I think you mean trailing throttle over steer. Here's one link that might be helpful, I'm sure there are an endless number of links that deal with the subject.
http://www.turnfast.com/
It is absolutely something every Cobra owner should understand. It is a common error with new owners, and as this thread points out, can STILL bite even a very experienced driver.
I use it often, on purpose just to keep it shape. I DON'T recommend anyone try it, I'm just saying, there are times when it can be fun, when it can be useful, when "it hits the fan" and your in it already! One time I enduced it specifically because I lost my brakes on the race track. It was either "get it sideways" in an attempt to slow the car and make the corner,,, or crash. Other times, it just comes when you least expect it and it's good to have a clue what to do!
Fairly common street example for new Cobra owners:
Intersection, shifting into 2nd gear as you make the corner, moderate to spirited throttle, OFTEN results in an instant spin, bent wheels and damaged ego.
The most fundamental method "Drifters" use to "get-r-sideways". I used to Drift my Cobra in Hawaii, it was really BIG there at the time and before it became widely known on the mainland. For those who poo-poo the idea of Drifting, if you haven't done it, you might want to try it. It's an excellent skill to have in your tool bag of driving techniques. It saved my butt when I lost the brakes, I KNEW what I had to do!