1120 gone on spx. PLEASE cover those shorts
25 RepliesJump to last post
It’s xmas. Im feeling compassionate.
I’m getting very worried about you shorts out there
and all that .0355362625141% cash.
please cover now.
The next move up will be VERY painful.
please just drop your pride and reverse long.
Im being nice.
dont say I did’nt warn you.
Yeeee haawww!!! up up and away!! Let’s keep it up. Life is getting easier every day!
S and P 500
Date Adj Close
12/1/2009 1126.48
11/2/2009 1095.63
10/1/2009 1036.19
9/1/2009 1057.08
8/3/2009 1020.62
7/1/2009 987.48
6/1/2009 919.32
5/1/2009 919.14
4/1/2009 872.81
3/2/2009 797.87
2/2/2009 735.09
1/2/2009 825.88
12/1/2008 903.25
11/3/2008 896.24
10/1/2008 968.75
9/2/2008 1166.36
8/1/2008 1282.83
7/1/2008 1267.38
6/2/2008 1280
5/1/2008 1400.38
4/1/2008 1385.59
3/3/2008 1322.7
2/1/2008 1330.63
1/2/2008 1378.55
12/3/2007 1468.36
11/1/2007 1481.14
10/1/2007 1549.38
9/4/2007 1526.75
8/1/2007 1473.99
7/2/2007 1455.27
6/1/2007 1503.35
5/1/2007 1530.62
4/2/2007 1482.37
3/1/2007 1420.86
2/1/2007 1406.82
1/3/2007 1438.24
12/1/2006 1418.3
11/1/2006 1400.63
10/2/2006 1377.94
9/1/2006 1335.85
8/1/2006 1303.82
7/3/2006 1276.66
6/1/2006 1270.2
5/1/2006 1270.09
4/3/2006 1310.61
3/1/2006 1294.87
2/1/2006 1280.66
1/3/2006 1280.08
12/1/2005 1248.29
11/1/2005 1249.48
10/3/2005 1207.01
9/1/2005 1228.81
8/1/2005 1220.33
7/1/2005 1234.18
6/1/2005 1191.33
5/2/2005 1191.5
4/1/2005 1156.85
3/1/2005 1180.59
2/1/2005 1203.6
1/3/2005 1181.27
12/1/2004 1211.92
11/1/2004 1173.82
10/1/2004 1130.2
9/1/2004 1114.58
8/2/2004 1104.24
7/1/2004 1101.72
6/1/2004 1140.84
5/3/2004 1120.68
4/1/2004 1107.3
3/1/2004 1126.21
2/2/2004 1144.94
1/2/2004 1131.13
12/1/2003 1111.92
11/3/2003 1058.2
10/1/2003 1050.71
9/2/2003 995.97
8/1/2003 1008.01
7/1/2003 990.31
6/2/2003 974.5
5/1/2003 963.59
4/1/2003 916.92
3/3/2003 848.18
2/3/2003 841.15
1/2/2003 855.7
12/2/2002 879.82
11/1/2002 936.31
10/1/2002 885.76
9/3/2002 815.28
8/1/2002 916.07
7/1/2002 911.62
6/3/2002 989.82
5/1/2002 1067.14
4/1/2002 1076.92
3/1/2002 1147.39
2/1/2002 1106.73
1/2/2002 1130.2
12/3/2001 1148.08
11/1/2001 1139.45
10/1/2001 1059.78
9/4/2001 1040.94
8/1/2001 1133.58
7/2/2001 1211.23
6/1/2001 1224.38
5/1/2001 1255.82
4/2/2001 1249.46
3/1/2001 1160.33
2/1/2001 1239.94
1/2/2001 1366.01
12/1/2000 1320.28
11/1/2000 1314.95
10/2/2000 1429.4
9/1/2000 1436.51
8/1/2000 1517.68
7/3/2000 1430.83
6/1/2000 1454.6
5/1/2000 1420.6
4/3/2000 1452.43
3/1/2000 1498.58
2/1/2000 1366.42
1/3/2000 1394.46
12/1/1999 1469.25
11/1/1999 1388.91
10/1/1999 1362.93
9/1/1999 1282.71
8/2/1999 1320.41
7/1/1999 1328.72
6/1/1999 1372.71
5/3/1999 1301.84
4/1/1999 1335.18
3/1/1999 1286.37
2/1/1999 1238.33
1/4/1999 1279.64
12/1/1998 1229.23
11/2/1998 1163.63
10/1/1998 1098.67
9/1/1998 1017.01
8/3/1998 957.28
7/1/1998 1120.67
6/1/1998 1133.84
5/1/1998 1090.82
4/1/1998 1111.75
3/2/1998 1101.75
2/2/1998 1049.34
1/2/1998 980.28
12/1/1997 970.43
11/3/1997 955.4
10/1/1997 914.62
9/2/1997 947.28
8/1/1997 899.47
7/1/1997 954.31
6/2/1997 885.14
5/1/1997 848.28
4/1/1997 801.34
3/3/1997 757.12
2/3/1997 790.82
1/2/1997 786.16
12/2/1996 740.74
11/1/1996 757.02
10/1/1996 705.27
9/3/1996 687.33
8/1/1996 651.99
7/1/1996 639.95
6/3/1996 670.63
5/1/1996 669.12
4/1/1996 654.17
3/1/1996 645.5
2/1/1996 640.43
1/2/1996 636.02
12/1/1995 615.93
11/1/1995 605.37
10/2/1995 581.5
9/1/1995 584.41
8/1/1995 561.88
7/3/1995 562.06
6/1/1995 544.75
5/1/1995 533.4
4/3/1995 514.71
3/1/1995 500.71
2/1/1995 487.39
1/3/1995 470.42
12/1/1994 459.27
11/1/1994 453.69
10/3/1994 472.35
9/1/1994 462.71
8/1/1994 475.49
7/1/1994 458.26
6/1/1994 444.27
5/2/1994 456.5
4/4/1994 450.91
3/1/1994 445.77
2/1/1994 467.14
1/3/1994 481.61
12/1/1993 466.45
11/1/1993 461.79
10/1/1993 467.83
9/1/1993 458.93
8/2/1993 463.56
7/1/1993 448.13
6/1/1993 450.53
5/3/1993 450.19
4/1/1993 440.19
3/1/1993 451.67
2/1/1993 443.38
1/4/1993 438.78
12/1/1992 435.71
11/2/1992 431.35
10/1/1992 418.68
9/1/1992 417.8
8/3/1992 414.03
7/1/1992 424.21
6/1/1992 408.14
5/1/1992 415.35
4/1/1992 414.95
3/2/1992 403.69
2/3/1992 412.7
1/2/1992 408.78
12/2/1991 417.09
11/1/1991 375.22
10/1/1991 392.45
9/3/1991 387.86
8/1/1991 395.43
7/1/1991 387.81
6/3/1991 371.16
5/1/1991 389.83
4/1/1991 375.34
3/1/1991 375.22
2/1/1991 367.07
1/2/1991 343.93
12/3/1990 330.22
11/1/1990 322.22
10/1/1990 304
9/4/1990 306.05
8/1/1990 322.56
7/2/1990 356.15
6/1/1990 358.02
5/1/1990 361.23
4/2/1990 330.8
3/1/1990 339.94
2/1/1990 331.89
1/2/1990 329.08
12/1/1989 353.4
11/1/1989 345.99
10/2/1989 340.36
9/1/1989 349.15
8/1/1989 351.45
7/3/1989 346.08
6/1/1989 317.98
5/1/1989 320.52
4/3/1989 309.64
3/1/1989 294.87
2/1/1989 288.86
1/3/1989 297.47
12/1/1988 277.72
11/1/1988 273.7
10/3/1988 278.97
9/1/1988 271.91
8/1/1988 261.52
7/1/1988 272.02
6/1/1988 273.5
5/2/1988 262.16
4/4/1988 261.33
3/1/1988 258.89
2/1/1988 267.82
1/4/1988 257.07
12/1/1987 247.08
11/2/1987 230.3
10/1/1987 251.79
9/1/1987 321.83
8/3/1987 329.8
7/1/1987 318.66
6/1/1987 304
5/1/1987 290.1
4/1/1987 288.36
3/2/1987 291.7
2/2/1987 284.2
1/2/1987 274.08
12/1/1986 242.17
11/3/1986 249.22
10/1/1986 243.98
9/2/1986 231.32
8/1/1986 252.93
7/1/1986 236.12
6/2/1986 250.84
