Cobra's Market View

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

For what it's worth the Mon. after hours P Bar of 243.64 has been reached. Now lets see what happens.

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...

Liquidity still hanging in there but is tending down.

Up date on liquidity. Starting to drop but not enough yet.

Chart shows trouble could be ahead. Bears could be rising.

On the Dorsey Wright P & F charts the NYSE turned to 0's yesterday, Some Bears are starting to wake up. Lets see.

Al_Dente wrote:The Entire Senior Management Team At The State Department Just Resigned
http://www.zerohedge.com/news/2017-01-2 ... t-resigned

multiple-source confirmation needed

Sounds good

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.

The liquidity is high. It must start dropping for any meaningful pull back. Lets see if it pulls back.

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.

The mkt is slow in turning dn but it is turning. Lets see how far it will go. The liquidity is still running high.

It looks like the mkt could be turning dn for a bit. Lets see

Liquidity fell a hair yesterday but let see what happens.

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 ...

Over the possible slow Thanksgiving week, the retail sector may be a good bet. A swing trade in JWN might be good. Lets see.

Liquidity took a good bounce.

Getting close for a mkt turn

Spy PB 216.09 and 217.74 hit, I only have dn. PB's now unfilled. Wait and see.