Insider Trades:

The pattern among insiders continues to be on the sell side. Who knows about a company's future better than an insider? From time to time I report trends in insider activity. I focus mainly on company directors and executive officers. Here's a glimpse of what has happened this week:

Tuesday 11-15-05 B139 S357
Standout Buys: EL, TE, ULBI, MWY
Standout Sells: MSFT, NKE, BRCM, RYL

Wednesday 11-16-05 B95 S215
Standout Buys: HET, KO, PHM, BAC, HTV
Standout Sells: MSFT, GOOG, DNA

Today 11-17-05 B86 S255
Standout Buys: MWY, WTNY, HTV, CWEI, HSY
Standout Sells: GOOG, CSCO, MHS, KMG, DNA, GLW, MSFT, ERTS

Comments: GOOG insiders have been big sellers for several months. I would love to short this stock, but Wall Street keeps pumping the stock and short sellers are panicking and driving the stock higher. One day, this will be the short of a lifetime.

The financial media has been pumping MSFT to investors as well. MSFT insiders have been big sellers as well. While they are pumping, insiders are dumping. CSCO's CEO, John Chambers, sold 1,379,107 shares @ $17.11-17.30. He still has 3.1 million shares left.

DNA and GLW hav also seen steady selling by insiders.

TODAY'S NEWS:

1) GM is being dogged, and speculation of bankruptcy is growing. Billionaire investor Kirk Kerkorian has bought a substantial stake in the company, and is rarely wrong. That being said, he is no dummy either. Anyone who accumulates positions as large as he has, also protects themselves with long term put options to protect their downside.

2) Limited (LMT) announced a loss of $12.31 million or $0.03 per share for the third quarter. The Christmas selling season will be driven by upscale companies, as well as discounters and niche' players like Wal-Mart (WMT) and Best Buy (BBY). Middle of the road retailers will probably suffer the most.