5/1/1986 247.35
4/1/1986 235.52
3/3/1986 238.9
2/3/1986 226.92
1/2/1986 211.78
12/2/1985 211.28
11/1/1985 202.17
10/1/1985 189.82
9/3/1985 182.08
8/1/1985 188.63
7/1/1985 190.92
6/3/1985 191.85
5/1/1985 189.55
4/1/1985 179.83
3/1/1985 180.66
2/1/1985 181.18
1/2/1985 179.63
12/3/1984 167.24
11/1/1984 163.58
10/1/1984 166.09
9/4/1984 166.1
8/1/1984 166.68
7/2/1984 150.66
6/1/1984 153.18
5/1/1984 150.55
4/2/1984 160.05
3/1/1984 159.18
2/1/1984 157.06
1/3/1984 163.41
12/1/1983 164.93
11/1/1983 166.4
10/3/1983 163.55
9/1/1983 166.07
8/1/1983 164.4
7/1/1983 162.56
6/1/1983 167.64
5/2/1983 162.39
4/4/1983 164.43
3/1/1983 152.96
2/1/1983 148.06
1/3/1983 145.3
12/1/1982 140.64
11/1/1982 138.53
10/1/1982 133.72
9/1/1982 120.42
8/2/1982 119.51
7/1/1982 107.09
6/1/1982 109.61
5/3/1982 111.88
4/1/1982 116.44
3/1/1982 111.96
2/1/1982 113.11
1/4/1982 120.4
12/1/1981 122.55
11/2/1981 126.35
10/1/1981 121.89
9/1/1981 116.18
8/3/1981 122.79
7/1/1981 130.92
6/1/1981 131.21
5/1/1981 132.59
4/1/1981 132.81
3/2/1981 136
2/2/1981 131.27
1/2/1981 129.55
12/1/1980 135.76
11/3/1980 140.52
10/1/1980 127.47
9/2/1980 125.46
8/1/1980 122.38
7/1/1980 121.67
6/2/1980 114.24
5/1/1980 111.24
4/1/1980 106.29
3/3/1980 102.09
2/1/1980 113.66
1/2/1980 114.16
12/3/1979 107.94
11/1/1979 106.16
10/1/1979 101.82
9/4/1979 109.32
8/1/1979 109.32
7/2/1979 103.81
6/1/1979 102.91
5/1/1979 99.08
4/2/1979 101.76
3/1/1979 101.59
2/1/1979 96.28
1/2/1979 99.93
12/1/1978 96.11
11/1/1978 94.7
10/2/1978 93.15
9/1/1978 102.54
8/1/1978 103.29
7/3/1978 100.68
6/1/1978 95.53
5/1/1978 97.24
4/3/1978 96.83
3/1/1978 89.21
2/1/1978 87.04
1/3/1978 89.25
12/1/1977 95.1
11/1/1977 94.83
10/3/1977 92.34
9/1/1977 96.53
8/1/1977 96.77
7/1/1977 98.85
6/1/1977 100.48
5/2/1977 96.12
4/1/1977 98.44
3/1/1977 98.42
2/1/1977 99.82
1/3/1977 102.03
12/1/1976 107.46
11/1/1976 102.1
10/1/1976 102.9
9/1/1976 105.24
8/2/1976 102.91
7/1/1976 103.44
6/1/1976 104.28
5/3/1976 100.18
4/1/1976 101.64
3/1/1976 102.77
2/2/1976 99.71
1/2/1976 100.86
12/1/1975 90.19
11/3/1975 91.24
10/1/1975 89.04
9/2/1975 83.87
8/1/1975 86.88
7/1/1975 88.75
6/2/1975 95.19
5/1/1975 91.15
4/1/1975 87.3
3/3/1975 83.36
2/3/1975 81.59
1/2/1975 76.98
12/2/1974 68.56
11/1/1974 69.97
10/1/1974 73.9
9/3/1974 63.54
8/1/1974 72.15
7/1/1974 79.31
6/3/1974 86
5/1/1974 87.28
4/1/1974 90.31
3/1/1974 93.98
2/1/1974 96.22
1/2/1974 96.57
12/3/1973 97.55
11/1/1973 95.96
10/1/1973 108.29
9/4/1973 108.43
8/1/1973 104.25
7/2/1973 108.22
6/1/1973 104.26
5/1/1973 104.95
4/2/1973 106.97
3/1/1973 111.52
2/1/1973 111.68
1/2/1973 116.03
12/1/1972 118.05
