DYI Comments:  Divergence between stock prices and margin debt.  If this continues setting up a crash scenario culminating with a two or three trading day sell off in the magnitude 12% to as high as 20%.  Not predicting this as a sure thing.  However, with markets as over valued, over bullish and trading above the 20 day Bollinger band plus a drop off in margin debt marking a dangerous time to be holding or buying stocks on a whole sale basis.   

THERE ARE BAD TIMES TO INVEST.  During more normal times DYI is buying and holding stocks sometimes more and sometimes less depending upon our weighted averaging formula.  Today valuations are so elevated our formula has "kick us out" of the market and rightfully so!  To achieve the long term rate of return, whatever that will be, on a no if, or buts basis now requires a holding period of 48 YEARS!  Simple calculation to obtain the duration of the market: 1 /div. yield x 100 = years.  1 / 2.06 x 100 = 48.54 years.  That's fine and dandy if you are a well healed youngster drinking out of his or hers sippy cup watching barney!

This is a bad time to buy stocks on a whole sale basis.  Don't go and lose lose your head while everyone else is losing theirs.

DYI