John O’Donnell’s Chart of the Week
John O’Donnell, Chief Knowledge Officer for Online Trading Academy, points out this week in a short video presentation that margin debt has reached levels equal to what was seen at the two most recent market tops. The two tops (2001 and 2007) reached margin debt levels much higher than had been seen for market tops in the previous three decades.
[Watch 3-minute video after the Read more >> jump.]