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Gold/Mining/Energy : Gold Price Monitor -- Ignore unavailable to you. Want to Upgrade?

To: Gabriela Neri who wrote (8572)	3/20/1998 1:38:00 AM
From: PaulM	Read Replies (1) \| Respond to of 116761

Re: the U.S. Stock Market Insider Sell/Buy Ratios v.The Dow Here's a site which seemed a consistent predictor when I was an Avid Stock Trader. argusgroup.com Worth bookmarking, because it seemingly never fails to tell you where the DOW will be a couple of months down the line. It plots the ratio of insider sell filings to buy filings as received by the SEC on a graph which also shows the DOW. From late Dec to Feb, I noticed that insider SELL/BUY ratio reversed the prior negative trend and went down rapidly, a very bullish indicator. I couldn't believe my eyes when iI saw it, given Asia and all. But, as usual, they were right. In this case insider info was particularly useful as Mergers and Stock Buybacks propelled the market, even as fundamentals worsened. However, I post this now because the filings received at the SEC this past week show the SELL/BUY ratio shot up to nearly 5. That's off the charts. I've never seen it that high (the 8 week average has now become neutral). We're now seeing a spectacle I've seen in the past as the public buys even as insiders unload. And of course, there's no doubt as to who will be proven right.

To: Gabriela Neri who wrote (8572)	3/20/1998 2:56:00 AM
From: Greg Ford	Respond to of 116761

Silver is in backwardation (about 4% - meaning that the spot price on a future contract will be less by 4% prorated to the number of days) at the moment and the short term volatility is very high (around 48%). I would look at 3 month at the month calls. They won't be cheap, but they will be a position to trade around if you are so inclined. You may also wish to take a look at $7.00 May calls. There were a great volume of these dealt when the price ran up from 5.80 in January. They may be a natural target. Greg