I know this looks bad to some people but the fact is that the peak was easy to identify and I myself was begging select friends/family who I thought might possibly listen to me to get out of mutuals at this exact same time for a couple weeks. The Feb 14th actually I think was the day I said "I won't be able to tell you again" which I believe was a friday. The Dow chart had a huge problem last Fall and was easy to see it would correct to that.
Imho this is misdirected nonsense towards him. insider trading is about company specific material information not publicly available. It's not about reading the markets. The chart problem was there for everyone to see. The inflated PEs and inflated book value was There for everyone to see. The tight Bollinger bands and discrepancies between pps and a/d line was There for all to see. A smooth controlled drop to approx 25500 was incredibly evident. And this has nothing to do with virus.
There are plenty of far worse things that could be looked at.
We could completely ban Congress from owning securities I suppose. Which might actually help make congess become more of a temporary custodialship position, which is how it's intended anyway. But so many have made a career of it as a self enriching scheme.
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