3 replies to this topic

[James Quillian]

Patterns like the bearish evening star on the Nasdaq 100 attract government support.
The net is being strengthened. At some point it will not hold
The level of margin debt is starting to go parabolic. The June numbers released today show another huge increase.

[vitaminm]

May be traders buying inverse ETFs on margin !!

[Rightfield]

Is it possible that the rise in margin debt is a function of both longs and shorts increasing their bet at the same time? I am just curious and was wondering if anybody knew for sure...... btw, the current NDX candlestick pattern is not yet a bearish evening star pattern because of the absence of downside follow through today and last Friday. That would have required a close below the midpoint of the initial period of the reversal sequence which ideally must be a white main body candle. Best regards,

RF

[tommyt]

its true...some of these types have been seen reading this kind:

http://s117.photobuc...ernanke.jpg.png

http://s117.photobuc...esticks.jpg.png

http://s117.photobuc...nicians.jpg.png

Edited by tommyt, 23 July 2007 - 11:53 PM.