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Strategies & Market Trends : John Pitera's Market Laboratory
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To: John Pitera who wrote (3963)6/1/2001 5:48:30 PM
From: OX  Read Replies (1) of 33421
 
what the article doesn't clearly point out (or I may have missed it) is that insiders (execs and directors in particular) can only sell at restricted times. True there has been more selling than buying, but usually discriminate selling is not a good sign of anything (as opposed to "indiscriminate" selling :-).

I guess my point is that if execs like J.Chambers at CSCO can't tell about an impending slowdown to his business, why would he know anymore about when to sell his options? He probably sells when his tax accountant tells him to, and as a need to continually diversify his holdings.
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