“The main purpose of the stock market is to make fools of as many men as possible.” – Bernard Baruch

The market is set to make a move…a very big move.

Insiders are dumping shares at record pace.

So is it time to sell?

After all, no one knows a company better than insiders. They see the day-to-day operations, the sales figures, expenses, and everything else. They know their business better than anyone else. Their business is what they do every day.

The most powerful people in the financial world are doing anything they can to prevent it. Central bankers fear it. CEOs hate it. Banks get destroyed by it.

Don’t worry though, they have banded together to beat it…at any cost. And you can rest assured, they will beat it. As for the costs, well, that’s a problem for tomorrow. Over the past few weeks though, a few of the world’s most successful investors have been getting prepared to protect themselves and profit from those eventual and virtually inevitable costs.

There aren’t too many hard and fast rules to be a successful investor.

After all, investing successfully at times requires you to flexible or rigid, take action in a plodding or swift manner, patient or impatient, and it all depends on ever-changing circumstances.

Bernard Baruch, one of the world’s most legendary speculators, said:s

“The main purpose of the stock market is to make fools of as many men as possible.”

Is this a “normal” market?

GM is bankrupt. Unemployment is rising every month. Oil prices are up 90% in six months. And the market goes up. Does it make any sense at all?

The dollar is out. The U.S. dollar index has fallen 5% in the last week.

Treasury bonds are quickly falling out of favor. The yield on 10-year Treasury bonds has climbed from 2.5% to almost 3.5% since March signaling inflation fears and an unwillingness to fund ballooning government borrowing.

Picture this…

Saudi Arabia just announced it was shutting down half of its oil production.

Gold is glittering more than ever. All the fundamentals are in place for a big run in gold. The “hot money” has found a new friend: gold and gold stocks. As we looked at a few days ago, the big money pension and mutual funds are betting big on gold too.

The thing is, though, despite all of the attention gold is getting, 95% of investors will miss the biggest prize of all. Here’s why.

What if I told you I found an investment opportunity so simple that even a two-year-old could make a fortune? Would you believe it?

Or would you say that’s impossible. Investing isn’t that easy. Investing successfully takes a lot of experience.

It’s impossible to deny we’re in a bear market rally. The leading indices have climbed in spectacular fashion over the past few weeks. They’re up about 30% across the board.

Despite it all, there are still very few true believers in this rally. Now, after the first down week in months, it looks like the bears may be awakening from their hibernation.

For years investors have debated whether the big money is the smart money.

The basic premise is the big money (the mutual, pension, and hedge funds) will buy into a “hot” sector. And continue buying into it as long as it keeps going up. The ongoing buying pushes prices up. As a result, the big money looks like the smart money most of the time.

The market recovery has helped out a lot of sectors. Leading commercial REITs have been raising cash. Funding for high-potential biotech stocks has resumed. Beaten up casino stocks have done exceptionally well.

It’s been a good two months for almost everything except for natural gas.

George Soros is one of the most successful investors in the world. His Quantum Fund averaged 30% annual returns for more than two decades. He’s also credited as the man who “broke the bank of England” when he scored an estimated $1 billion payday by betting big against the British pound. As you might expect, Soros has become a closely followed man in the financial markets.

Soros’ success has been a bit different than many of the other investing greats. He’s not one of the great value investors who deliver outsized returns over the long run like Warren Buffett, Marty Whitman, and David Dreman. He’s not a great stock picker who catches onto the next big thing very early.

In this environment, we anticipate that inflation will remain low. Indeed, given the sizable margin of slack in resource utilization and diminished cost pressures from oil and other commodities, inflation is likely to move down some…

Early Wednesday morning, that’s what Fed Chairman Ben Bernanke told a Congressional committee charged with overseeing (?) the economy.

The market’s move up and down seemingly without rhyme or reason most of the time. The short term is random. The long-term, however, is much more about growth and broad shifts in economic forces.

Of course, that doesn’t stop pundits from finding “reasons” why the markets move up and down. For instance, when the Dow opened up under 8,000 last Tuesday, swine flu was the natural scapegoat.

Andrew Grove once said:

“I’m a great believer in particularly being alert to changes that change something, anything, by an order of magnitude.”

To say it’s not often we get an opportunity like this is an understatement. Today we’re sitting down for an exclusive one-on-one with the man the New York Times calls “one of the most sought-after fund managers in the country…”

John P. Calamos, Sr., is the chairman, CEO, and founder of Calamos Investments (NASDAQ:CLMS). The firm dates back to 1977 and has become one of the leading investment management companies in the world. As of March 2009, the firm managed $23.5 billion in assets.

In just six weeks the S&P 500 has climbed about 30% and the broader, small-cap focused Russell 2000 has soared 40%. It’s the steepest rally in more than 70 years. The bulls are off and running.

Despite it all, very few people believe this rally can last. And it’s because there are still so very few people getting in on this rally, odds are it won’t end very soon.

The market just capped off a six-week rally. Almost no sector was left behind. Commodities, banks, technology…everything is up. Even shares of embattled commercial real estate companies have started to rebound.

The wild market swings have most investors just as wary as when the market was setting new lows. After six weeks of steady upswings, there still aren’t too many believers in this rally. The mainstream media echoes investor sentiment.