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To: ChinuSFO who wrote (107461)1/16/2012 6:10:12 PM
From: Bocor  Respond to of 149317
 
I only know of sales in the stocks I own or follow, although there has been a lot of AMAT selling lately. You can check all your stocks on Yahoo or go to SEC.org for more detailed info.

Whole Foods director Jonathan Sokoloff sold 2,623,636 shares between November 4th and November 8th valued in a total amount of $179,849,203. Either lots of Christmas presents, big vacation, estate planning, or fear of earnings momentum slowing.

I expect the currency benefit of the past few quarters will evaporate in the large cap multi-nationals, and with the recession in Europe and international turmoil, I'm not sure they can make that up.

We always talk about "king dollar", but when we get it, geez, profits need to be actually EARNED. I expect a rough earnings season. Hope I am wrong.