Corporate insider bearishness at pre-2008 crash levels - Mark Hulbert - MarketWatch: "Supporting their argument is the ratio of the number of shares insiders have recently sold to the number recently bought. Lower ratios mean that the insiders on balance are bullish, while higher ratios mean they are more bearish. The historical average for this ratio, according to the Vickers Weekly Insider Report, a publication of Argus Research, is between 2-to-1 and 2.5-to-1.
At the top of the bull market in October 2007, just before the Great Recession and the worst bear market since the 1930s, this sell-to-buy ratio stood at a bullish 1.98-to-1."
'via Blog this'
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