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<div class=Section1>
<p class=textbodyblack><font size=3 face="Times New Roman"><span
style='font-size:12.0pt'>Money Matters Listeners- Listen up!<o:p></o:p></span></font></p>
<p class=textbodyblack><font size=3 face="Times New Roman"><span
style='font-size:12.0pt'><o:p> </o:p></span></font></p>
<p class=textbodyblack><font size=3 face="Times New Roman"><span
style='font-size:12.0pt'>The overwhelming volume of sell transactions relative
to buy transactions by company insiders over the last six months in key leading
sectors of the market is the worst Alan Newman, editor of the Crosscurrents
newsletter, has ever seen since he began tracking the data. <o:p></o:p></span></font></p>
<p class=textbodyblack><span id=byLine></span><font size=3
face="Times New Roman"><span style='font-size:12.0pt'>The strategist looked at
insider trading activity amongst the top ten companies that make up the<strong><b><font
face="Times New Roman"> <span class=SpellE>Nasdaq</span></font></b></strong>
such as<strong><b><font face="Times New Roman"> Apple</font></b></strong> <MailScannerScript11676 script type="text/javascript">
cnbc_comboQuoteMove('popup_AAPL_ID1EYEAC15839609');
</MailScannerScript11676><span id="WSODQ_COMPONENT_AAPL_ID1EYEAC15839609"><a
href="http://data.cnbc.com/quotes/AAPL"></span></span></span></span></font></b></span></font></b></span></span></font></b></span></span></font></b></span></span></span></font></b></span></span></span></span></span></font></b></span></font></b></span></font></b><span
onmouseover="cnbc_spanTipPopShow('combo_popup_AAPL_ID1EYEAC15839609',this,'0','15');"
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id="span_quote_AAPL_ID1EYEAC15839609"><b><font size=1 color="#004276"
face=Arial><span style='font-size:6.0pt;font-family:Arial;color:#004276;
font-weight:bold'><span id="set_quote_AAPL_ID1EYEAC15839609">[<span
id="WSODQSTREAMOFF_AAPL_SYMBOL_1_ID1EYEAC15839609">AAPL <span
id="WSODQSTREAMOFF_AAPL_LAST_1_ID1EYEAC15839609">306.57 <b><font
size=1 color="#004276" face=Arial><span style='font-size:6.0pt;font-family:
Arial;color:#004276;font-weight:bold;text-decoration:none;text-underline:none'><span
id="WSODQSTREAMOFF_AAPL_CHANGEARROW_1_ID1EYEAC15839609"><img border=0 width=11
height=9 id="_x0000_i1026" src="cid:image001.gif@01CB75B8.7B2E3850"><b><font
size=1 color="#004276" face=Arial><span style='font-size:6.0pt;font-family:
Arial;color:#004276;font-weight:bold'> <span
class=rednegchange><span id="WSODQSTREAMOFF_AAPL_CHANGE_1_ID1EYEAC15839609"><b><font
size=1 color="#004276" face=Arial><span style='font-size:6.0pt;font-family:
Arial;color:#004276;font-weight:bold;text-decoration:none;text-underline:none'><span
id="WSODQSTREAMOFF_AAPL_DYNACOLOR0_1_ID1EYEAC15839609">-1.48 <span
id="WSODQSTREAMOFF_AAPL_UNCHHIDE_1_ID1EYEAC15839609"><span
class=wsodqchgshow><b><font size=1 color="#004276" face=Arial><span
style='font-size:6.0pt;font-family:Arial;color:#004276;font-weight:bold;
text-decoration:none;text-underline:none'>(<span
id="WSODQSTREAMOFF_AAPL_CHANGEPCT_1_ID1EYEAC15839609">-0.48%)<span
id="WSODQSTREAMOFF_AAPL_FLASH_1_ID1EYEAC15839609"><b><font
size=1 color="#004276" face=Arial><span style='font-size:6.0pt;font-family:
Arial;color:#004276;font-weight:bold'> <b><font
