Cobra's Market View

More QE announced by central banks around the world as if they weren't already doing it.

just when you thought it was safe to enter the water...still doesn't work for my short setup , but Cobras bigger picture is a beautiful thing.

My potential short setup obviously did not come to fruition. I suppose Cobra would say that a higher high...not necessarily close is all but guaranteed.

One more post...trying to earn my stripes. I hope we don't see a heavy reversal today, because it will setup my gap and go scenario (down that is). Looking a little closer we just need to close below 118.34 on SPY. I suppose Cobra's scenrio could also play out (of course it could....Cobra is a genio...

My first post. First off must admit I am a huge Cobra fan. You are the best, funny, even tempered, and probably extremely good looking with women dying to touch you. My take on the market for what it is worth. Early Sept 8% drop followed by a 70% retracement. Next we had a 6.0% drop for which a retr...