Jump to content



Photo

Do Fed intervention bottoms typically get tested?


  • Please log in to reply
4 replies to this topic

#1 spielchekr

spielchekr

    Member

  • Traders-Talk User
  • 3,104 posts

Posted 13 August 2007 - 07:45 AM

Or are they untouchable? Just curious and would like to know.

#2 redfoliage2

redfoliage2

    Member

  • Traders-Talk User
  • 18,053 posts

Posted 13 August 2007 - 07:49 AM

Or are they untouchable? Just curious and would like to know.

With already a double bottom on the daily chart, I see another test of the low a small chance.

#3 relax

relax

    Member

  • Traders-Talk User
  • 2,224 posts

Posted 13 August 2007 - 07:53 AM

Hi, I've seen charts showing insider buying at very high levels - how important do you guys think this is - has it been a good indicator previously

#4 spielchekr

spielchekr

    Member

  • Traders-Talk User
  • 3,104 posts

Posted 13 August 2007 - 08:04 AM

Hi,
I've seen charts showing insider buying at very high levels - how important do you guys think this is - has it been a good indicator previously


I suppose insiders must have known of an upcoming bailout, since that's exactly what has justified their buying.

#5 ogm

ogm

    Member

  • Traders-Talk User
  • 13,780 posts

Posted 13 August 2007 - 08:17 AM

I think Insiders just don't see their business is falling apart and see value in their stocks. Insider selling has been also very low lately. At the top in 2000 insider selling was very high for example.