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To: John Pitera who wrote (140716)2/1/2007 11:31:55 PM
From: Patrick Slevin  Read Replies (1) | Respond to of 209892
 
I didn't notice that, John. I would not have anyway due to the fact that I never knew that connection.

I have read that Margin Interest is at it's highest since 2000; which is yet another warning indicator.

However as you know I trade the futures markets primarily. Just started with the spoo once again last summer and have always had my own manner of trading it. So with respect to the SP I may tend to agree that it's due to correct yet be on the Long side nonetheless.