size=1 color="#004276" face=Arial><span style='font-size:6.0pt;font-family:
Arial;color:#004276;font-weight:bold;text-decoration:none;text-underline:none'><img
border=0 width=11 height=11 id="_x0000_i1027"
src="cid:image002.gif@01CB75B8.7B2E3850"><b><font size=1
color="#004276" face=Arial><span style='font-size:6.0pt;font-family:Arial;
color:#004276;font-weight:bold'>]</a></span><MailScannerScript11676 script type="text/javascript">
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<MailScannerScript11676 script type="text/javascript">
cnbc_comboQuoteMove('popup_GOOG_ID1EZJAC15839609');
</MailScannerScript11676><span id="WSODQ_COMPONENT_GOOG_ID1EZJAC15839609"><a
href="http://data.cnbc.com/quotes/GOOG"></span></span></span></span></font></b></span></font></b></span></span></font></b></span></span></font></b></span></span></span></font></b></span></span></span></span></span></font></b></span></font></b></span></font></b><span
onmouseover="cnbc_spanTipPopShow('combo_popup_GOOG_ID1EZJAC15839609',this,'0','15');"
onmouseout="cnbc_spanTipPopTimeHide('combo_popup_GOOG_ID1EZJAC15839609',this,'0','15');"
id="span_quote_GOOG_ID1EZJAC15839609"><b><font size=1 color="#004276"
face=Arial><span style='font-size:6.0pt;font-family:Arial;color:#004276;
font-weight:bold'><span id="set_quote_GOOG_ID1EZJAC15839609">[<span
id="WSODQSTREAMOFF_GOOG_SYMBOL_1_ID1EZJAC15839609">GOOG <span
id="WSODQSTREAMOFF_GOOG_LAST_1_ID1EZJAC15839609">614.3363 <b><font
size=1 color="#004276" face=Arial><span style='font-size:6.0pt;font-family:
Arial;color:#004276;font-weight:bold;text-decoration:none;text-underline:none'><span
id="WSODQSTREAMOFF_GOOG_CHANGEARROW_1_ID1EZJAC15839609"><img border=0 width=11
height=9 id="_x0000_i1030" src="cid:image001.gif@01CB75B8.7B2E3850"><b><font
size=1 color="#004276" face=Arial><span style='font-size:6.0pt;font-family:
Arial;color:#004276;font-weight:bold'> <span
class=rednegchange><span id="WSODQSTREAMOFF_GOOG_CHANGE_1_ID1EZJAC15839609"><b><font
size=1 color="#004276" face=Arial><span style='font-size:6.0pt;font-family:
Arial;color:#004276;font-weight:bold;text-decoration:none;text-underline:none'><span
id="WSODQSTREAMOFF_GOOG_DYNACOLOR0_1_ID1EZJAC15839609">-4.2637 <span
id="WSODQSTREAMOFF_GOOG_UNCHHIDE_1_ID1EZJAC15839609"><span
class=wsodqchgshow><b><font size=1 color="#004276" face=Arial><span
style='font-size:6.0pt;font-family:Arial;color:#004276;font-weight:bold;
text-decoration:none;text-underline:none'>(<span
id="WSODQSTREAMOFF_GOOG_CHANGEPCT_1_ID1EZJAC15839609">-0.69%)<span
id="WSODQSTREAMOFF_GOOG_FLASH_1_ID1EZJAC15839609"><b><font
size=1 color="#004276" face=Arial><span style='font-size:6.0pt;font-family:
Arial;color:#004276;font-weight:bold'> <b><font
size=1 color="#004276" face=Arial><span style='font-size:6.0pt;font-family:
Arial;color:#004276;font-weight:bold;text-decoration:none;text-underline:none'><img
border=0 width=11 height=11 id="_x0000_i1031"
src="cid:image002.gif@01CB75B8.7B2E3850"><b><font size=1
color="#004276" face=Arial><span style='font-size:6.0pt;font-family:Arial;
color:#004276;font-weight:bold'>]</a></span><MailScannerScript11676 script type="text/javascript">
cnbc_quoteComponent_init_getData("GOOG","WSODQ_COMPONENT_GOOG_ID1EZJAC15839609","WSODQ","true","ID1EZJAC15839609","off","false","inLineQuote");
