The Guns of August
As many here know Plunger is Rambus Chartology’s resident Market Historian
He has been making some incredible calls lately and now he has gone out…way out…on a limb
Using his unique blend of market History and his Rambus taught Chartology Skills he has posted a weekend report for members at Rambus.
However he feels this should see the broader audience afforded by Talk Markets.
Talk markets is an excellent new Financial Website. I encourage all to join for free and avail yourselves of this great resource.
They Love Plunger and eagerly publish everything he sends them . So here it is…buckle up ( tight)
Excellent article Plunger. SCO appears to have completed an expected BEAR flag–short WTIC again EOD. NG is falling and still short. Shorted the RUT this am, expecting further downside. Still waiting for the second gap fill reaction on NUGT…not so excited with the miner trade, too choppy…
I did the same. Shorted some IWM mid day. I will post the SPX update above.
That was great Plunger. You tell a great story.
Very thought provoking. Thank you.
Will take some time for the “buy the dip” crowd to throw in the towel…