Of course leverage is being increased. That's the point. The
masses - or, as Goldman would put it, muppets - always lever up
high and then panic out low. It's a contrarian indicator at peaks.
And, yes, peaks are processes, so it's not a timing mechanism; the
charts will guide on that.
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Of course leverage is being
All time high margin debt
Posted by a_l_ on 24th of Apr 2015 at 02:57 pm
Of course leverage is being increased. That's the point. The masses - or, as Goldman would put it, muppets - always lever up high and then panic out low. It's a contrarian indicator at peaks. And, yes, peaks are processes, so it's not a timing mechanism; the charts will guide on that.