DJIA dow jones industrials

like lambs to the slaughter ...

  1. 24,765 Posts.
    Why are insiders selling?

    Because they're not small trader outsiders proclaiming that the DJIA has started a new bull market and is on its way to record highs.

    Because they know how pathetic business and financial conditions in the USA really are - the sort of pathetic that the mainstream media spin and cheer leader commentators do not tell you, because we are in an Economic and Financial War.

    The first casualty of War is the Truth. In War the media is used as a propaganda tool. The unthinking masses believe the propaganda because it makes them feel better.

    ======================

    "U.S. home prices fell 18.7 percent on year in March: S&P
    Tue May 26, 2009 9:33am EDT

    NEW YORK (Reuters) - Prices of U.S. single-family homes in March fell 18.7 percent from a year earlier, while prices in the first quarter dropped at a record pace, according to the Standard & Poor’s/Case-Shiller Home Price Indices released on Tuesday.

    On a month-over-month basis, the index of 20 metropolitan areas fell 2.2 percent in March from February, S&P said in a statement.

    Price drops on both a month-over-month and year-over-year basis were worse than expectations based on a Reuters survey of economists.

    The composite index of 10 metropolitan areas declined 2.1 percent in March from February for a 18.6 percent year-over-year drop.

    "Declines in residential real estate continued at a steady pace into March," David M. Blitzer, Chairman of the Index Committee at Standard & Poor’s, said in a statement."

    Full article at http://www.reuters.com/article/businessNews/idUSTRE54P2WH20090526

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    Now did anyone pay attention to the real story? That being the nasty revision of the prior month. There has been no Green Shoot here at any time this year. Yet on the basis of ugly and getting uglier information like that some seriously believe the Dow is in a new bull market?

    We wonder if they will end up being lambs to the slaughter?
 
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