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I disagree Anonymous. I think we are going down from here. Next month's data may show a reduction in debt but it will be too late. It is a lagging indicator.
but there s usually a three month lead time in the decrease of margin debt to a decrease in stock prices.So there s time- once you see the margin debt take a decent tumble.We shall see.
Bouraq...just noticed the August margin debt #s were released this morning.382.6 vs 382.1 in July.No decrease.Should be very bullish.Cheers.
ReplyDeleteI disagree Anonymous. I think we are going down from here. Next month's data may show a reduction in debt but it will be too late. It is a lagging indicator.
ReplyDeletebut there s usually a three month lead time in the decrease of margin debt to a decrease in stock prices.So there s time- once you see the margin debt take a decent tumble.We shall see.
ReplyDeleteYes we shall see. Thanks for the update.
ReplyDelete