Comments on Socrates Forecast Arrays

Below are some comments made by Socrates subscribers who tried to trade the signals of the Forecast Arrays.

"Dow Future", Oct 28 2020 member NTC68 (translated from Italian)

Socrates fails to correlate his own analytical tools? IMO therefore the system of reversals is inconsistent or rather unreliable and should not be taken into consideration for trade

arrays without inversions are useless, you have 50 and 50 chances that a change of direction or a panic cycle will lead in the desired direction

the stochastic is a lagging oscillator

energy could be a useful indicator but it is not clear how to interpret it the analyzes written by Socrates

Socrates say everything and the opposite of everything I really wish someone would prove me wrong. Thank you

In the Reddit user group "Armstrong Economics Fan Forum" (which is controlled by Martin Armstrong),
user jz888888  commented

on 2020-05-27 on the subject I am cancelling my Pro Blog subscription after 2 years as follows: Link to comment

I tried to use Socrates as trading signals, with specific emphasis on daily and weekly arrays in search of turning points. Long story short, the turning points on daily arrays do not correlate at all to the market. Over three months in four different premium subscription markets, it pretty much never made the right call. I thought then maybe the weekly arrays would be more useful - not a chance. Specifically, he called the high in dow week of April 13, and when the high was exceeded he said oh, its going to delay to May 11/18. Guess what, three strikes in a row! You are better off rolling the dice. I learned an expensive lesson and hope others will not make the same mistake!

and commented on 2020-05-28 on the subject (deleted by the shill censor of the group, archived) It looks like Armstrong reads this Reddit judging from his latest blog post as follows: Link to comment

I believe he genuinely tried to call the bottom and warned his subscribers about what he believed to be an impending "double bottom". But the saying goes, you can get "price" or "time" right, but very hard to get both. He has obviously got it dead wrong on the bounce as far as time is concerned and bottom as far as price is concerned. However, he would not ever, ever admit he is wrong. Instead, he uses his favorite shenanigans, "Cycle Inversion" to justify how things seemingly did not happen according precisely to how Socrates predicted. By the time the Cycle Inversion as he now claims happen or not, so many of the past subscribers would have unsubscribed and he will have a new breed of sheep to slaughter on.

Trying to find trade setups May 23, 2020

My best advice is to not waste your time on the Arrays. Seriously.

I've followed 'Marty' for many years. He used to post the arrays on the public blog so I've seen them from pretty far back.

I had his Basic service for over a year, (dumped it a couple of years back) where the arrays were available all of the time.

I, and a friend of mine, spent a lot of time trying to figure out how the arrays worked and trying to apply them to the market. They. Just. Didn't. Work. Once for me, the array composite line, (top line), matched how gold was performing for the week. but then it stopped after that week and never worked again. The arrays are just not tradable.

I was also a member of a Slack group consisting mostly of ECM attendees and over time, other folks. There were a few who thought they figured them out, but sadly, in their descriptions of a particular array, it was so complicated to match each row to another row then to apply that to future stock events...........most of the time it still didn't work.

If you have a pdf on how to use the arrays from the help team then you are in a far better position then the majority of folks trying to figure the arrays out. If it is not protected by copyright, I'd like to see it as well. I doubt it will help though because even Marty says that one should only follow the numbers. You won't see that statement very often since he needs the other crap; arrays, Global Market Watch, etc., to draw in subscribers

Re: Martin Armstrong Discussion December 11, 2019, 04:53:09 AM

As a WEC attendee i witnessed that MA is unable to give any clue how to use his famous array that are supposedly predicting everything.

After a day of empty speech and common knowledge, repeating the same stuff anyone can read in his blog, time came to present his Array .... at this time MA went off stage !!!! to be replaced by another guy who for 20" pretended giving insight on how to read it.

Can you imagine that .... the creator of the "perfect" predicting tool hiding behind someone else to give a quick glimpse of is major achievement !!!

We talk for more than a year trying to read the array ... no one ... no one get into it !! those array are total BS

It is just the perfect tool to trick people and for him to show up afterward and tell you "right on time"

And if you dare question him, you will get insulted directly in his blog without any possibility to respond.

Martin Armstrong is a Master of lie !

See also:

Socrates Forecast Array Nonsense

Armstrong failed to predict crude oil PANIC