Loading ...Next we look at the NYSE Available Cash chart which shows the leverage being employed in the market via margin debt. As we can see it is now at unprecedented frightening extremes, which way exceed anything that has ever been seen. So when this thing really goes down there is going to be a veritable tsunami of margin calls going out—this by itself signal that a brutal crash is not far over the horizon.
Click on chart to pop-up a larger, clearer version.
Chart courtesy of sentimentrader.com