Friday, September 11, 2009

Your Last Chance To Get Out

Insiders are bailing like rats from a sinking ship:
The stock market has mounted an historic rally since it hit a low in March. The S&P 500 is up 55%, as U.S. job losses have slowed and credit markets have stabilized.

But against that improving backdrop, one indicator has turned distinctly bearish: Corporate officers and directors have been selling shares at a pace last seen just before the onset of the subprime malaise two years ago.
No matter what they try to cover over this bit of news with, it is the beginning of the big slide.

The looters know it... And you should also.

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