11/1/1972 116.67
10/2/1972 111.58
9/1/1972 110.55
8/1/1972 111.09
7/3/1972 107.39
6/1/1972 107.14
5/1/1972 109.53
4/3/1972 107.67
3/1/1972 107.2
2/1/1972 106.57
1/3/1972 103.94
12/1/1971 102.09
11/1/1971 93.99
10/1/1971 94.23
9/1/1971 98.34
8/2/1971 99.03
7/1/1971 95.58
6/1/1971 98.7
5/3/1971 99.63
4/1/1971 103.95
3/1/1971 100.31
2/1/1971 96.75
1/4/1971 95.88
12/1/1970 92.15
11/2/1970 87.2
10/1/1970 83.25
9/1/1970 84.3
8/3/1970 81.52
7/1/1970 78.05
6/1/1970 72.72
5/1/1970 76.55
4/1/1970 81.52
3/2/1970 89.63
2/2/1970 89.5
1/2/1970 85.02
12/1/1969 92.06
11/3/1969 93.81
10/1/1969 97.12
9/2/1969 93.12
8/1/1969 95.51
7/1/1969 91.83
6/2/1969 97.71
5/1/1969 103.46
4/1/1969 103.69
3/3/1969 101.51
2/3/1969 98.13
1/2/1969 103.01
12/2/1968 103.86
11/1/1968 108.37
10/1/1968 103.41
9/3/1968 102.67
8/1/1968 98.86
7/1/1968 97.74
6/3/1968 99.58
5/1/1968 98.68
4/1/1968 97.46
3/1/1968 90.2
2/1/1968 89.36
1/2/1968 92.24
12/1/1967 96.47
11/1/1967 94
10/2/1967 93.3
9/1/1967 96.71
8/1/1967 93.64
7/3/1967 94.75
6/1/1967 90.64
5/1/1967 89.08
4/3/1967 94.01
3/1/1967 90.2
2/1/1967 86.78
1/3/1967 86.61
12/1/1966 80.33
11/1/1966 80.45
10/3/1966 80.2
9/1/1966 76.56
8/1/1966 77.1
7/1/1966 83.6
6/1/1966 84.74
5/2/1966 86.13
4/1/1966 91.06
3/1/1966 89.23
2/1/1966 91.22
1/3/1966 92.88
12/1/1965 92.43
11/1/1965 91.61
10/1/1965 92.42
9/1/1965 89.96
8/2/1965 87.17
7/1/1965 85.25
6/1/1965 84.12
5/3/1965 88.42
4/1/1965 89.11
3/1/1965 86.16
2/1/1965 87.43
1/4/1965 87.56
12/1/1964 84.75
11/2/1964 84.42
10/1/1964 84.86
9/1/1964 84.18
8/3/1964 81.83
7/1/1964 83.18
6/1/1964 81.69
5/1/1964 80.37
4/1/1964 79.46
3/2/1964 78.98
2/3/1964 77.8
1/2/1964 77.04
12/2/1963 75.02
11/1/1963 73.23
10/1/1963 74.01
9/3/1963 71.7
8/1/1963 72.5
7/1/1963 69.13
6/3/1963 69.37
5/1/1963 70.8
4/1/1963 69.8
3/1/1963 66.57
2/1/1963 64.29
1/2/1963 66.2
12/3/1962 63.1
11/1/1962 62.26
10/1/1962 56.52
9/4/1962 56.27
8/1/1962 59.12
7/2/1962 58.23
6/1/1962 54.75
5/1/1962 59.63
4/2/1962 65.24
3/1/1962 69.55
2/1/1962 69.96
1/2/1962 68.84
12/1/1961 71.55
11/1/1961 71.32
10/2/1961 68.62
9/1/1961 66.73
8/1/1961 68.07
7/3/1961 66.76
6/1/1961 64.64
5/1/1961 66.56
4/3/1961 65.31
3/1/1961 65.06
2/1/1961 63.44
1/3/1961 61.78
12/1/1960 58.11
11/1/1960 55.54
10/3/1960 53.39
9/1/1960 53.52
8/1/1960 56.96
7/1/1960 55.51
6/1/1960 56.92
5/2/1960 55.83
4/1/1960 54.37
3/1/1960 55.34
2/1/1960 56.12
1/4/1960 55.61
12/1/1959 59.89
11/2/1959 58.28
10/1/1959 57.52
9/1/1959 56.88
8/3/1959 59.6
7/1/1959 60.51
6/1/1959 58.47
5/1/1959 58.68
4/1/1959 57.59
3/2/1959 55.44
2/2/1959 55.41
1/2/1959 55.45
12/1/1958 55.21