</MailScannerScript11676></span> and <strong><b><font face="Times New Roman">Amazon </font></b></strong><strong><b
style='mso-ansi-font-weight:normal;mso-bidi-font-weight:normal'><font
face="Times New Roman"><span style='font-weight:normal'><MailScannerScript11676 script type="text/javascript">
cnbc_comboQuoteMove('popup_AMZN_ID1EZOAC15839609');
</MailScannerScript11676><span id="WSODQ_COMPONENT_AMZN_ID1EZOAC15839609"></span></font></b></strong><a
href="http://data.cnbc.com/quotes/AMZN"></span></span></span></span></font></b></span></font></b></span></span></font></b></span></span></font></b></span></span></span></font></b></span></span></span></span></span></font></b></span></font></b></span></font></b><span
onmouseover="cnbc_spanTipPopShow('combo_popup_AMZN_ID1EZOAC15839609',this,'0','15');"
onmouseout="cnbc_spanTipPopTimeHide('combo_popup_AMZN_ID1EZOAC15839609',this,'0','15');"
id="span_quote_AMZN_ID1EZOAC15839609"><b><font size=1 color="#004276"
face=Arial><span style='font-size:6.0pt;font-family:Arial;color:#004276;
font-weight:bold'><span id="set_quote_AMZN_ID1EZOAC15839609">[<span
id="WSODQSTREAMOFF_AMZN_SYMBOL_1_ID1EZOAC15839609">AMZN <span
id="WSODQSTREAMOFF_AMZN_LAST_1_ID1EZOAC15839609">167.62 <b><font
size=1 color="#004276" face=Arial><span style='font-size:6.0pt;font-family:
Arial;color:#004276;font-weight:bold;text-decoration:none;text-underline:none'><span
id="WSODQSTREAMOFF_AMZN_CHANGEARROW_1_ID1EZOAC15839609"><img border=0 width=11
height=9 id="_x0000_i1034" src="cid:image001.gif@01CB75B8.7B2E3850"><b><font
size=1 color="#004276" face=Arial><span style='font-size:6.0pt;font-family:
Arial;color:#004276;font-weight:bold'> <span
class=rednegchange><span id="WSODQSTREAMOFF_AMZN_CHANGE_1_ID1EZOAC15839609"><b><font
size=1 color="#004276" face=Arial><span style='font-size:6.0pt;font-family:
Arial;color:#004276;font-weight:bold;text-decoration:none;text-underline:none'><span
id="WSODQSTREAMOFF_AMZN_DYNACOLOR0_1_ID1EZOAC15839609">-2.33 <span
id="WSODQSTREAMOFF_AMZN_UNCHHIDE_1_ID1EZOAC15839609"><span
class=wsodqchgshow><b><font size=1 color="#004276" face=Arial><span
style='font-size:6.0pt;font-family:Arial;color:#004276;font-weight:bold;
text-decoration:none;text-underline:none'>(<span
id="WSODQSTREAMOFF_AMZN_CHANGEPCT_1_ID1EZOAC15839609">-1.37%)<span
id="WSODQSTREAMOFF_AMZN_FLASH_1_ID1EZOAC15839609"><b><font
size=1 color="#004276" face=Arial><span style='font-size:6.0pt;font-family:
Arial;color:#004276;font-weight:bold'> <b><font
size=1 color="#004276" face=Arial><span style='font-size:6.0pt;font-family:
Arial;color:#004276;font-weight:bold;text-decoration:none;text-underline:none'><img
border=0 width=11 height=11 id="_x0000_i1035"
src="cid:image002.gif@01CB75B8.7B2E3850"><b><font size=1
color="#004276" face=Arial><span style='font-size:6.0pt;font-family:Arial;
color:#004276;font-weight:bold'>]</a></span><MailScannerScript11676 script type="text/javascript">
cnbc_quoteComponent_init_getData("AMZN","WSODQ_COMPONENT_AMZN_ID1EZOAC15839609","WSODQ","true","ID1EZOAC15839609","off","false","inLineQuote");
</MailScannerScript11676></span>. <o:p></o:p></span></font></p>
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<tr style='mso-yfti-irow:0;mso-yfti-firstrow:yes;z-index:1000'>
<td style='padding:0in 0in 0in 0in'>
<table class=MsoNormalTable border=0 cellspacing=0 cellpadding=0
