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hello Bouraq....margin debt for January just came out...up to 451 b from previous 444b.No decrease.The bull run continues in my opinion.It s a speculative market and as long as the number 1 sign of speculation doesn t fall--its up up and away(at least to some degree). Remember last year when I asked if the Nasdaq would get back to 5000?It almost seems inevitable now.A possible double top then a reversal?Cheers.
Hi anonymous, Back then Nasdaq 5000 sounded incredible now it is inevitable :) A very impressive rally but last month's sell off was impressive too even with increasing debt. DOW wants to make a new high following RUT and SPX. Another bear slaughter.
hello Bouraq....margin debt for January just came out...up to 451 b from previous 444b.No decrease.The bull run continues in my opinion.It s a speculative market and as long as the number 1 sign of speculation doesn t fall--its up up and away(at least to some degree).
ReplyDeleteRemember last year when I asked if the Nasdaq would get back to 5000?It almost seems inevitable now.A possible double top then a reversal?Cheers.
Hi anonymous,
ReplyDeleteBack then Nasdaq 5000 sounded incredible now it is inevitable :) A very impressive rally but last month's sell off was impressive too even with increasing debt. DOW wants to make a new high following RUT and SPX. Another bear slaughter.