11/3/1958 52.48
10/1/1958 51.33
9/2/1958 50.06
8/1/1958 47.75
7/1/1958 47.19
6/2/1958 45.24
5/1/1958 44.09
4/1/1958 43.44
3/3/1958 42.1
2/3/1958 40.84
1/2/1958 41.7
12/2/1957 39.99
11/1/1957 41.72
10/1/1957 41.06
9/3/1957 42.42
8/1/1957 45.22
7/1/1957 47.91
6/3/1957 47.37
5/1/1957 47.43
4/1/1957 45.74
3/1/1957 44.11
2/1/1957 43.26
1/2/1957 44.72
12/3/1956 46.67
11/1/1956 45.08
10/1/1956 45.58
9/4/1956 45.35
8/1/1956 47.51
7/2/1956 49.39
6/1/1956 46.97
5/1/1956 45.2
4/2/1956 48.38
3/1/1956 48.48
2/1/1956 45.34
1/3/1956 43.82
12/1/1955 45.48
11/1/1955 45.51
10/3/1955 42.34
9/1/1955 43.67
8/1/1955 43.18
7/1/1955 43.52
6/1/1955 41.03
5/2/1955 37.91
4/1/1955 37.96
3/1/1955 36.58
2/1/1955 36.76
1/3/1955 36.63
12/1/1954 35.98
11/1/1954 34.24
10/1/1954 31.68
9/1/1954 32.31
8/2/1954 29.83
7/1/1954 30.88
6/1/1954 29.21
5/3/1954 29.19
4/1/1954 28.26
3/1/1954 26.94
2/1/1954 26.15
1/4/1954 26.08
12/1/1953 24.81
11/2/1953 24.76
10/1/1953 24.54
9/1/1953 23.35
8/3/1953 23.32
7/1/1953 24.75
6/1/1953 24.14
5/1/1953 24.54
4/1/1953 24.62
3/2/1953 25.29
2/2/1953 25.9
1/2/1953 26.38
12/1/1952 26.57
11/3/1952 25.66
10/1/1952 24.52
9/2/1952 24.54
8/1/1952 25.03
7/1/1952 25.4
6/2/1952 24.96
5/1/1952 23.86
4/1/1952 23.32
3/3/1952 24.37
2/1/1952 23.26
1/2/1952 24.14
12/3/1951 23.77
11/1/1951 22.88
10/1/1951 22.94
9/4/1951 23.26
8/1/1951 23.28
7/2/1951 22.4
6/1/1951 20.96
5/1/1951 21.52
4/2/1951 22.43
3/1/1951 21.48
2/1/1951 21.8
1/2/1951 21.66
12/1/1950 20.43
11/1/1950 19.51
10/2/1950 19.53
9/1/1950 19.45
8/1/1950 18.42
7/3/1950 17.84
6/1/1950 17.69
5/1/1950 18.78
4/3/1950 17.96
3/1/1950 17.29
2/1/1950 17.22
1/3/1950 17.05
Shania, the II Bull/Bear ratio is off the charts!! 3.13!! That’s 52.2% bulls and 16.7% bears. A spread of 35.5%.
http://www.market-harmonics.com/free-charts/sentiment/investors_intelligence.htm
If I’m a bull, I don’t like those numbers at all. Too much blind optimism.
Plus, you have insiders selling hand over fist. If the corporate execs are cashing out now, what does that tell you about their confidence that share prices will continue to go up?
http://www.finviz.com/insidertrading.ashx?or=-10&tv=100000&tc=7&o=-transactionValue
Best of luck. Hope the rally continues, but I wouldn’t hold my breath. Anyone buying in now is rolling the dice big time.
[quote=NYCTrader]Shania, the II Bull/Bear ratio is off the charts!! 3.13!! That’s 52.2% bulls and 16.7% bears. A spread of 35.5%.
http://www.market-harmonics.com/free-charts/sentiment/investors_intelligence.htm
If I’m a bull, I don’t like those numbers at all. Too much blind optimism.
