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Technology Stocks : Semi Equipment Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Return to Sender who wrote (87493)	10/13/2021 4:39:39 PM
From: Sun Tzu	1 Recommendation Recommended By Rarebird Respond to of 95574

>> Margin debt is actually higher as a percentage of GDP now than it was in the year 2000: The stock market capitalization is also higher than GDP. So that says nothing about whether or not we have an unhealthy level of margin. >> I will not allow you to try to convince yourself and others that margin accounts are any less risky today than they were in 2000. As I said, you misunderstood what I said and you still do. Margin accounts may or may not be dangerous to you or to anyone else. That is purely based on your skill level and your risk tolerance. I've never advocated them, nor have I stated a position about whether or not anyone should trade on margin. BUT that is not what you were saying in your original post that I replied to. You were suggesting that because the amount of margin was as high as ever in August, then somehow the stock market as a whole was in peril. And that just doesn't hold because back in August we also had the highest level of stock market capitalization. So it is natural that the margin would also have been the highest level. Again, whether or not margin is bad for you or anyone else is not the subject I am debating. Rather whether or not that margin level puts the whole market at risk is what I was responding to. It is kind of like is it good for you to aggressively save money? I have no idea. It depends on your income and your individual situation. But is it good for the society as a whole to not spend much? Well, generally speaking that leads to recession and everyone being worse off. The two are not the same thing and don't belong in the same discussion. You are conflating two very different subjects. Anyways, I have explained this as clearly as I can. You can have the last word whether you get it or not.