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Strategies & Market Trends : Natural Resource Stocks -- Ignore unavailable to you. Want to Upgrade?


To: isopatch who wrote (12611)6/23/2004 12:02:37 PM
From: Jim Willie CB  Read Replies (1) | Respond to of 108681
 
funny stat announced today
avg daily IPO issuance is $1.3 billion
avg daily insider selling is $1.2 billion

$58 billion in backlog IPO on planned docket

sounds like a top indicator
on net basis, insiders are selling to the public at the top

/ jim