Below is the data from what the insiders were doing yesterdays. Some of the major sales went to GOOG, AZO, and ORCL. Now if the insiders are dumping these companies why would one want to invest long term going against the people that work there. Yesterday was not a record for insider outflows but was above the $50million 20MA. Also buys yesterday were below the 20MA.
10/7/2008
$23,876,621.00 Total $Buys
$280,656,623.00 Total $Sell
0.085074141
Yesterday i was tested a little on my option tracking. That is great because we could have been watching totally different data. Below is yesterdays data for EQUITY only on the CBOE.
10/7/2010 (This is neutral in my book)
9,341,983.00 Call
6,856,075.00 Puts
0.733899323 Ratio
Here is the 6th
10/6/2010
10,820,823.00 Calls
5,836,047.00 Puts
0.539334855 Ratio
Here is the 5th
10/5/2010
10,161,416.00 Call
6,006,272.00 Puts
0.591086124 Ratio
Tracking this is important because major players or holders will buy puts for protection or sell calls when overvalued.
Friday, October 8, 2010
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