XIAM007

Making Unique Observations in a Very Cluttered World

Friday 10 July 2009

Are Top Insiders Playing You for a Sucker?

Reading - Are Top Insiders Playing You For A Sucker?http://www.cnbc.com/id/3144...


Entry Point
It seems individual investors are shoveling money into the market. Inflows into equity funds have been very strong over the past four weeks, according to Trim Tabs Investment Research.

And that’s precisely why some pros are getting out. That right, the catalyst that some pros are using to short this market is --you, sucker!

Huh?

S&P 500 INDEX
(.SPX)
879.13 -3.55 (-0.4%%)
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Trimtabs president Charles Biderman is advising all his professional clients to turn entirely bearish on US stocks in part because you’re coming in.

He says individuals pointed to the market’s bottom with record outflows in March and now they’re pointing to the top with hefty inflows.



continue reading - http://www.cnbc.com/id/31446671


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