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.
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