Jesse's Café Américain Sun 2009-08-30 11:59 EDT
US Equity Markets Look Dangerously Wobbly As Insiders Sell In Record Numbers
"Investors Intelligence's latest survey of advisory services showed an impressive 51% bullish and a meager 19% bearish...the spread hasn't been that wide since November 2007." Alan Abelson, Barrons, Aug. 29, 2009Next week we move into September, the riskiest month of the year for financial markets, with the federals escalating preparations for a flu pandemic, while Congress considers legislation... ``selling by corporate insiders in August has surged to $6.1 billion, the highest amount since May 2008. The ratio of insider selling to insider buying hit 30.6, the highest level since TrimTabs began tracking the data in 2004.''
Equity Markets Look Dangerously Wobbly; Insider sell; Jesse's Café Américain; record number.