Plus, you have insiders selling hand over fist. If the corporate execs are cashing out now, what does that tell you about their confidence that share prices will continue to go up?
http://www.finviz.com/insidertrading.ashx?or=-10&tv=100000&tc=7&o=-transactionValue
Best of luck. Hope the rally continues, but I wouldn’t hold my breath. Anyone buying in now is rolling the dice big time.
[/quote]
Look at the dates on the insider selling. All in December. Could it be that it is a tax issue for these folks? Or that their options are about to expire?
[quote=Moraen]
[quote=NYCTrader]Shania, the II Bull/Bear ratio is off the charts!! 3.13!! That’s 52.2% bulls and 16.7% bears. A spread of 35.5%.
http://www.market-harmonics.com/free-charts/sentiment/investors_intelligence.htm
If I’m a bull, I don’t like those numbers at all. Too much blind optimism.
Plus, you have insiders selling hand over fist. If the corporate execs are cashing out now, what does that tell you about their confidence that share prices will continue to go up?
http://www.finviz.com/insidertrading.ashx?or=-10&tv=100000&tc=7&o=-transactionValue
Best of luck. Hope the rally continues, but I wouldn’t hold my breath. Anyone buying in now is rolling the dice big time.
[/quote]
Look at the dates on the insider selling. All in December. Could it be that it is a tax issue for these folks? Or that their options are about to expire?
[/quote]
Insider selling has been rampant for the entire fourth quarter. The link I posted just shows the last week’s numbers. Come on man, do the research. Insiders are selling like crazy and it has nothing to with tax issues or options expiring. It has everything to do with how frothy share prices are right now and locking in gains. These people are not stupid. They are making sure they get paid.
Ive never seen so many powerful charts.
Seems like twice as many as 2003.
NOTHING to 1250 from mega-gap in 2008 (oct)
buy strength sell weakness
[quote=NYCTrader]
[quote=Moraen]
[quote=NYCTrader]Shania, the II Bull/Bear ratio is off the charts!! 3.13!! That’s 52.2% bulls and 16.7% bears. A spread of 35.5%.
http://www.market-harmonics.com/free-charts/sentiment/investors_intelligence.htm
If I’m a bull, I don’t like those numbers at all. Too much blind optimism.
Plus, you have insiders selling hand over fist. If the corporate execs are cashing out now, what does that tell you about their confidence that share prices will continue to go up?
http://www.finviz.com/insidertrading.ashx?or=-10&tv=100000&tc=7&o=-transactionValue
Best of luck. Hope the rally continues, but I wouldn’t hold my breath. Anyone buying in now is rolling the dice big time.
[/quote]
Look at the dates on the insider selling. All in December. Could it be that it is a tax issue for these folks? Or that their options are about to expire?
[/quote]
Insider selling has been rampant for the entire fourth quarter. The link I posted just shows the last week’s numbers. Come on man, do the research. Insiders are selling like crazy and it has nothing to with tax issues or options expiring. It has everything to do with how frothy share prices are right now and locking in gains. These people are not stupid. They are making sure they get paid.
[/quote]
Show me the other links. Those all show from the 17th. How do you know all 4th quarter sales aren’t for tax reasons?
And the fact that certain options will expire definitely skews the statistics.
“Doing the research” involves more than just looking at insider trade numbers.
[quote=Moraen]
[quote=NYCTrader]
[quote=Moraen]
[quote=NYCTrader]Shania, the II Bull/Bear ratio is off the charts!! 3.13!! That’s 52.2% bulls and 16.7% bears. A spread of 35.5%.
http://www.market-harmonics.com/free-charts/sentiment/investors_intelligence.htm
If I’m a bull, I don’t like those numbers at all. Too much blind optimism.
Plus, you have insiders selling hand over fist. If the corporate execs are cashing out now, what does that tell you about their confidence that share prices will continue to go up?
http://www.finviz.com/insidertrading.ashx?or=-10&tv=100000&tc=7&o=-transactionValue
Best of luck. Hope the rally continues, but I wouldn’t hold my breath. Anyone buying in now is rolling the dice big time.
[/quote]
Look at the dates on the insider selling. All in December. Could it be that it is a tax issue for these folks? Or that their options are about to expire?
