The EOTWAWKI Sale
There’s something deeply satisfying about being short on a day when the buy and hold crowd is freaking out over the massive (their word, not mine) 5% drop in the S&P 500. And, that’s what pebblewriter.com is all about — catching most of the moves most of the time, regardless of which way it’s going.
It might be the end of the world as we know it; but, doesn’t it feel fine to greet each new trading day prepared for whatever the politicians, central bankers, algos or talking heads can throw at us?
Ordinarily I wait until the actual end of the month to start any kind of membership sale. But, we’ve had a pretty good month so far [CLICK HERE]; and, I have the feeling there are a lot of folks out there who are truly confused about what’s going on.
Be confused no more. Sign up for an Annual Membership at over half-off the first year or, even better, a Charter Annual Membership where your rate is guaranteed to never increase for the life of the site.
Today, we should see the rest of the move we anticipated last week — followed by an attempt to reverse course or, at least, stop the bleeding.
Note that EURGBP, having nailed our initial target on Friday, is almost to our secondary target. Our forecast from last Wednesday [see: The Eve of Destruction]:And, the action since:Likewise, SPX nailed our initial downside target on Friday, and should reach the next this morning.
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