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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: nsumir81 who wrote (12295)	5/14/2002 4:08:39 PM
From: David Howe	Read Replies (2) of 19219

<< why are insiders selling in droves? Even today? >> Insiders are people too. They are capitulating just like much of the rest of the investment world. Knowing what the future holds is difficult. These people have money now and are selling in order to make sure that they have money in the future. It's human nature. Technology (chips, software, etc.) has a HUGE role to play in our future. You think there are a lot of chips sold now, just wait and see how many chips are sold in 10 years. The potential is mind boggling, and the potential is highly likely to be realized. Ditto for software and much of the rest of the IT industry. That said, I'm fairly bearish on the next year or two in the market. That has more to do with investor (bear market) psychology than it has to do with the worth or future worth of some of these companies. IMO, Dave

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