[/quote]
Insider selling has been rampant for the entire fourth quarter. The link I posted just shows the last week’s numbers. Come on man, do the research. Insiders are selling like crazy and it has nothing to with tax issues or options expiring. It has everything to do with how frothy share prices are right now and locking in gains. These people are not stupid. They are making sure they get paid.
[/quote]
Show me the other links. Those all show from the 17th. How do you know all 4th quarter sales aren’t for tax reasons?
And the fact that certain options will expire definitely skews the statistics.
“Doing the research” involves more than just looking at insider trade numbers.
[/quote]
I’m not going to do your research for you.
How do you know all 4th quarter sales ARE for tax reasons?
Believe whatever you want. I don’t really care.
The only person on this board who has laid out a bullish case is
Moriah. I disagree with him, but at least he has a point of view
beyond “show me more links”.
[quote=NYCTrader]
[quote=Moraen]
[quote=NYCTrader]
[quote=Moraen]
[quote=NYCTrader]Shania, the II Bull/Bear ratio is off the charts!! 3.13!! That’s 52.2% bulls and 16.7% bears. A spread of 35.5%.
http://www.market-harmonics.com/free-charts/sentiment/investors_intelligence.htm
If I’m a bull, I don’t like those numbers at all. Too much blind optimism.
Plus, you have insiders selling hand over fist. If the corporate execs are cashing out now, what does that tell you about their confidence that share prices will continue to go up?
http://www.finviz.com/insidertrading.ashx?or=-10&tv=100000&tc=7&o=-transactionValue
Best of luck. Hope the rally continues, but I wouldn’t hold my breath. Anyone buying in now is rolling the dice big time.
[/quote]
Look at the dates on the insider selling. All in December. Could it be that it is a tax issue for these folks? Or that their options are about to expire?
[/quote]
Insider selling has been rampant for the entire fourth quarter. The link I posted just shows the last week’s numbers. Come on man, do the research. Insiders are selling like crazy and it has nothing to with tax issues or options expiring. It has everything to do with how frothy share prices are right now and locking in gains. These people are not stupid. They are making sure they get paid.
[/quote]
Show me the other links. Those all show from the 17th. How do you know all 4th quarter sales aren’t for tax reasons?
And the fact that certain options will expire definitely skews the statistics.
“Doing the research” involves more than just looking at insider trade numbers.
[/quote]
I’m not going to do your research for you.
How do you know all 4th quarter sales ARE for tax reasons?
Believe whatever you want. I don’t really care.
The only person on this board who has laid out a bullish case is
Moriah. I disagree with him, but at least he has a point of view
beyond “show me more links”.
[/quote]
PS – Shania, my apologies for referring to you as Moriah. You’re two very different pop stars and no offense was intended.
[quote=NYCTrader]
[quote=Moraen]
[quote=NYCTrader]
[quote=Moraen]
[quote=NYCTrader]Shania, the II Bull/Bear ratio is off the charts!! 3.13!! That’s 52.2% bulls and 16.7% bears. A spread of 35.5%.
http://www.market-harmonics.com/free-charts/sentiment/investors_intelligence.htm
If I’m a bull, I don’t like those numbers at all. Too much blind optimism.
Plus, you have insiders selling hand over fist. If the corporate execs are cashing out now, what does that tell you about their confidence that share prices will continue to go up?
http://www.finviz.com/insidertrading.ashx?or=-10&tv=100000&tc=7&o=-transactionValue
Best of luck. Hope the rally continues, but I wouldn’t hold my breath. Anyone buying in now is rolling the dice big time.
[/quote]
Look at the dates on the insider selling. All in December. Could it be that it is a tax issue for these folks? Or that their options are about to expire?
[/quote]
Insider selling has been rampant for the entire fourth quarter. The link I posted just shows the last week’s numbers. Come on man, do the research. Insiders are selling like crazy and it has nothing to with tax issues or options expiring. It has everything to do with how frothy share prices are right now and locking in gains. These people are not stupid. They are making sure they get paid.
[/quote]
Show me the other links. Those all show from the 17th. How do you know all 4th quarter sales aren’t for tax reasons?
And the fact that certain options will expire definitely skews the statistics.
“Doing the research” involves more than just looking at insider trade numbers.
[/quote]
I’m not going to do your research for you.
How do you know all 4th quarter sales ARE for tax reasons?
