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To: Perspective who wrote (73601)5/13/2003 11:15:40 AM
From: John Madarasz  Read Replies (2) | Respond to of 209892
 
Here's the follow up to that older news fwiw...

LTT Summary -- May 12, 2003 -- trimtabs.com
Bottom Line: We Turn Bearish From Cautiously Bearish.
Bearish L1, if Persists, Will Eventually End Current Rally.

Headline: L1 a Bearish $7.2 Billion Past Four Weeks, as Stocks Rose 7.5%. Insider Selling Soars Post 1Q Earnings Releases. Corporate Buying in Slump. New Offerings Have Averaged $3.5 Billion Last 3 Weeks, Double $1.7 Billion Weekly Feb-March. Insider Selling Surges. Thomson Says Insider Buying At Multi-Month Lows. Thomson Financial’s April Insider Sell-Buy Ratio Spikes, Likely Even Higher in May. US Equity Funds (L2) Inflows Modest, But Steady. Contrary Indicator? Wages and Salaries Up 0.8% Last Two Weeks. Rate of Gain Slowing or Statistical Quirk?

Regards,

Charles Biderman, President
TrimTabs.com Investment Research