
Technical | Analysis page 140 | https://thedailydialectics.com/pdfs/economics/Technical_Analysis/Technical_Analysis.pdf
Chapter 7 Sentiment 111 have placed most of their capital in the market and, thus, may buy stocks on margin to leverage their position. More recently, margin debt reflects professional speculators and might not be as useful as before. Taking away from the usefulness of margin debt for market…