Believe whatever you want. I don’t really care.
The only person on this board who has laid out a bullish case is
Moriah. I disagree with him, but at least he has a point of view
beyond “show me more links”.
[/quote]
Who is Moriah? Is that a combination of me and Shania?
I don’t know they are for tax reasons. But just because an insider sells, doesn’t automatically mean the stock is going to fall. If they are taking profits, maybe it is because they didn’t want to get the shaft in case something went bad like last time.
It’s ok to take money off of the table.
I think you are reading a little too much into one thing. A little backwards reasoning is more telling about insider selling than just looking at bare bones numbers.
Most CEOs and directors have some formal strategic training. Selling now, whether or not for tax reasons makes good strategic sense. Taking profits off of the table to diversify their holdings might make sense for them. Or to take advantage of other opportunities outside of the equity markets. Real estate in Las Vegas, I hear, is very cheap right now.
reverse that USD long now.
trend your friend, my friend.
retest and/or break of USD low will power stocks to 1250ish
NYC
trim tabs:
38 freakin weeks of net outflows of equity funds…with every MF market on the planet up HUGE.
As usual the small guy missed this big time.
The TRAP was the gripping fear that made people bail and get way, way too safe relative to their true asset allocation levels.
Take that PLUS Bennie boy fukcing with people by paying ZERO on cash and risk free assets…
perfect bull storm
Ben WILL make people step up to risk. The monster bull tell was USD bounce of low. F the carry trade…they moved to large cap names. (utils etc)
safe MONEY IS LOOKING FOR A HOME. The numbers here can take
this bihch much higher
f the fundos
I see the BUBBLE risk in govies and corps. look at all the money going into bond funds.
“stocks too risky, Ill buy bonds now” i think these sheep will get creamed.
yield who*res dont understand how a 20 year get crushed if rates go up.
but that wont be for a while. the day ben changes wording of fed statement is day u can trim. And thats not coming for a while cause inflation is toast.
i bet u get a nasty, nasty day and morning follow through. buy that opening
[quote=Shania Twain]reverse that USD long now.
trend your friend, my friend.
retest and/or break of USD low will power stocks to 1250ish [/quote]
Already covered my USD long trade. Made a nice return on that one. Holding lots of cash, puts, bonds and a few utilities (I’m with Gross on that one). Also close to pulling the trigger on another currency play.
I will agree that it’s tough earning next to nothing on cash right now, but I’d rather play it safe than put money to work in a market rally that I no longer believe in. I also think there will be opportunity to buy at much more attractive prices and I’m willing to be patient.
jews gonna take out Iran nukes, i think.
Buy the crap out of that sell off (wont last long)
(Abajahaajdadjadjshajahsjdad is losing power. Needs to do something to get power back. i think he crosses jews line in sand on nuke building and jews take care of business)
[quote=Shania Twain]NYC
trim tabs:
38 freakin weeks of net outflows of equity funds…with every MF market on the planet up HUGE.
As usual the small guy missed this big time.
The TRAP was the gripping fear that made people bail and get way, way too safe relative to their true asset allocation levels.
Take that PLUS Bennie boy fukcing with people by paying ZERO on cash and risk free assets…
perfect bull storm
Ben WILL make people step up to risk. The monster bull tell was USD bounce of low. F the carry trade…they moved to large cap names. (utils etc)
safe MONEY IS LOOKING FOR A HOME. The numbers here can take
this bihch much higher
f the fundos
I see the BUBBLE risk in govies and corps. look at all the money going into bond funds.
“stocks too risky, Ill buy bonds now” i think these sheep will get creamed.
yield who*res dont understand how a 20 year get crushed if rates go up.
but that wont be for a while. the day ben changes wording of fed statement is day u can trim. And thats not coming for a while cause inflation is toast.
i bet u get a nasty, nasty day and morning follow through. buy that opening [/quote]
No disagreement that there are very few places to go for yield.
I’m with you that bonds are tricky right now. Definitely overbought. Especially high yield.
No argument that a lot of people missed out on the rally and have been trying to play catch-up.
I was pretty much all in equities December '08 and cashed out in early November '09 (slowly took profits throughout the fall). I got in early and may have gotten out a little too early. Point is I made profits and that’s all I care about at the end of the day.
I don’t like what I see right now and would prefer to sit this one out. Would rather miss out on upside than participate in downside.