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Strategies & Market Trends : MOON TRADER

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To: cycleupcycledown who wrote (707)2/24/2011 4:57:15 AM
From: cycleupcycledown  Read Replies (1) of 808
 
hot tip.....got bank bear ( FAZ)?......"Third, financial insiders are massively selling the stocks of their companies. Alan Newman of Crosscurrents shows that 68 sellers were matched by just four buyers. And the ratio of shares sold to shares bought was 855.

So why are the insiders of Goldman Sachs, Wells Fargo, JPMorgan, Morgan Stanley, American Express, Citigroup, and US Bancorp selling like mad? They apparently have some doubts in the health of the current rally — at least insofar their own money is concerned"
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