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Strategies & Market Trends : Rande Is . . . HOME -- Ignore unavailable to you. Want to Upgrade?

To: Rande Is who wrote (48811)	3/11/2001 11:10:47 PM
From: Trumptown	Read Replies (1) \| Respond to of 57584

<<Margin debt increased to an all-time high for the week ending March 2>> Would be interesting to know how much of that margin debt is short vs long...short HAS to be on margin... Media state of mind: "No Pot O' Gold Seen on Wall Street" biz.yahoo.com "Don't Bet on Nasdaq Rebound Any Time Soon" biz.yahoo.com SR

To: Rande Is who wrote (48811)	3/12/2001 12:12:52 AM
From: rocklobster	Respond to of 57584

Rande, There's been a lengthy discussion about this margin debt topic over on the stock attack II thread.. apparantly the information was dug up by Richard Hahn in fed data.. these links should provide more info. Message 15484164 this link is to a post on stock attack where hahn answers Michael's correspondence.. One of the points of interest is that when calculating margin debt, short interest automatically generates margin debt requirements, so there is some effect caused by short margin as well as long margin, but this has always been the case. the last forty or so posts on stock attack have a lot of discussion of this issue. It was a surprise to me as well, and I didn't bring it up to attack you in any way. I have gotten tremendous value from reading your thread, and I truly appreciate all the effort and hard work you and everybody put in here. I just think it's best to not underestimate the degree to which this downturn can escalate. after all, we havent seen much downturn in the dow at all yet, and the S&P has hardly suffered either compared to the nasdaq. In my opinion, the banks are way overvalued here, and there are many other sectors at highs. oil, energy, and oil services, which have historically been considered cyclical are nearing highs, and are getting a lot of attention, kind of like they did in 1997 right before oil crashed to $10 a barrel. I just hate to see anybody get hurt by thinking that we are at a bottom here with nowhere to go but up. If people want to invest long term, maybe a dollar cost averaging type strategy would be better than trying to pick the bottom. for now, it seems that all the downtrends are intact, and we would be best served by continuing to short any rally's.. Just my humble opinion of course, and keep up the good work rok