Friday, February 1, 2013

NYSE margin debt approaching historical high levels

Margin debt has been fueling the rally so far. The question is how much fuel is left ?
















Click on image for larger picture. Chart courtesy NYSE, Zero Hedge.

We all know what happen (the years after) the last time the margin debt on the NYSE topped in 2007.

Geir Solem

elliottwavetechnician.com
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