25 April 2009

Expect the Stock Market Rally to End Soon

Because stock sales by executives and other insiders at firms has hit the highest level since 2007.

They know that the earnings for this quarter are not sustainable, and they are getting out of their own companies' stocks and into cash:
Executives and insiders at U.S. companies are taking advantage of the steepest stock market gains since 1938 to unload shares at the fastest pace since the start of the bear market.
What we have been seeing is a bear rally or dead cat bounce.


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