Today's post market analysis

Well, I was correct that the market started selling off when Barack Obama started his news conference. The Dow was up to 253 when he began speaking but then quickly dropped to up only 90 points. After he finished his news conference the market went back up and ended at 248. This was very close to where Barack Obama started his speaking. What does this mean. Well, first, it was very predictable that the powerful don't like the idea of an Obama Administration. Secondly, with such terrible Unemployment numbers today, the market rally did not make sense and we know it is going to much worse.

So if I were any of you today, I would have been buying more Ultra Short ETF Funds on the S&P 500 Index, symbol SDS, and on the Dow, symbol DXD. The fact you ventured in today shows your courage. My goal is to have you preserve capital and at the same time use the trend as a friend. The trend now is down or flat, not really up.

One indicator I thought particularly illuminating was Insider Trading. I have been watching this indicator the past few weeks and have noticed that the ratio of Insiders Buying vs Selling favored the Sellers. The ratio was that for every Dollar Insiders were using to buy shares of their company, there were 3-4 dollars in selling of shares. Today was much more dramatic but that is only because 5 Insiders sold 7.5 Million shares of Marriott International Inc. today That made the ratio over $15 of Sellers to every Insider buying with $1 dollar.