Trade the Cycles

Saturday, May 06, 2006

Mr. Wayne Murdy, Chairman of Newmont Mining, Sold 78,030 Shares 0n 5-2-06

Mr. Wayne Murdy, Chairman of Newmont Mining, sold 78,030 shares 0n 5-2-06, one day after NEM hit a monthly cycle high, resulting in proceeds of approximately $4.5 Million. His timing in the past has been good
and this is obviously a large meaningful insider sale.
This is another major factor that supports the substantial correction scenario.
Other NEM insiders also made substantial sales recently. See http://finance.yahoo.com/q/it?s=nem for NEM insider activity. ....... http://www.JoeFRocks.com/