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.
Pastimes : 5spl

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: LPS5 who started this subject9/17/2003 6:27:29 PM
From: LPS5  Read Replies (1) of 2534
 
A fivefold increase in margin debt at Nasdaq member firms prompted market
data provider TrimTabs.com to warn Wednesday that "the bubble is back" in
U.S. stocks. Margin debt rose to $26 billion at July 31 from $5.1 billion at
Dec. 31 -- adding $19 billion in June and July alone. That figure represents
15 percent of the total outstanding, compared to 7.1 percent in March 2000.
TrimTabs' warning follows regulatory agency NASD's investor alert Monday
that trading "on margin" is up 25 percent year-to-date and many investors
may underestimate the risks. The NASD alert suggests that Nasdaq members are
being required to tighten margin rules after a period of relaxation,
TrimTabs said. "When a loosening becomes a tightening, the affected stocks
collapse. That is in part what happened in early 2000 when the Nasdaq
tightened margin requirements on some of the more aggressive stocks."
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext