Cobra's Market View

look at the BDI baltic dry index that cobra shows on page 4 of his stockcharts and then you can see there is no underlying reason for the bull market since march 2009 other than the printing of money and the actions of the plunge protection team so this has all been a house of cards and no house of ...

do they really need to release the oil from the iEA and the fed strat reserves? just the announcement seems to be good enough to achieve the objective of lower prices

btw, thanks cobra and to all you regular contributors for making this board great