QUESTION: Mr. Armstrong; You have indeed sparked my curiosity. With both the velocity of money and the trading volume declining since 1998, this seems to be a very dangerous position and your work is really eye opening. I read your Transactional Banking and it seems that this has changed everything for the worse. Your Big […]

The New Jersey State Assembly has begun the pursuit of a constitutional amendment to guarantee pension payments for government workers over all other types of state spending. This would naturally include all politicians, which is why they are introducing it. Because spending on education, health, crime, environment, welfare etc. is not guaranteed by the Constitution […]

Private blog update: Dow – Euro- Gold – Silver

In the Dow, we have technical support at 17573 and a Daily Bearish Reversal at 17568. At the time of this posting, the Dow is trading at 17633 and the low has been 17580. A closing beneath this level will warn we could see a decline into the week of the 16th. The primary Weekly […]

The Dow is now testing key technical support at the 17624 level and breaking this level warns that a correction becomes possible. We have two very important Weekly Bearish Reversals at 17434 and 17120 level. A weekly closing beneath the 17120 level will signal a sharp sell-off of about 1,000 points or down to the […]

An important update has been provided for today’s closings on the private blog in Socrates. Some people have inquired about the Trader service. We are moving into the final stages of testing and will continue to provide updates as they become available. Nevertheless, users who sign up for the Investor level will have the ability to […]

QUESTION: All three are moving together since mid-January. Does that mean all three are already aligned and a lift is now possible? Or do we go to retest the January lows first? ANSWER: This is the preparation for the coming Slingshot Move. Everything is pushing it to the limit. We are carrying the weight of the world around […]

Metals & Dow update has been posted to the private blog

This is perhaps the most bearish rally in history. The number of people yelling that the market will crash 80% to 90% is still amazing and the number of short positions remains at record highs, proving this rally is far from over. Now we approach a cluster of Weekly Bullish Reversals below the former major […]

The Dow Jones took out the Weekly Bullish but not the key one at 17846. This is why we are basing without immediate follow-through. Nonetheless, our primary technical targets for the year stand at 17345, 18791 and 18880. Holding the 17345 level warns that we are still move to the upside. A weekly closing above […]