Margin Debt at Extreme Levels
Attached is the Free Credit less Total Margin Debt chart which is a lagging indicator as the data is a few months old, but shows an extreme reading of margin debt only seen in June 2007 and March 2011 in January this year. This means I believe that leverage is at very high levels.
isatrader
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.
Fate does not always let you fix the tuition fee. She delivers the educational wallop and presents her own bill - Reminiscences of a Stock Operator.