Cycles & Turning Points

QUESTION:

Hello Mr. Armstrong;

Rome was fantastic!. I find it very interesting that you hold the conference on the dates when the markets hit their peak and I come back and Monday we start the decline that you cautioned us that we could see at the conference. Was this planned:)?

Cycles are amazing and now i have to live and invest only based on the cycles.

Thank you again for Rome and bringing Nigel!!

BB

ANSWER: Yes, I do time the conferences around the cycles. That gives us something to talk about. They are simply points where the human emotions shift. This pull back is necessary for we are treading water (i.e. time) until the consolidation is complete in order to produce the next phase.

Just for the record for those who did not attend the Rome WEC, Nigel came because, as he put it, we are the “alternative to Davos.” He was not paid a fee. He had agreed to come and wanted to attend the conference and be at our famous networking cocktail party.

As things turned out, Nigel started his new BREXIT Party after he agreed to come to the WEC. I was concerned he would be too busy to attend with the change in plans. Nevertheless, he flew in for a few hours to make his appearance and then sadly had to leave because of a rally back in the UK the next morning.