opportunity knocks every monday, page-8

According to Terry Laundry, insider selling is at a record high. This put together with high readings on bullish percentage on equities suggests that the top is either in or near for the short term.

Laundry has been fairly accurate with his analysis. Having said that he rarely commits to a view choosing rather to make comments that would be open to interpretation (so he won't get it wrong.... even if he really does).

Initially, Laundry was confident of a late August high which didn't eventuate. Now with the help of a few of his followers, an early/mid November high was predicted which so far has some merit.

He is expecting a low for early/mid December.

I'm still short and holding. Not overly confident in the position (usually a good thing in my experience).