Cobra's Market View

lots of cash our there, now the question is sustainability?

I rent the Big short and rewatch it again this weekend, I think the Fed learnt the big lesson from that, so they are not going to let that happen again, now that the Fed is all in. the buck stop with them now. one thing i know for sure Tax payers will take care of it once it is all said and done like usual. enjoy the ride.

Michael Burry, the investor made famous by “The Big Short” has been talking bear for a while
Finally, he put his portfolio where his mouth is (he is founder and manager of Scion Asset Management … with $639 million AUM)
(you can slide over to the 3:39 marker)
Bear
https://www.youtube.com/watch?v=iocaLXuhA8o

I think the pullback probably will be bought. Let's see.

This Monday is different isn't it? have we witness something big about to come?

Well, guess that's it for today. Here's what Tuesday tomorrow looks like: https://stockcharts.com/public/1684859/ ... /533449374

Thank you guys, I'll see you in another thread soon.

Before the close, please take a little time to vote for me, thanks: https://stockcharts.com/public/1684859/ ... /533449374

Well, this is a bearish reversal that bears were looking for. two reversal day with new daily LL. be careful out there.