Wednesday, April 18, 2007

Insiders keeping their stock

Mark Hulbert says that insiders are not selling into the current rally (article). Insiders tend to be early so this is good news as the market is near or at all time highs.

Technically, parts of the stock market look to be extended. However, other segments look like they may be ready for a sustained rally. In particular, the QQQQ has a nice tight base (chart).

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