Cobra's Market View

Cobra - Do you believe there needs to be OML to fulfill the structure?

Oil- Several things happening now from various media posts. 1. US producers are at record sales in the futures market (COT report) but who knows if Harold Hamm and Da Boyz see a top or their bankers are demanding it. 2. Rig count has slowed down. I say really? Don't we all want to work on a drill r...

2011, back in the good ol' days

Al_Dente wrote:

Al_Dente wrote:they will start voting on tax bill very soon

IT JUST PASSED

Still needs to pass senate

Cobra - When you show lower low ahead, would that be lower than ES 2555?

Is there no thread for the 27th?

Cobra wrote:now maybe it's safe to say this bear shall have legs.

What is your target?

Cobra wrote:100% mm down?

What do you mean by mm?

Great Time to Buy Sarcasm off- In the short term the market is an auction. Central Banks have been doing everything they can to make sure there are plenty of bidders. You cannot defeat them in head to head confrontations. Over the longer term the market is a value weighting mechanism. But Michael L...

Not sure this will hold, not a big bang reaction to the upside like you'd expect that news to provide