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To: Cynic 2005 who wrote (76142)	11/18/1999 4:52:00 PM
From: MythMan	Read Replies (1) \| Respond to of 86076

stfu!

To: Cynic 2005 who wrote (76142)	11/18/1999 4:58:00 PM
From: pater tenebrarum	Respond to of 86076

well, after expiration a lot of delta hedging supply will hit the market....there are so many outstanding call contracts that it seems almost inevitable. Rydex ratios, p/c ratios, dollar volume in calls, all are at extremes. unfortunately one never knows which downturn will turn into 'the' collapse. believe me, in Japan everybody was vastly surprised when the market suddenly plunged below the lows made 2 years before the peak.

To: Cynic 2005 who wrote (76142)	11/18/1999 5:09:00 PM
From: BGR	Respond to of 86076

There you go again, Mohan!

To: Cynic 2005 who wrote (76142)	11/18/1999 6:14:00 PM
From: donald sew	Respond to of 86076

Mohan, >>>> I would say the steep decline would have to start Monday. Here is why: Bullish sentiment measured by 20day EMA of VIX will be at extreme as of today's close. decisionpoint.com quote.yahoo.com^VIX&d=t If tomorrow is another up day with VIX breaking 20, we will cross over the upper band. The last 20 day pattern is comparable to the July blowoff. The correction from July 17th was very steep and violent. <<<< Im not one to make one-to-one comparisons and you may be right, but there are other variables which are different. I do believe some selling should start tomorrow, but I dont see a huge selloff just yet. seeya