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Insiders Selling At A Furious Pace
nusinessinsider.com ^
| 5/5/09
| Joe Weisenthal
Posted on 05/06/2009 4:34:36 PM PDT by Kartographer
Last week there was a report that corporate insiders were selling at a faster rate that at any time since October, 2007 -- right near the top of the market.
(Excerpt) Read more at businessinsider.com ...
TOPICS: Business/Economy
KEYWORDS: stockmarket; stockselloff; wallstreet
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To: Kartographer
So who`s buying and why is the market up virtually every day?
To: Kartographer
Yet our administration and media proclaim we are recovering on the stock market....everything back to normal by year’s end...no problems here [whistle whistle by the graveyard]. Anyone with any brains isn’t going to keep their money their, the ones that do, the ones that trade quickly on the stupidity of others are the only ones that will make out here.....my stock days are over as an investment option.
3
posted on
05/06/2009 4:44:12 PM PDT
by
Gaffer
To: Para-Ord.45
Everyone knows it’s going to crap out at the 200 day.
4
posted on
05/06/2009 4:46:47 PM PDT
by
steve86
(Acerbic by nature, not nurture)
To: Para-Ord.45
Quants.
Fools.
And low volume rallies.
5
posted on
05/06/2009 4:47:12 PM PDT
by
NeoCaveman
(control the teleprompter, control the world)
To: Para-Ord.45
The government is buying, though not directly.
6
posted on
05/06/2009 4:48:05 PM PDT
by
Crawdad
(If you're in a fair fight, your tactics suck.)
To: Kartographer
So, what does this mean? Some commenters said it was just a couple owners with big unloads. What is true?
To: Para-Ord.45
The big bank stocks are being strung along with government funds. The people who buy them now figure (probably incorrectly) that the government will keep pumping money in but not take over. Tech stocks are up on stimulus types of money.
8
posted on
05/06/2009 4:48:50 PM PDT
by
palmer
(Cooperating with Obama = helping him extend the depression and implement socialism.)
To: SaraJohnson
I doubt there’s much selling because there isn’t much buying either (low volume). A wimpy rally that will end soon.
9
posted on
05/06/2009 4:51:14 PM PDT
by
palmer
(Cooperating with Obama = helping him extend the depression and implement socialism.)
To: Kartographer
10
posted on
05/06/2009 4:53:30 PM PDT
by
EGPWS
(Trust in God, Question everyone else)
To: Kartographer
if they are selling at a furious rate, someone is buying at a furious rate.
11
posted on
05/06/2009 4:53:51 PM PDT
by
paul51
(11 September 2001 - Never forget (July 4, 2009 see you there))
To: NeoCaveman
Quants. Fools.
And low volume rallies.
GOLD!
12
posted on
05/06/2009 4:57:06 PM PDT
by
EGPWS
(Trust in God, Question everyone else)
To: NeoCaveman
The key to playing “chicken” is knowing when to flinch. Not yet - but we’re close.
13
posted on
05/06/2009 4:58:38 PM PDT
by
andy58-in-nh
(You have enemies? Good. That means you've stood up for something, sometime in your life.)
To: Crawdad
The government is buying,...The government is printing.
14
posted on
05/06/2009 4:58:56 PM PDT
by
EGPWS
(Trust in God, Question everyone else)
To: Kartographer
15
posted on
05/06/2009 4:59:13 PM PDT
by
SE Mom
(Proud mom of an Iraq war combat vet)
To: Para-Ord.45
Well, that’s the $64,000 question—isn’t it? Just have to wait to see how it plays out.
I can tell you this much from my own experience. I’m not sure my investment broker really has a clue about what’s happening. I spoke with him about a month ago and he was talking as though everything was just as it was pre-Onada. He even said he hadn’t heard that The Usurper was trying to get his hands on 401k accounts. I have heard The Usurper say it at least twice.
My wife and I are in a wait and see mode right now. My inclination is to toss this guy, but where exactly does one go?
That aside, I am wondering if The Marxist Onada’s house of cards is beginning to crumble sooner than I anticipated. I hope so, it will save the country much anguish.
16
posted on
05/06/2009 5:04:31 PM PDT
by
dools007
To: Para-Ord.45
Obama said something to the effect that the Democrats are the party of Wall Street. That’s the best explanation so far. I am pulling my meager 401K next week, my employer stopped matching, so now I need to protect what I have.
17
posted on
05/06/2009 5:05:50 PM PDT
by
momincombatboots
(The last experience of the sinner is the horrible enslavement of the freedom he desired. -C.S. Lewis)
To: EGPWS
GOLD! Silver has been up huge this week, even better than domestic stocks.
18
posted on
05/06/2009 5:12:23 PM PDT
by
NeoCaveman
(control the teleprompter, control the world)
To: Para-Ord.45
I am not in any way a market guru, but if things are not being manipulated big time by both the government and insiders then why?
1. Why is oil climing? With decreases in manufacturing output all over the world, gasoline use down, storage yards/tank farms so full of oil that it is being kept in ships at sea, refinery production scaled back...
2. Bank stocks climbing even though there are alomst daily annoucement of more and more money being needed to keep them afloat and almost weekly closing and seizures of banks.
3. Housing prices still pummeting, just today a bank bulldozed a partial constructed subdivision because it was worth the cost of completion.
4. The auto plants are going of hiatus and how many dealerships are getting ready to fold? How many jobs are being lost? How much money will not be circulated? What happens to States when the drought of the big time sales taxes from the sell of cars drys up even more?
5. What happens to the economy when Obama cuts defense spending in half. Killing a large American based industry?
6. What happens when the unemployment funds start running out and there are still no jobs? Just a few things to ponder.
19
posted on
05/06/2009 5:14:48 PM PDT
by
Kartographer
(".. we mutually pledge to each other our lives, our fortunes, and our sacred honor.")
To: Kartographer
Unemployment will run out for the biggest group around this
time next year with many just after the first of the year.
I think that things will get real ugly then. Average folks
driven to crime to feed the family kind of things. I hope
I’m wrong.
20
posted on
05/06/2009 5:31:50 PM PDT
by
jusduat
(wondering,questioning,searching)
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