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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: Crimson Ghost who wrote (113255)7/18/2001 2:36:46 PM
From: pater tenebrarum  Read Replies (1) of 436258
 
well, so far, every rally is used by corporate insiders to dump stock in droves. remarkably, the selling is even more pronounced in NYSE listed stocks than in NAZ stocks, suggesting that the NYSE will eventually catch up to the NAZ bear market. last i heard was $34 in insider selling for every dollar in buying...one of the most extreme readings ever. contrasting nicely with the perennially bullish WS strategist crowd which collectively recommends the highest equity allocation in history.
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