Cobra's Market View

BullBear52x wrote:I am selling. lets go Bears!

Amen brother

support.

I shoulda sold my XME when I was thinking about it. Too late now.

hmmm I will you in the lodge for a toddy at 1205 on me

financial and emerging market are the weakest link.

TSHTF

A Chinese project to make a copy of Manhattan, complete with Rockefeller and Lincoln centers is not going well. The replica city is about an hour from Beijing and may need a bailout.

Elsewhere, real estate prices have fallen like a rock in Shanghai, and China's banks may be understating their exposure to local borrowing gone haywire.

http://globaleconomicanalysis.blogspot. ... -home.html

OK. if NAHB is good. why is market faling?

quientuves wrote:OK. if NAHB is good. why is market faling?

It wasn't that good. Actual = 21, expected = 20, expected range = 19 to 22
http://mam.econoday.com/byshoweventfull ... &lid=0#top

A "beraish" roadmap...

yeas, but it's the third month up... Well, i guess there are other "factors" to be taken on mind... ;b

Seawaves wrote:A "beraish" roadmap...

very nice my friend. very similar to what I am looking at right now.

ohoh C going downhill and lost there skis

Cobra wrote:support.

Hi, just registered at the main site and could not find the test page. Would you mind pointing me to it?

quientuves wrote:OK. if NAHB is good. why is market faling?

because daily momentum looks bad.

TF is currently at resistance similar to the ES chart someone uploaded

Update for timelines, but I'm not playing intraday, waiting for the close to go (presumably) short.

99er wrote:TSHTF

A Chinese project to make a copy of Manhattan, complete with Rockefeller and Lincoln centers is not going well. The replica city is about an hour from Beijing and may need a bailout.

Elsewhere, real estate prices have fallen like a rock in Shanghai, and China's banks may be understating their exposure to local borrowing gone haywire.

http://globaleconomicanalysis.blogspot. ... -home.html

Normally China leads the rest of the world, but now there is a huge divergence between the SSEC and the SPX

When one looks at the gigantic mis-allocation of capital in China, which is financed by shaky leveraged bonds, one understands why the short sellers are entering the market and fear a bubble like "Dubai x 1000"

Small caps are strong today..bulls really defending a gap fill today. Must really mean something if we fill the gap this time.

For those following the EU machinations -

Signs of an underground run on Europe's banks.

http://moneymorning.com/2011/12/16/shou ... -bank-run/

For those who hold physical PM's -

Trustee to Seize and Liquidate Even the Stored Customer Gold and Silver Bullion From MF Global

http://jessescrossroadscafe.blogspot.co ... tomer.html

For those who think their securities positions are protected -

MF Global customers denied 1st position on claims.

http://www.zerohedge.com/contributed/wh ... rown-under
-bus-day-1?utm_source=feedburner&utm_medium=feed&utm_campaign=Feed%3A+zerohedge%
2Ffeed+%28zero+hedge+-+on+a+long+enough+timeline%
2C+the+survival+rate+for+everyone+drops+to+zero%29

If /ES can not make a turn here, bears are in a good start. TNX < 18.35 bears can go to the bank. not now these are something to look for.