Waiting for the big Kahuna Message Board

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Strategies & Market Trends : Waiting for the big Kahuna

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To: William H Huebl who wrote (18140)	5/7/1998 8:03:00 PM
From: Tom M	Read Replies (2) of 94695

Now if we can only get all the nuances in AG's speech today: bog.frb.fed.us He certainly seems to be heavy on the lessons of being overleveraged. Wonder if there's any parallel to this market's current margin usage? ;-) Per last Barron's: "Margin debt has been spiraling upward and now stands twice as high as it has ever been since speculative man first began buying shares on the cuff. Currently, moreover, it is rising at a dizzying 40% over the brisk year-earlier pace. Reason enough, we'd say, to at least consider a boost". mostly cash since the Thursday before last Monday's big dip, are we having fun yet!, Tom

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