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Non-Tech : Retail Sector Earnings Reports -- Ignore unavailable to you. Want to Upgrade?

To: SusieQ1065 who wrote (242)	11/15/2003 12:08:27 PM
From: SusieQ1065	Read Replies (1) \| Respond to of 246

Once the rate hikes start there is likely to be a period of consolidation and hesitation until we see if the hikes kill the recovery. More bull since all recoveries are accompanied by higher rates but that is another story. What will slow the markets is ten year rates over 4.75%. This is the level where conservative funds can feel comfortable switching from risky stocks to safe bonds. *************************** About the only fly in the long term ointment is the vast discrepancy between insider buying and insider selling. According to Thompson Financial there was only $52 million dollars of inside buying in October. This is not even a drop in the bucket much less bullish confirmation of the future economic outlook. They also show that insider selling was exploding with $59 of insider selling for every $1 of insider buying. This is the WORST ratio since records have been kept. (15 years) This is a long term sentiment indicator that has proven accurate in the past. ~Jim Brown