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Margin debt hits record


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#1 dcengr

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Posted 20 February 2007 - 04:18 PM

Because the value of the buck isn't what it used to be.

Still, what I would find useful (and I haven't looked at it yet), is how much of the recent gains were fueled by margin vs cash.

Would just be a simple SPX/margin and see if the slope is increasing or decreasing. If its decreasing, then my "guess" is that recent gains were more on margin than not.

Just glancing at the data, it would appear that since august, the slope of SPX/margin has been decreasing. But I don't know at what extreme it would signal some sort of top since the data is monthly, and only goes back to about 2000.

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Qui custodiet ipsos custodes?

#2 briarberry

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Posted 20 February 2007 - 04:45 PM

Cross Currents say that margin debt is worth 1.7% of market capitalization in March 2000 the level peaked below 1.7%

#3 da_cheif

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Posted 20 February 2007 - 04:54 PM

Because the value of the buck isn't what it used to be.

Still, what I would find useful (and I haven't looked at it yet), is how much of the recent gains were fueled by margin vs cash.

Would just be a simple SPX/margin and see if the slope is increasing or decreasing. If its decreasing, then my "guess" is that recent gains were more on margin than not.

Just glancing at the data, it would appear that since august, the slope of SPX/margin has been decreasing. But I don't know at what extreme it would signal some sort of top since the data is monthly, and only goes back to about 2000.

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why wouldnt you put to much into it........rising margin debt is bullish as H+LL......