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echoes of '87

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  • echoes of '87

    from bill fleckenstein's site:

    ... we keep seeing data points that hearken to 1987. Today, for example, Bloomberg noted that the ratio of insider sales to buys -- 63 to 1 -- is the highest since 1987. And, the latest report from Investors Intelligence shows bulls just shy of 60%, a weighting also seen in the summer of 1987.
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