Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Pastimes : Clown-Free Zone... sorry, no clowns allowed -- Ignore unavailable to you. Want to Upgrade?

To: JRI who wrote (127680)	10/5/2001 12:45:27 PM
From: Haim R. Branisteanu	Respond to of 436258

Well October 19 this year is similar to Oct 19, 1987 so may be that is the only correlation

To: JRI who wrote (127680)	10/5/2001 1:46:55 PM
From: pater tenebrarum	Read Replies (3) \| Respond to of 436258

not necessarily. we have already had two collapses right into expirations this year, egged on by delta hedging activities. basically, IF we drop into Oct.22, then the unwinding of the hedges in the following week will produce a big rally, just as the one we've had now. if Oct. 22 turns into a high, the unwinding will lead to a sell-off thereafter. seasonally however, the period from the 22nd to Nov. 5 is the auto-pilot money disposition period, so from that PoV more likely to be strong than weak. we'll see what this week's COTs say...