Cobra's Market View

BullBear52x wrote:

Al_Dente wrote:

BullBear52x wrote:

Al_Dente wrote:

uempel wrote:

Dr Al. When are you going to follow me on my No visitor blog, there's cool stuff there once in awhile

Mr. BachNut wrote:Per my ARMs sell warning setup, I should close short on an up close. Unless things start to move, today is basically unchanged. Based on very limited precedents, there is the possibility of range trade or mild megaphone action over the next day or two with unchanged. So, I'll probably carry overnight with a tight stop or close it in the aftermarket for modest profit. They say never short a dull market. Well, today was pretty dull.

jimme wrote:Thanks All for your stuff. I plan to add to my short position in the PUMP in the AM. GLTA jimme

Al_Dente wrote:

uempel wrote:

SWalsh wrote:
...

Madoff was the 2008 fall guy when people, IMO, like The Lloyd and Jamie Dimon should be in the adjourning cells in the same prison.
...

I don't think the markets will be tradeable in 5 years, if not shorter, due to taxes, regulations, and lack of participants. In researching a novel I came across the above link. It all keeps coming back to a complete lack of moral standards just as planned. So the crime will continue. Yes, there has always been crime. But nanosecond crime is the greatest we have seen with a compliant SEC that is instructed to do nothing to the key players as oligarchs are protected. If anyone hasn't read "The Quiet Coup" by former IMF president Simon Johnson I urge you to read the 10 pages available at The Atlantic online. A manipulated higher stock market does not an economy make. But it can lay the groundwork for an economic collapse that cannot be contained. When? I wish I knew, and I wish he were wrong. History speaks that he will not be.

trader_jay wrote:

SWalsh wrote:
...

Madoff was the 2008 fall guy when people, IMO, like The Lloyd and Jamie Dimon should be in the adjourning cells in the same prison.
...

I don't think the markets will be tradeable in 5 years, if not shorter, due to taxes, regulations, and lack of participants. In researching a novel I came across the above link. It all keeps coming back to a complete lack of moral standards just as planned. So the crime will continue. Yes, there has always been crime. But nanosecond crime is the greatest we have seen with a compliant SEC that is instructed to do nothing to the key players as oligarchs are protected. If anyone hasn't read "The Quiet Coup" by former IMF president Simon Johnson I urge you to read the 10 pages available at The Atlantic online. A manipulated higher stock market does not an economy make. But it can lay the groundwork for an economic collapse that cannot be contained. When? I wish I knew, and I wish he were wrong. History speaks that he will not be.

Bravo! Even though the prediction is a bit too scary.