[landmass]

After adjustment of the system, I did a couple of burnouts and the car tracked remarkably well, and I am satisfied. However, the pinion angle is off now, the differential actually goes slightly nose up under load. I've already called a mechanic friend and will be seeing him tomorrow at 3pm for him to adjust the pinion angle. It looks like poor alignment of the rear end was at fault. Thank all you guys for the advice. I sure learned a lot about my Cobra(and this web site) from this experience.