Fascinating New Yorker piece on Martin Armstrong, a technical analysts/cycle forecaster I have been reading about for some time — his is a long sordid tale, but the bottom line is he is in jail.
Its his cycle work that is so fascinating. Nick Paumgarten looks at his attempts to predict the financial markets using numerical patterns — especially Pi — and profiles the strategy Armstrong has used to predict major peaks and crashes of the past thirty years.
This months New Yorker is a must read/own; Have a look at the full Cycle piece here.
Please use the comments to demonstrate your own ignorance, unfamiliarity with empirical data and lack of respect for scientific knowledge. Be sure to create straw men and argue against things I have neither said nor implied. If you could repeat previously discredited memes or steer the conversation into irrelevant, off topic discussions, it would be appreciated. Lastly, kindly forgo all civility in your discourse . . . you are, after all, anonymous.