RE: Are you making money? Is This 2011 All Over Again?
Mar 4 2013, 04:23
by: Cam Hui | includes:
DIA, QQQ, SPY I am not a big believer in market analogies, but the current environment bears an eerie resemblance to the summer of 2011. Here are the similarities
Heavy insider selling
I wrote back in early February (see Insider selling, it's baaack!) that insider selling was surging. Vickers reported that [emphasis added]:
Looking at a longer time frame paints a bearish picture as well. The eight week sell-buy ratio from Vickers stands at 5-to-1, also the most bearish since early 2012. What's more, the last time this ratio was at these levels was June 2011, just before another correction in the stock market took place……
https://seekingalpha.com/article/1242841-is-this-2011-all-over-again?source=email_macro_view&ifp=0