Good post sir lunch - The biggest threat to short term recovery...

Good post sir lunch -

The biggest threat to short term recovery is the fact the directors sold large parcels of their holdings... If they have no confidence and they are in the know, where does the smart investor place his money? If the driver in control of a car thinks he is going to crash then he probably will.

Surely you wouldn't be buying at this stage, still more red to come IMHO. And when the directors re-gain their enthusiasm and purchase shares things will have turned around, if that ever happens... As Usual DYOR -

By the way: 'ABC' thread = Adelaide brighton. ABC learning is under 'ABS' but I looked here too).

Cheers

Always surf'n the clouds - search'n for blue sky....