INSIDERS BUYERS' BOYCOTT:

Since the new administration has changed its economic strategy from "Holy S*** " to bullying up the economy and markets, with the help of the media, an unprecedented rally has Sprung up - so why aren't the corporate CEOs, et.al. buying up their stock recently? The ratio of Insider Sellers to Buyers has been at record lows - 2 and 3:1 a few weeks ago - why did it suddenly jump to 108:1 this week, with the few buyers jumping into healthcare stocks ( 1/3 the total of all sectors)?
Stephen Leuthold, a very savvy market veteran, says stocks are at the best valuation in his 45 years, calling for 1100 S&P500 this year. And technician Ned Davis says not to worry about going away in May.
Although Volume has finally picked up recently, it's nowhere near normal, considering the low prices that the Blue Chips are selling at.
Breadth-wise, both the McClellan Oscillator and Bullish Per Cent are near the top of their ranges, not surprising following the huge rally abetted by shortcovering and ETFs.
Here are the numbers:

MktSentiment. 4/17/2009 Prev. Week.....5Yr.HI......LOW

DJIA ………. 8131……….8083.………..14093............6626

Nasdaq………. 1673………1652…………2810.............1114

S&P500…….. 869………..856………….1561………..683

CBOE Eq. put/call ……57……….64……..…96-10/08….....46-1/03

VIX ………. 33.9…….36.5…….…….79..-10/08bull….10.0-7/05 bear

McClellan Osc………74………….71……………..108-1/09 bear...(-100)-10/08bull

McClelSum……….…595………..295……..…....1568-6/03.......-1514-10/08

Newsletter Surveys:

Inv.Intel -Bull:…..…43.2………..36……….…63 (12/04bear)...22.2-10/08bull

Bear:………… 34.1………37.1…………… 54.4.10/08.......16-6/03

AAII-Bull/Bear ……44.1/35.9…..35.7/44.3….…..18.9/70.3 n/a

Market Vane - T-Bond..64………..63……………..91………….59

Baltic Dry Index ……1682……..1478…………11700…………………663

Bullish%- …….…60………….53………….…88 -2/04bear.....2-10/08bull

*Insider corp sellers. 108:1……..16:1…. ………..108………….2.4:1 (11/08)

Mutual Fund Inflows .5B………….4B

ETF InflowsL……… (2.6B)… .4B

www.mktsentiment.blogspot.com is a free weekly display of important contrary opinion statistics, with the disclosure that eventual fees may be paid to the author from readers clicking on the website and/or the small ad at the top of the column.

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INSIDERS BUYERS' BOYCOTT: