Recent numerical developments in the study of glassy systems
have shown that it is possible to give a purely geometric
interpretation of the dynamic glass transition by considering
the properties of unstable saddle points of the energy. Here
we further develop this approach in the context of a mean-field
model, by analytically studying the properties of the closest
saddle point to an equilibrium configuration of the system. We
prove that when the glass transition is approached the energy
of the closest saddle goes to the threshold energy, defined as
the energy level below which the degree of instability of the
typical stationary points vanishes. