SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : Bob Brinker: Market Savant & Radio Host

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: Boca_PETE who wrote (13218)3/18/2001 7:38:33 PM
From: Haywood  Read Replies (1) of 42834
 
Like many others, I have listened to Bob for many years. Yesterday, I heard him once again going on and on about margin debt and how Mr. Greenspan was partly (or mostly) responsible for the "irrational exuberance" of NAZ 5000 because Mr. Greenspan failed to change the margin requirements (currently 50%). I believe this is absolutely ludicrous and a red herring on Bob's part. I don't have precise numbers, but I believe at the peak, margin debt was around $300 billion; today, it is around $200 billion. So, we lose over $2 trillion in NAZ market cap alone (some have the "all market" cap loss at $4 trillion) because we had an extra $100 billion for people to "play" with on margin? I don't think so. Bob needs to give this argument a rest. He is flat wrong about this.

Haywood
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext