MARKET INDEX TECHNICAL ANALYSIS - MITA Message Board

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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA

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To: J.T. who wrote (15101)	11/22/2002 10:57:13 AM
From: Steve Lee	Read Replies (1) of 19219

"NYSE member accumulation is a behemoth. And the insiders haven't even begun the acceleration of stock buybacks to add more tinder to the fire..." how is that view any more valid than this theoretical view: Insider selling is a behemoth. And the NYSE members haven't even begun the acceleration of distribution to pull the carpet out Both conclusions are taken from the same two data points. How can one be assigned more validity than the other? Also, for NYSE member buying, how do you distinguish between the stock that members are accumulating, and the stock they are accumulating for their clients?

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