Re: TAKE >>> HEED !
in response to
by
posted on
Sep 11, 2009 10:40AM
We may not make much money, but we sure have a lot of fun!
While this is a bearish outlook one must keep in mind that those shares sold by insiders are either part of their retribution benefit or come to them at a huge retail price when not free and at the mean time their taking profit following some huge losses made last year .
So while they take advantage of the recent climb in stock prices this year they know next year they will get more free shares or discounted ones depending on their situation and at the same time avoid risk taking leaving us retail shareholder to support the market and deal with a possible market correction . Though we know all stocks are not equal and the US while diversified is more of a financial service an industrial high tech production country then a resource country like Canada or some others .
The outlook of insider in the US is based on their vision of the US economic future and while it remains by far the largest world economy , the rest of the world economy is reorganising and knowing well what's going on in the US .
A correction remains highly possible especialy in the US but i tend to believe for numerous reasons that it should remain within 10% if it happens and should quickly recoup from there on the outlook of increase demand for US goods as the US dollar should continue to dip slowly but surely untill export improvement spur by a lower US dollar improve industrial output and renew confidence in the US economy in a more distant future .
Right or wrong i remain more confident then less especialy in commodities of course for previous stated reasons , even if a correction should affect some industrial commodities on fears of a decrease in US demand i believe this should be short time .
Regards Tec !