Tuesday, September 01, 2009

Sucker Rally

I've said it before, this stock market rally is a sucker's rally that is designed to allow institutional investors to cover their losses while fleecing the retirement investor.

Charles Biderman of Trim Trab Investment Research has been watching insider selling and buying and is saying that he's never seen such a high level of insider selling. But not only that--they are NOT buying. This is yet further evidence that those "in the know" are fleeing the stock market and have no confidence in it. Nor should you!



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