Edited by xD&Cox, 04 March 2007 - 01:41 PM.
question about online retail brokers
#1
Posted 04 March 2007 - 01:39 PM
#2
Posted 04 March 2007 - 02:19 PM
According to NASD, 5 business (trading) days.when do they usually send out margin calls... tomorrow will be the 5th trading days. from my recollection, 7 days or so but maybe changed .
#3
Posted 04 March 2007 - 02:34 PM
Traditionally, this is viewed as a sentiment indicator reflecting extreme bullishness. The interpretation is bearish and contrarian.
Edited by Rogerdodger, 04 March 2007 - 02:38 PM.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.
#4
Posted 04 March 2007 - 03:24 PM
#6
Posted 04 March 2007 - 04:45 PM
The amount of margin debt hit a record 285 billion on January on the New York Stock Exchange. The last time margin debt hit this level was at the height of the dot-com boom in March 2000 ~ just ahead of a two year decline in stock prices.
Traditionally, this is viewed as a sentiment indicator reflecting extreme bullishness. The interpretation is bearish and contrarian.
Roger - Your post alludes to the fact that "all the margin debt", is on the long side. Margin Debt, when given, is a "collective margin debt", is that not so? Meaning of course, that "collective margin debt", is a figure that includes both "long" and "short' margin debt. Please correct me, if I am wrong. If it is indeed a "combination" of both long and short, I would not get too excited about it.
#7
Posted 04 March 2007 - 04:52 PM
#8
Posted 04 March 2007 - 09:41 PM
The amount of margin debt hit a record 285 billion on January on the New York Stock Exchange. The last time margin debt hit this level was at the height of the dot-com boom in March 2000 ~ just ahead of a two year decline in stock prices.
Traditionally, this is viewed as a sentiment indicator reflecting extreme bullishness. The interpretation is bearish and contrarian.
Roger - Your post alludes to the fact that "all the margin debt", is on the long side. Margin Debt, when given, is a "collective margin debt", is that not so? Meaning of course, that "collective margin debt", is a figure that includes both "long" and "short' margin debt. Please correct me, if I am wrong. If it is indeed a "combination" of both long and short, I would not get too excited about it.
You may have a valid point. And I hear some debate both ways.
One blog:
The WSJ noted For the monthly period ending Feb. 15, the number of short-selling positions not yet closed out at NYSE -- so-called short interest -- declined 0.9% to 9,595,242,421 shares from 9,680,953,526 shares in mid-January.
The hidden lining, even in a doomsday and bearish case, is that the low VIX also translates to very low options prices on a historical basis. In short, you can hedge many of your positions with options to lock-in gains or to protect against major losses.
...So you can be cautious and bearish for what will be a very low historical cost in options; OR you can point to the WHY's about the margin levels being at a record and about the fear index showing almost no fear at all about market prices.
BIGGEST SCIENCE SCANDAL EVER...Official records systematically 'adjusted'.