. States are looking at additional road taxes because people are […]

The Fudge Factor – Close vs. Intraday

QUESTION:  My question  below  is  for  Mr.  Armstrong. Hi Mr.  Armstrong, Thank you in behalf of  all of the investors/ traders who  are  awaiting to join Socrates soon .  my question is  you said in  recent  blog today  ”  If we break and close August at least BELOW 15961, then this will open the door […]

Dow Today (August 26, 2015) & the Three-Day Bounce

The cycles and oscillators still suggest a three-day bounce into Thursday. We would need a daily closing back above 16461 to suggest that the low will hold at least temporarily. Then we should retest the support. This is where it will become critical going into Monday that we hold this week’s low. If we break and close August […]