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Strategies & Market Trends : Waiting for the big Kahuna
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To: Harvey Allen who wrote (68732)2/21/2004 10:02:05 AM
From: Real Man   of 94695
 
Thanks, that's very interesting. With volativity down
so much, this indeed is very dangerous. VAR will climb a
lot if the market were to drop... In fact, if you are
talking about puts or call written, VAR will increase
exponentially, which essentially should lead to a
crash, unless they have the cash necessary to stop it.
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