Hi All.....I just had a birthday and turned 94. I still trade but on a reduced scale and not everyday. I enjoy reading all your posts and Cobras. I think Cobra is one of the best and will continue to enjoy his web site. Here is to another year. Kena
I can't believe Cobra said "bulls were in control" with the VIX at 10. They'll never be in control with those parameters. Those of us on the bear side are cleaning up. NOT WISE. At 11 am ET bulls were in control At noon-ish they lost control It’s all intraday and it moves very quickly. Co...
Urban Camel tweeted this morning a big history chart. Bollinger shows we should be hitting a pull back. I would point out that outside of the Swiss National Bank (largest holder of Facebook) ECB and buybacks seem to be the main source of cash. Buybacks about to be shut off for earnings and ECB is a...
The mkt reversed back up but now the small red and blue lines are again about to cross. If they do, then if liquidity starts dropping we could see a nice drop in the mkt. But for the bears lets see.
Mkt still heading dn. The BPNDX just turned to bear confirmed. The rest of the mkt may follow. I don't think Dec will be good for the bulls. It looks like the Bear is waking up. Lets see.
DRYS halted. Unknown if it will ever trade again. I would not bet on that.Been trading this for years.Most always a good bet. Enjoyed this last pop.Sold yesterday. The Greek owner buys and sells his fleet to one of his other Co's to suit mkt conditions. Getting time to short. Lots of time its hard ...