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News Link • Economic Theory

The Ultimate Market Forecaster: Martin Armstrong

• ZeroHedge

Martin Armstrong is a controversial market analyst who correctly predicted the 1987 crash, the top of the Japanese market, and many other market events … more or less to the day. Many market timers think that Armstrong is one of the very best. Armstrong credits a computer program he created (which he calls "Socrates") for the accuracy of his forecasting. Armstrong's background is even more dramatic because he was jailed for 11 years on trumped-up allegations of contempt, fraud and an alleged Ponzi scheme. Armstrong was ultimately released without any charges, and - as the documentary The Forecaster explains - the 11-year imprisonment was a way to try to pressure him to hand over his forecasting program.

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