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Message: silver lining

silver lining

posted on Sep 10, 2008 04:43AM

Back on Aug 20, I posted that the INK Insider sentiment indicator had risen to 235%, the highest I have ever seen. ( under 70%-negative, 70-90%- neutral,over 90% positive). The market wide indicator this morning is 359.5% !! This is a combination of the tsx and the Venture exchanges.

The Tsx itself is showing a figure of 248% but the Venture is at 478.3% !!! In this crazy falling market insiders are buying their own companies.These are unbelievably positive figures and indicate that overall insiders are extremely optimistic about the future.

It is indeed a waiting game at this point,but to sell here would be the worst move you could make. Hurricanes are very dangerous, but if you understand them and prepare accordingly, you will survive and the sun will shine before long. GTLA Rico

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