CEO's know that their store inventories aren't moving, so why not take some cash when the pickings are good. They will buy some back when the prices are juicy. CNBC really jacked up this rally day after day, leaving those newbies holding the bag.
Excellent story...THIS is the meat of the matter. And of course, GS through its Govt funded money is propping up this sell-off rally just in time for the average joe to take the slide down...what a beautifully orchestrated scam. GS would say, hey "if you don't know what you're getting into, then don't deal in the market", but what they forget is that they are controlling all the market moves and using our money to do it with...where is the Govt in protecting its citizens:-(