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Strategies & Market Trends : MARKET INDEX TECHNICAL ANALYSIS - MITA -- Ignore unavailable to you. Want to Upgrade?

To: Lizzie Tudor who wrote (15654)	12/30/2002 11:52:16 PM
From: bobby beara	Read Replies (1) \| Respond to of 19219

his take on insider buying is incorrect<< insider.thomsonfn.com insiders sold the crap out of the november rally, and during this huge bear market insider buying has never come close to the levels of the 98 lows. the point of that michael burke interview is to contrast the sentiment backdrop between now and what happened prior to the bubble blow-off bull market, market mavens were bearish for almost the whole year of 94, prior to the launch, now market mavens get bearish for a few weeks prior to 2-6 month bear market rally, then they all turn bullish again. V shaped recoveries were notions of the bull market and they are stil in the consciousness of the buying public, there will most likely be a long U shaped bottom when everybody gives up and trading volume shrinks and nobody cares about the market anymore, shorts or longs.