WATCH THIS CHART AND THE NUMBERS!

Bull markets have expaning margin…while bear markets have contracting margin. Margin your best friend in bulls and worst enemy in bears.

 

Source: http://davidstockmanscontracorner.com/inside-the-margin-debt-bubble-it-started-cracking-in-march-right-along-with-the-momo-trades/?utm_source=wysija&utm_medium=email&utm_campaign=Mailing+List+PMTuesday