"Thus far, the bearishness of insiders over the last four months has led to some missed gains thanks to the continued rally. However, instead of regaining their faith in this market, insiders are digging in their heels on the bearish side of trades. Readers can come to their own conclusions about the implications of such a strong and defined trend, but the CEO of TrimTabs certainly has an opinion.
“The best-informed market participants are sending a clear signal that the party on Wall Street is going to end soon…
Investors who think the U.S. economy is recovering are going to get a big shock this fall. Companies and corporate insiders are signaling that the economy is in much worse shape than conventional wisdom believes.”– Charles Biderman CEO of TrimTabs Investment Research"
Saturday, August 29, 2009
Ockham Research on Seeking Alpha
Posted by Mother of All Carry Trades at 2:37 PM