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.

Strategies & Market Trends : Waiting for the big Kahuna -- Ignore unavailable to you. Want to Upgrade?

To: Lucretius who wrote (67297)	11/12/2003 12:44:38 PM
From: Real Man	Read Replies (1) \| Respond to of 94695

Negative gamma above 400. That means a lot of unhedged call shorts. If it manages to get above it, it will indeed really motor. The real fun awaits us once the rates get above 4.6% for 10-year treasuries. I have never in my life seen a collapse of the derivative house of cards. I'm sure it won't be a pretty sight - Stocks, bonds, and dollar will wind up much lower than anybody expects, and quickly. That will be the bottom of the bear market. IT could easily be below 2000 (DOW, not Nasdaq -g-), and Nasdaq below 300.