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To: pater tenebrarum who wrote (60096)9/2/1999 10:07:00 AM
From: bill meehan  Read Replies (1) | Respond to of 86076
 
That's the point. Much more speculative activity compared with 1987. Margin debt increased by 53.5% in July from July '97.



To: pater tenebrarum who wrote (60096)9/2/1999 1:33:00 PM
From: Haim R. Branisteanu  Read Replies (1) | Respond to of 86076
 
Heinz, 2% of GDP is not relatively high wen the stock market cap is around 145% of GDP and total outstanding debt around 150% to 175% of GDP.

Oh well all on a relative basis.

BWDIK
Haim