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


To: Lizzie Tudor who wrote (15656)12/31/2002 12:39:05 AM
From: bobby beara  Respond to of 19219
 
because this kindof sucks!<<<

ya we are in agreement on that -g-



To: Lizzie Tudor who wrote (15656)12/31/2002 12:44:35 AM
From: eddieww  Read Replies (1) | Respond to of 19219
 
"there has been more insider buying in tech than in the last 10 years."

Have you got any references to back up this claim?



To: Lizzie Tudor who wrote (15656)1/1/2003 11:19:42 PM
From: bobby beara  Read Replies (1) | Respond to of 19219
 
Tech insiders have been buying for 2 years now and most have lost their shirts<<<

well even after this bear market almost no tech issues are investment grade or pay dividends, but they do make for some rip-roaring fun for short-covering rallies, if you know when to fold 'em -g-



To: Lizzie Tudor who wrote (15656)1/2/2003 2:59:12 AM
From: eddieww  Read Replies (1) | Respond to of 19219
 
quote.bloomberg.com

01/01 00:13
U.S. Executive, Director Share Purchases Fall to Six-Year Low
By Steve Matthews

New York, Jan. 1 (Bloomberg) -- U.S. executives and directors last year bought the smallest amount of shares in their companies since 1996 as stocks tumbled to five-year lows.

Purchases by insiders fell 2.1 percent to $2.64 billion, the third year of declines, said Washington Service, a research firm. The slowdown in buying after last year's 23 percent drop in the Standard & Poor's 500 Index suggests stocks could fall further, some investors said.

(snip)

The decline in purchases reverses an 8.3 percent increase in the first half, according to Washington Service.

Sales by insiders accelerated in September. In the past eight weeks, sellers exceeded buyers by a 2.3-to-1 margin, according to the Argus Vickers Weekly Insider Report. The number of sales typically exceeds purchases 2-to-1.

``Abruptly, in September, insiders increased their rate of selling to a dramatic level,'' said David Coleman, editor of the publication. ``The market remains vulnerable.''

(snip)

There have been few big buyers among the Nasdaq issues that have plunged since 2000.

Total Annual Values of Insider Purchases and Sales in 2002


Purchases Percent Sales Percent
Year (in mlns) Change (in mlns) Change

2002 $2,641.8 -2% $31,883.6 -32%
2001 $2,698.8 -49 $46,608.0 -42
2000 $5,280.5 -3 $80,149.7 61
1999 $5,466.5 27 $49,914.7 24

1998 $4,320.7 54 $40,153.9 26
1997 $2,803.3 14 $31,815.3 21
1996 $2,456.3 36 $26,314.2 57
1995 $1,812.6 -10 $16,764.8 33

1994 $2,008.9 -4 $12,598.2 -18
1993 $2,086.3 58 $15,401.2 27
1992 $1,316.6 57 $12,174.6 24
1991 $836.5 -27 $9,805.1 167

1990 $1,143.6 62 $3,667.3 -4
1989 $705.0 -26 $3,828.6 22
1988 $951.1 -43 $3,130.1 -48
1987 $1,671.8 -19 $6,059.0 -44

Source: Washington Service. Figures are as of Dec. 31.