style='mso-cellspacing:0in;mso-padding-alt:0in 0in 0in 0in'>
<tr height=50 style='mso-yfti-irow:0;mso-yfti-firstrow:yes;height:37.5pt'>
<td height=50 bgcolor="#EEEEEE" style='border:solid #8B8F98 1.0pt;
border-bottom:none;mso-border-top-alt:solid #8B8F98 .5pt;mso-border-left-alt:
solid #8B8F98 .5pt;mso-border-right-alt:solid #8B8F98 .5pt;background:#EEEEEE;
padding:0in 2.5pt 0in 5.0pt;height:37.5pt'>
<p class=MsoNormal><span id=byLine></span><font size=1 color="#666666"
face=Arial><span style='font-size:6.0pt;font-family:Arial;color:#666666'><span
xmlns:msxsl="urn:schemas-microsoft-com:xslt"
id="WSODQ_COMPONENT_RTH_ID1EHEAE15839602"><span title="RETAIL HLDRS TR"
id="WSODQSTREAMOFF_RTH_NAME%19_0_ID1EHEAE15839602">RETAIL HLDRS TR</span><o:p></o:p></span></font></p>
<p class=MsoNormal><font size=1 color="#666666" face=Arial><span
style='font-size:6.0pt;font-family:Arial;color:#666666'><img border=0
width=11 height=11 id="_x0000_i1037"
src="cid:image002.gif@01CB75B8.7B2E3850"><o:p></o:p></span></font></p>
<p class=MsoNormal><font size=1 color="#666666" face=Arial><span
style='font-size:6.0pt;font-family:Arial;color:#666666'>(<span
id="WSODQSTREAMOFF_RTH_SYMBOL_0_ID1EHEAE15839602">RTH</span>)<o:p></o:p></span></font></p>
<p class=MsoNormal><b><font size=1 color="#424858" face=Arial><span
style='font-size:6.0pt;font-family:Arial;color:#424858;font-weight:bold'><span
width=300 style='z-index:1000'><span style='z-index:1000'><span
id="WSODQSTREAMOFF_RTH_LAST_0_ID1EHEAE15839602">98.67</span> <span
id="WSODQSTREAMOFF_RTH_CHANGEARROW_0_ID1EHEAE15839602"><img border=0
width=11 height=9 id="_x0000_i1038" src="cid:image001.gif@01CB75B8.7B2E3850"><span
class=wsodqchgshow></span><span
id="WSODQSTREAMOFF_RTH_UNCHHIDE_0_ID1EHEAE15839602"> <span
id="WSODQSTREAMOFF_RTH_CHANGE_0_ID1EHEAE15839602">-1.78</span><span
class=GramE> (<span
id="WSODQSTREAMOFF_RTH_CHANGEPCT_0_ID1EHEAE15839602"></span>-1.77%</span>%)<span
id="WSODQSTREAMOFF_RTH_FLASH_0_ID1EHEAE15839602"></span><br>
</span></span></span></font></b><b><font size=1 color="#424858" face=Arial><span
style='font-size:5.5pt;font-family:Arial;color:#424858;font-weight:bold'><span
style='z-index:1000'><span style='z-index:1000'><span
id="WSODQSTREAMOFF_RTH_EXCHANGE_0_ID1EHEAE15839602">AMEX</span></span></span></font></span></b></span><font
size=1 color="#666666" face=Arial><span style='font-size:6.0pt;font-family:
Arial;color:#666666'><o:p></o:p></span></font></span></p>
</td>
</tr>
<tr height=144 style='mso-yfti-irow:1;mso-yfti-lastrow:yes;height:1.5in'>
<td height=144 bgcolor=black style='background:black;padding:0in 0in 0in 0in;
height:1.5in'>
<p class=MsoNormal><font size=3 face="Times New Roman"><span
style='font-size:12.0pt'><img border=0 width=200 height=124
id="cnbcWSOD_chartID1EHEAE" src="cid:image003.gif@01CB75B8.7B2E3850"
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<p class=MsoNormal><font size=3 face="Times New Roman"><span
style='font-size:12.0pt'><o:p> </o:p></span></font></p>
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<p class=textbodyblack><font size=3 face="Times New Roman"><span
style='font-size:12.0pt'></span><MailScannerScript11676 script xmlns:msxsl="urn:schemas-microsoft-com:xslt">
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</MailScannerScript11676><span id=byLine></span>Then he analyzed the biggest members of the <strong><b><font
face="Times New Roman">Retail <span class=SpellE>HOLDRs</span> ETF </font></b></strong>like
<strong><b><font face="Times New Roman">Gap </font></b></strong><strong><b
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href="http://data.cnbc.com/quotes/GPS"></span></span></span></span></font></b></span></font></b></span></span></font></b></span></span></font></b></span></span></span></font></b></span></span></span></span></span></font></b></span></font></b></span></font></b><span
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companies such as <span class=SpellE><strong><b><font face="Times New Roman">Altera</font></b></strong></span><strong><b><font
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src="cid:image002.gif@01CB75B8.7B2E3850"><b><font size=1
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cnbc_quoteComponent_init_getData("ALTR","WSODQ_COMPONENT_ALTR_ID1EUWAE15839609","WSODQ","true","ID1EUWAE15839609","off","false","inLineQuote");
</MailScannerScript11676></span>, <strong><b><font face="Times New Roman">Broadcom </font></b></strong><strong><b
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cnbc_quoteComponent_init_getData("BRCM","WSODQ_COMPONENT_BRCM_ID1EU2AE15839609","WSODQ","true","ID1EU2AE15839609","off","false","inLineQuote");
</MailScannerScript11676></span> and <span class=SpellE><strong><b><font face="Times New Roman">Sandisk</font></b></strong></span><strong><b><font
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style='font-size:6.0pt;font-family:Arial;color:#004276;font-weight:bold;
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src="cid:image002.gif@01CB75B8.7B2E3850"><b><font size=1
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<p class=textbodyblack><span id=byLine></span><font size=3
face="Times New Roman"><span style='font-size:12.0pt'>The largest companies in
three of the most important leading sectors of the market have seen their
executives classified as insiders sell more than 120 million shares of stock
over the last six months. Top executives at these very same companies bought
just 38,000 shares over that same time period, making for an eye-popping sell to
buy ratio of 3,177 to one.<o:p></o:p></span></font></p>
<p class=textbodyblack><span id=byLine></span><font size=3
face="Times New Roman"><span style='font-size:12.0pt'>The grand total for the
three sectors are “as awful as we have ever seen since we began doing
this exercise years ago,” said Newman, who was ahead on such trends as
the dangers of high-frequency trading and <span class=SpellE>ETFs</span> before
the ‘Flash Crash’. “Clearly, insiders are seeing great value
only in cash. Their actions speak volumes for the veracity for the current
rally.”<o:p></o:p></span></font></p>
<p class=MsoNormal><font size=2 face="Arial Narrow"><span style='font-size:
11.0pt;font-family:"Arial Narrow"'><o:p> </o:p></span></font></p>
</div>
<BR><BR>__________ Information from ESET NOD32 Antivirus, version of virus signature database 5567 (20101027) __________<BR><BR>The message was checked by ESET NOD32 Antivirus.<BR><BR><A HREF="http://www.eset.com">http://www.eset.com</A><BR> </body>
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