"The New York Stock Exchange announced in March of 2000 that margin debt was at 278.5 billion dollars. The severity of the decline was felt like a tidal wave by mid April of 2000. The New York Stock Exchange announced in February 2007 that the margin debt was an all-time record 285.6 billion dollars. Is another tidal wave already speeding toward the shore line? I think so!"
Must have read my mind.
Quote from volente_00:
You have some good points but why is retail margin debt back at an all time high ? The last time people borrowed this much to trade signalled the top of the last bull. This time is different right ?
http://www.thestreet.com/markets/marketfeatures/901067.html
http://bigpicture.typepad.com/comments/2007/01/margin_debt_up_.html
Must have read my mind.
