Reply #14: Stop Thinking The 30% Stock Rally Means The Bear Market Is Over [View All]

By Henry Blodget

Now that stocks have rallied nearly 30% off their low, pundits agree: It’s a new bull market. So be very afraid.

Market punditry is a lagging indicator, not a leading one. Pundits are excellent at describing what has happened, not what is going to happen.

But doesn’t the 30% rally off the bottom obviously mean that the bears are fools, that it’s finally safe to get back in the water? No. It doesn’t obviously mean anything.

…more…

http://www.businessinsider.com/henry-blodget-stop-thinking-the-30-stock-rally-means-the-bear-market-is-over-2009-5

Also:

Insiders Selling Like Crazy

We're not convinced that insiders are really the smart money everyone assumes them to be. But either way, they're sending one message: head for the door!

Rather than take advantage of stock prices that are still at historically low valuations, insiders are taking advantage of the aggressive run up in stocks and cashing out.

http://www.businessinsider.com/insiders-selling-like-crazy-2009-4