No One Will Ring The Bell At The Top
These folks couldn't be Slopers, could they ?
Good find on the chart! I've seen it presented before, but never that clearly. I like it!
what if all that margin is short ? lol
Highly unlikely the margin is short. The correlation and mechanistic positive relationship between margin balance and stock prices is too clear to ignore. In addition, most investors/traders don't short, they go long. Going short is for the "sophisticated".