Rev 6:5-6 And when He had opened the third seal, I heard the third living creature say, Come and see. And I looked, and lo, a black horse. And he sitting on it had a balance in his hand. (6) And I heard a voice in the midst of the four living creatures say, A choenix of wheat for a denarius, and three choenixes of barley for a denarius. And do not hurt the oil and the wine.

This rider represents hunger and famine. The horse he rides is black, a color that describes a famine-racked body.

A scale would be used to measure and carefully dole out food. The denarius was a Roman silver coin equal in value to the daily wage of a working man. There will only be enough food for every day and this will be seen in the financial health of our Global Economy which is due to fail soon.

Friday 23 September 2011

23/9/11 - Something Ominous Is Happening On Wall Street

Why the insiders have quit buying stocks

Commentary: The ratio of insider sales to purchases has jumped

By Brett Arends, MarketWatch
BOSTON (MarketWatch) — Something ominous is happening on Wall Street, but nobody has noticed.
The insiders have vanished.
Chief executives. Board members.
The head honchos. The people who know.
Just a few weeks ago, they were out in force, buying up shares in their own companies with both hands.
No longer. They’ve disappeared. Almost overnight.
“They’ve stopped buying,” says Charles Biderman, the chief executive of stock market research firm TrimTabs, which tracks the data. “Insiders aren’t buying this rally.”
Insider stock purchases, which surged above $100 million a day in the market slump last month, have now collapsed to just $13 million a day.
Meanwhile the ratio of insider sales to purchases has skyrocketed. Today insiders are dumping $7 in stock for each $1 that (other) insiders are buying. That’s a worrying ratio. Six weeks ago the amounts of purchases and sales were about equal.
It’s the kind of news that should give investors pause.
What insiders do with their own money is one of the stock market’s best barometers.
After all, who better than company executives know their own order books? Who knows the conditions in their industry better?
You find insiders typically buying heavily at the market lows — they did in 1987, in 1998, and they did during the financial crisis in 2008-9.
(You also typically find them cashing out big-time at the peak)
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