Source:http://www.advisorperspectives.com/dshort/updates/NYSE-Margin-Debt-and-the-SPX.php
NYSE margin debt just hit an all time high of $384,370. This is a real danger sign and could be a warning of a crash in a few months. In any event, this number must keep going up every month, since when it declines it will decline rapidly. You know, margin calls.
The previous margin debt high was in July 2007 preceeding the stock market high in October 2007.
See also Margin Debt.
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