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Strategies & Market Trends : Stock Attack II - A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?


To: Jerry Olson who wrote (32699)3/21/2002 8:36:13 AM
From: Secret_Agent_Man  Respond to of 52237
 
MOVING AVERAGE OF INITIAL CLAIMS UP TO 379,000
MOVING AVERAGE CONTINUING JOBLESS CLAIMS RISE TO 3.442M
INITIAL JOBLESS CLAIMS DOWN 12,000 TO 371,000
FEB. CPI UP 0.2%, CORE CPI UP 0.3%



To: Jerry Olson who wrote (32699)3/21/2002 11:39:40 AM
From: Terry Whitman  Respond to of 52237
 
Overbought is a relative term, is it not? My plan is to buy the dips, and take occasional profits on the way up. Very overbought sectors are prime candidates for taking profits. Thanks for the list.

As for insiders- they are buying more than they have in the past 5 years. I know alot of people wish they would have paid attention to the fact they were heavy sellers in 99 and 00. Funny, that outside of a few threads on SI - you hardly ever heard about all the insider selling- and it was dismissed as irrelevant by the bubble believers.

Same thing is happening in reverse now. That's the first I've seen of anyone pointing out net insider buying.. It's seldom talked about, and dismissed by those that see it. Both very bullish signs, IMO.

TW