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Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?


To: William H Huebl who wrote (45735)1/28/2000 10:31:00 AM
From: Bill Ounce  Read Replies (2) | Respond to of 94695
 
margin (ab?)use increasing

Message 12705754

[...]

Americans had borrowed $228.5 billion to buy stock as of Dec. 31, 1999, up from $141 billion a year
earlier - a 62 percent jump, according to Ned Davis Research, a Venice, Fla., market data firm. In 1990,
the figure stood at around $35 billion.

Borrowing accelerated rapidly in the last months of 1999, when the technology-heavy Nasdaq Stock
Market was surging upward at an unprecedented rate, said Sam Burns, a research analyst at Ned Davis.

[...]