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Strategies & Market Trends : Effective Trading In Our Markets. Learn, then Earn

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To: Jerry Olson who wrote (1480)	8/27/2002 12:48:31 PM
From: jtech	Read Replies (1) of 1854

What do you think of this for a wed.close low(temporary). Its been a pretty good month and if any insiders are planning on selling it would be an advantage to have the 40 day period.That ends Wednesday WASHINGTON (Dow Jones)--The Securities and Exchange Commission voted Tuesday to approve new rules requiring corporate insiders and large shareholders to report trading in company stock quickly, usually within two business days. Speedier disclosure by insiders was mandated by Congress under a sweeping corporate reform bill adopted in July. Currently, insiders have up to 40 days to report trades in company stock executed on public markets and more than a year to report trades with the company itself. The new rules, which take effect Aug. 29, require most insiders and those owning 10% or more of a company's stock to report any purchase or sale of company stock within two business days

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