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/biz/ - Business & Finance


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10392381 No.10392381 [Reply] [Original]

thoughts on this guy? know he was locked up for fraud. anyone had any experience with his socrates program?

>> No.10392397

is his economic confidence model legit?

>> No.10392434

>>10392381

I've been following him since late 2011, he's legit.
Socrates predicted the 20k top and the current bottom.
On a side note he was calling the Crimea takeover since day one even before news covered it.

>> No.10392459

>>10392381
>>>/his/

>> No.10392525

>>10392397
>>10392381

Also if read his case and not the wikipedia entry you realize that he got locked without a trial for 11 years because he ruined GS' play on japanese investors and not for fraud.
Also all the records regarding his case were suspiciously moved to the WTC on 9/11

>> No.10392545

>>10392434
Interesting, I know he has been calling for a major shift from public to private debt markets as people lose faith in governments worldwide. Though USA is seen as the best of the bunch, and could take a long time before it effects our finances...

He has also been right about stocks so far.

>> No.10392581

>>10392381
cool, thanks for the input guys! i was wondering if anyone could play devils advocate, dont wanna get stung as im not really a quant guy and i often tend to buy into things really easily when it comes to finance/economics

>> No.10392620

>>10392459
question is mainly about whether his forecasting models are legit, not primarily to discuss his historical analysis. that seems to me to fit into the remit of /biz/

>> No.10392769

>>10392581

There's not much to say against someone who's been spot on constantly really.

>> No.10393079

>>10392381
He was locked up because the judge on his case was an ex goldman sachs employee and he refused to hand over his programming and some other shit like ancient coins and historical artifacts

I've been following him for years and he is legit, called Brexit, called Trump winning, back in February his models called the massive volatility and correction

I'm a subscriber to socrates but it's not that good for trading right now because he only released the basic version for long term, he plans on releasing the trader version soon with all the arrays and shit investors

Right now for bitcoin his model says we are still bearish on the weekly levels, it elected a sell signal, and no buys signals have been elected so far, which makes me think we are in a bull trap and there are lower lows coming. The weekly bullish reversal is 7754, which is basically what stopped the rally today, interesting. It needs to close above that by the end of the week to keep going up

Take what I say with a grain of salt I am by no means competent using his model

>> No.10393109

>>10393079
https://bitcointalk.org/index.php?topic=1082909.4380

This is a good thread about his work, at the beginning it's just people calling him a scam artist but eventually there is real discussion