Cobra's Market View

BTW, why do we need loan at all? Just to keep the banks alive?

Hi Cobra, is there a "members only" area on your website at the moment?

this is bad, confirming a trend reversal which I'll explain in tonight's report. right now all you need know is the target, not for today of course and I don't believe the statistics for this target, so just know it's theoretical target. Cobra, congratulation for this 121 target! Very reasonable. I...

Petsamo wrote:Lots of buying going on

Exactly the same amount as selling. Did you mean institutional buying?

Yes. good usually means bullish, bad means bearish. because most people by nature are bullish. :) Because people probaly look back to the past 90 years and they belive that the past trend will continue forever. They do not know natures basic law. What goes up will go down. Cobra, I made the payment...

Hi Cobra, I could not login to the daily report site. It seems like a new registration is necessary. I would also like to ask a question about the payment: If I agreed to pay $10/month for three years, it does not mean that I commit to pay until the three years end, does it? In other words, if I do ...

Cobra wrote:OK, detailed list of all you guys active now. There're 2 active in Portugal.

Cobra, can you see my location too?

I think the market expected better NFP.

NFP data is not good.

No Thanksgiving rally, German bonds are cosidered as junk. Anything can happen next week. Do you understand?Anything. Until the common eurobond is created this chaos is going on. If it is created, then we may rally, but recession is still on the horizon.

Big last minute selling, again.

quientuves wrote:ES consolidating, bad for bulls.


...i guess....

One question: freestockcharts doesn't have ES? i can't find it. Only cash.

http://www.dailyfx.com/charts/netdaniac ... ol=EUR/USD

I use this free site. It has ES. You have to select the instrument from the menu.

Cobra's scenario is unfolding. Gap down on Friday and then up.

GM! Great post this morning, Cobra! Pattern rules! I also agree that the down turn is calm and well controlled and that is why I am constructing a “shorting short term” but hedged position for the Qs. I am trying to keep seasonality in mind but this does not seem to guide the present.. "Calm s...

Failed German bond auction.
The market does not even want German bonds.

I see bearish reversal in oil. I fact, spx is at almost the monthly low.

Cobra wrote:OK, the low got tested, now we have 3 push down plus volume surge, let's see how rebound goes, then we'd know if the low was in.

I think the low will be in at around 1000, as you predicted months ago.

soku wrote:cobra, u haven't talked about santa rally which could start during thanksgiving. any thoughts on that? will it happen this year?

There is always a Santa Claus rally, the only question is if it starts at 1100, 1000, or 900.

Who knows anything about the Spanish bond auction? Spain sold €3.56 billion euros of a new ten-year benchmark bond, well below the €4 billion targeted. The average yield on the bond was 6.975 percent, the highest paid since 1997, and almost 2% higher compared to the 5.433% paid on October 20. http:...

uempel wrote:

gabor wrote:Who knows anything about the Spanish bond auction?

Went well, but interest rates were very high, something like 6.5 ish (don't remember exactly, didn't write it down)

Is it true that the overbooking was only 1.5x with the help of ECB?