Cobra's Market View

Exactly. If you don't like the game, don't play. You only get paid for being on the right side of the trade. The market doesn't care what you think.

Could anyone tell me why when European stocks is trending down, the US stocks pared the losses today? Olli Rehn's talk is given in European trading hours, right? Why EU markets didn't pick this good news and sour up back then? Does "every dip was bought in US market" really mean a much hi...

Question: Has central bank intervention increased volatility in the markets? Barring exogenous shocks, should we be looking for a LT bottom in volatility given the recent commencement of LTRO? Honest questions. http://stockcharts.com/h-sc/ui?s=$VIX&p=M&st=2007-01-01&en=(today)&id=p54...

Just FYI, Japanese Pension Fund entered market yesterday and did a crazy shopping in Nikkei. I highly suspect they have some insider information either from the EU side or from the USA side, so that they act pre-ante. At last, US will only leak insider information to its aliens. This may be the tru...