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Strategies & Market Trends : Booms, Busts, and Recoveries -- Ignore unavailable to you. Want to Upgrade?


To: EL KABONG!!! who wrote (48147)4/7/2004 5:12:03 AM
From: TobagoJack  Read Replies (2) | Respond to of 74559
 
Hello KJC, <<Where did you see these insider numbers? Buying $1 of stock for every $48 sold? Insider buying rate lowest since 1993? Insider selling rate second highest in history?>>

... read in Fleckenstein's rant within the past 8 weeks.

I would consider betting against the insiders, but generally tend to wager with them. Experience has been OK.

I would consider wagering against the Gross, Soros, Buffett, etc, but generally tend to shy away from betting against them. Experience has been OK.

I would consider not believe the FED, but not when they say they want to trash their own paper. Experience has been so far so good.

I would not consider to wager against all three at the same nasty time. The odds are bad. Do not have a good feeling about the setup. Am afraid of the schem and suspicious of the construct.

<<Only CEOs, CFOs and Chairmen of the Board need be considered as having any real insider knowledge, and of these three positions only the CEO and CFO know of good news or bad news before everyone else>> ... I will put some weight to the marketing guy and the lawyer as well :0)

Chugs, Jay