Comments on: INSIDERS STILL VERY BEARISH ON THEIR OWN COMPANIES

By: steve goober

steve goober — Thu, 19 Nov 2009 19:04:16 +0000

This could be another indication of a top of the bull or bear/rally top(doesn’t matter what you want to call it- +50% increase since march) as many have anticipated. I believe , combined with other indicators and data, this confirms a topping range that cannot continue beyond DOW 10,500 at best. Will stutter until early 2010 Jan and fail to under 10,000, where?, who knows(I doubt under 8500 ?). Depends on how bad unemployment gets and outlook at that time. The unbridled spending and wreckless policies by this admin are not and will not strengthen confidence in US markets/dollar. Blaming China for monetary policies will make bad matters far worse quickly and US will be net loser of that game. In my view, Obama does not have a clue about much of anything and especially economic matters. This is evidenced and confirmed by his choices of people around him and Geithner to carry out econimic/monetary policy. Geithner was only one of the players that got us into this mess and assuming he can or will solve it is more pie in the sky thinking, becoming more obvious by this administration. Caution and temperance dominate. When and if they start some “real” fiscal responsible policies we can change our thinking/outlook. Trying to look past 90 days to 120 days is of course impossible. I agree totally with Paulson except trying to look past 6 months. The longer these crazy policies continue, the stronger the bearish case and longer you can go bearish in terms of time. The opposite is true for bullish. Simple hey!……..not. Of course there will still be bullish and bearish plays along the way, but must be “chosen” will due diligence carefully.

Just the thoughts of a Goober

By: Charlie

Charlie — Tue, 17 Nov 2009 17:14:58 +0000

Isn’t this data a little skewed by Gates selling? If you take the outliers on both the sale/buy side of the ledger, we would get a different picture of insider activity.

Great stuff, BTW.

By: GreenAB

GreenAB — Mon, 16 Nov 2009 14:44:43 +0000

thanks a lot.

By: tyler cruickshank

tyler cruickshank — Mon, 16 Nov 2009 13:31:13 +0000

I wonder what this data looks like historically? Something doesnt quite sit right with me. The data these last few quarters has basically been the same – no buying.

I wonder what the data looks like historically?

Are insiders also pouring into bonds or bond funds like the rest of America – I mean have they changed their views on risk and allocation?

Definitely curious.

By: eh

eh — Mon, 16 Nov 2009 13:19:10 +0000

In such circumstances, i.e. when for many insiders profit-taking is clearly advisable, I wonder if this data is less relevant.

By: TPC

TPC — Mon, 16 Nov 2009 07:33:24 +0000

Their data appears very wrong. I am using the actual SEC filings. Insider buying is incredibly light. This is consistent with all other reports lately.

By: GreenAB

GreenAB — Mon, 16 Nov 2009 07:19:11 +0000

TPC: could you please comment on this story: http://www.marketwatch.com/story/analysis-of-corporate-insiders-behavior-2009-11-12

i´m confused.