Cobra's Market View

I have a spreadsheet that I ahve been working on for 5 very long years. Unfortunately for me, the Fed started its hyjinks about 8 months into the project with its first manipulation the biggest change in the discount window in 30 years (150bp in one go). It was Dec 2007 (I think) so after the double...

Good weekend everyone!

I posted my thoughts on why MBS late on Friday
viewtopic.php?f=2&t=671&start=260#p95066

Thank you everyone for the charts.

edit: Really the money should go all citizens - excluding those in jails, below $X annual income, ie including those who are unemployed so you would use a lower income cut-off and may only get $40,000 each? Perhaps those on welfare who are capable of working (not mentally challenged and ill or disab...

Question for the board. How does the Fed buying $40B/month of MBS help? Banks are able to sell mtgs to agency already and banks have plenty of capital to hold non-conforming loans in portfolio. I work for a bank, there is more money available than we can lend "responsibly". So how does th...

Not sure when we will see a top, anywhere between 18-21st, but there is a turn on the 19th next week....but there is the possibility we are down on Monday from the get go....I am seeing a big move down on Tuesday on my charts...don't know whether to trust it or not...it looks like a big gap down fo...

The market tops out only when everyone thinks it can't go down...over exuberance...we may be there....too many bulls means bullsh!#!! We are also getting near a possible trend change...and I will not discount the VIX...we are at the top of the market not the bottom...so VIX is a signal, we must not...

SHORT !!!!! :o IF NOT NOW, WHEN ?? :shock: NEVER AGAIN ?? :? :? I'm trying to remember but it seems that each time there is a stimulus announced it is good for several days to a week or so. If you're looking to short perhaps next Wed is the earliest. (Only fly I can see is the negative astro of the...

This is probably more appropriate for the weekend forum but thought I'd post anyway. The Bullish Gartley (green on chart) played out nicely end of July. We COULD be forming a Bearish Gartley/Bat harmonic pattern. See the range on the chart. Thanks. So if it holds with a top 55.76? then is there a m...

Hi Everyone!

I have been reading the thread for a couple of weeks.
It seems like a excellent group!

I would like to thank everyone for there great charts.
A special thank-you to Cobra for sharing his insights and all his hard work!!!

Good trading everyone,

Ian

(Thanks for the welcome Joe!)

Perhaps TG's 19 Sep? for a pullback? another new member! (thats what King likes to see) OR just a new name? Welcome to the BOARD! this is from the Astro pages (but vote for Cobra here http://stockcharts.com/public/1684859 small chance for a s/t top around this time (+- few days) GL, JOe astr0913.pn...

Perhaps TG's 19 Sep? for a pullback?