Sunday, November 16, 2003

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WHAT DO THEY KNOW THAT WE DON'T?

"Thomson Financial reports that last month's ratio of insider sales to buys hit a record 59 to 1. That's 59 shares sold for every one purchased! And it surpasses the previous record of 41 to 1, set in May 2001, by a mile.

In May of 2001, by the way, the market completed its first official "sucker's rally", having gained more than 21% before plunging another 41% over the next 1-1/2 years. Today, insiders are selling stock at an even more frenzied pace!"


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