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Strategies & Market Trends : Stock Attack II - A Complete Analysis
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To: Rich1 who wrote (22169)10/19/2001 8:26:28 PM
From: Ibexx  Read Replies (4) of 52237
 
From Prudential Sec's Closing Market Commentary (10/19) by Larry Wachtel:

"One interesting figure was a 10% decline in margin debt in September from the prior month. At 144 billion, margin debt is at the lowest level since December 1998 and down from the peak of 278 billion in March of 2000. This suggests a lot of speculative excess has been ground out during the 18 month decline. "

Ibexx
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