Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Technical analysis for shorts & longs -- Ignore unavailable to you. Want to Upgrade?

To: Johnny Canuck who wrote (46708)	4/18/2011 1:10:46 PM
From: Johnny Canuck	Respond to of 68187

Dow 12,126.97 -214.86 -1.74% Nasdaq 2,714.58 -50.07 -1.81% S&P 500 1,298.73 -20.95 -1.59% 30-yr Bond 4.4770% +0.0090 NYSE Volume 3,046,999,750 Nasdaq Volume 1,012,357,250 If the trading continues at the current pace we will finally have an above normal volume day indicating a degree of panic in the market. Given that this is Monday as the news will be light, we need to see follow through tomorrow to see the amount of damage to the psychology of traders. The counter rally around 11:30 PM EST was weak at best, it demonstrated that they was little conviction on the buyside.

To: Johnny Canuck who wrote (46708)	4/18/2011 3:39:02 PM
From: Logain Ablar	Read Replies (1) \| Respond to of 68187

Insider buying. A couple of stories. I remember playing golf in August of 2008. CEO was buying shares of his Nasdaq listed reinsurance company as stock was going down. Now he knew Goldman had sold its stake but he didn't realize the underlying risk with the MBS the company was reinsuring from MBIA and AMBAC. Company is no longer listed and the shares were trading under 50 cents when the listing was pulled. On the Canadian exchange, CEO was buying, but at the same time selling. Insider buys are not always a great indicator.