finally a good day for us BEARS, up 10c is better than nothing, I can just see a 1000point drop in the DOW very soon.
I have read a report last few days showing that MARGIN lending in the US is at a higher rate than just before the GFC, margin lending meaning you can buy 5x more with your money, markets going up and up people are up to their upballs in margin, and if we get a drop a lot of them will bail out very quickly, the report said its easier to get margin loan now than just before the GFC, so much for "tight" lending practises from the banks, "money" has never been cheaper, unless of course you an aussie that's self employed and looking for your first home loan.
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