Member
Posted 20 April 2018 - 02:05 PM
They have been selling it all day long and as we enter the last hour the markets are precariously perched on a thin ledge that can give away .... 2645 SPX is some way down there.
On the other hand, bulls can mount a comeback that can take it back to 2700.
Member
Posted 20 April 2018 - 02:23 PM
Member
Posted 20 April 2018 - 02:50 PM
If so margin debt will be the barrel over the water fall...along with the market.
Apple has broken a major support level. Maybe a helmet would be the right attire.
Too bad the reporting on margin debt is so late, delayed for a month and sometimes more. One has to guess what going on in the interim.
My guess, the big boys are desperately trying to quietly get off margin.
"If you've heard this story before, don't stop me because I'd like to hear it again," Groucho Marx (on market history?).
“I've learned in options trading simple is best and the obvious is often the most elusive to recognize.”
"The god of trading rewards persistence, experience and discipline, and absolutely nothing else."
