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


To: eddieww who wrote (15658)12/31/2002 12:58:12 AM
From: Lizzie Tudor  Read Replies (1) | Respond to of 19219
 
yeah

remember though, I told bobby that most insiders have lost their shirts, I work in technology and I never, never thought we would see these levels and this complacency in tech stocks... I'm sure these insiders think just like me so I don't think this is the "buy signal" it is made out to be.

“At no time in our history of monitoring insider activity for 32 years have we seen a more bullish attitude projected from insiders in the technology sector,” says Michael Painchaud, who tracks insiders for money managers at his Seattle firm, Market Profile Theorems.
moneycentral.msn.com

To their list I will add David Ritchie, CEO of amcc who bought 10mm of amcc last year (and is holding at a large loss) and lsi logic CEO who keeps buying in 100K lots.

One company mentioned with insider activity from this article, STEL, imo is a BK candidate or won't survive fwiw.
Lizzie