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lee kramer

09/22/03 11:10 PM

#153800 RE: Paul A #153796

Paul A: I got a nice chuckle over the NASD warning regarding margin trading. Better they should warn us all about major Street wire-houses with their up/down grades and some of the analysts and their "targets."

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deuce bigalow

09/23/03 10:29 PM

#154290 RE: Paul A #153796

Paul A, I saw that 'blurb', but i would like to see a chart, i will post a link to a chart that is a few months old that shows a different picture

I know many on this thread think 'margin' is a 4 letter word, but after a deep bear trough 3-YEARS, where the public has been expunged from the market and people who margined themselves long during the boom, have been wiped out,

an increase of margin debt is bullish, it adds liquidity to the market, it shows that investors, who have been intolerant of risk are willing to take risks again,

AND RISK TAKING IS WHAT THE CAPITALIST SYSTEM IS ALL ABOUT,

increasing margin debt is bullish off a bear trough, as are declining p/c ratios, UNTIL THE LAST PERSON WHO WANTED TO BUY A CALL BOUGHT, UNTIL THE LAST PERSON WHO WANTED TO GO LONG A STOCK ON MARGIN BOUGHT,

only the 'wizzerd of oz' knows that information

http://www.investorshub.com/boards/read_msg.asp?message_id=1230402

I sure wouldn't invite the crowd on this thread to my garden party, after six months of new highs, nobody around here seems to be able to say a good thing about anything -g-