For well over a year we have written here and reported to friends and partners primarily in Quebec that the officers and directors of the major American companies have been selling their own personally owned stocks at the highest rate in history. The last six months have often seen sales of U.S dollar values of over $1,000,000,000 per week !!! Note well that the “one billion dollars per week” amount merely represents the largest ten officers and directors’ sales and not what may be hundreds of other sales not in the largest ten sales. “Insider Sales” is such an important and accurate indicator that a major stock market decline is forthcoming that one would think that business television would report it. But they don’t!  People have complained to us bitterly that they rarely ever see insider sales or hear it mentioned on business television; they find out too late. Many investors believe that they (business television people) do not want to see the investing public aware of the heavy selling as it interferes with their advertising revenue. That must be just an ugly rumor as it would be down-right un-American and un-Canadian as well.  Yeah sure. I did appear on television over seventy times in the U.S. and Canada so I have experienced the “goings on.” As we are probably commencing a harsh bear market, we believe that the investing public should be at least forewarned. In an industry having such little credibility one would think that any accurate indicator(s) that would benefit the […]