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Pastimes : Clown-Free Zone... sorry, no clowns allowed
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To: MythMan who wrote (393736)9/3/2009 11:44:51 AM
From: Giordano Bruno  Read Replies (1) of 436258
 
TrimTabs TrimTabs earlier disclosed that the ratio of insider selling to buying had averaged about 31x for August, with $6.3 billion of insider sales matched by only $210 million on insider buys. Insiders apparently decided to exit August with a bang, with the last week of insider transactions doubling the sell-to-buy ratio to 61.8x! Over half a billion in stock was sold, while a whopping $8 million was purchased.

If there is any doubt as to which way insiders were leaning during this "market rally," this data should seal that particular coffin.
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