Cobra's Market View

I am really tempted to swap my short SPY for a long VIX but feel that the newsflow will be strong Black Friday sales which pops the market on Monday.

This market is looking for any reason to swing a rally and we are oversold.

I stuffed myself good yesterday. Market is down again today.
Hmmm...time to play the bounce.

the fact everyone here expect a bounce soon is disturbing. don't discount the potential for a crash. liquidity is vanishing fast in europe.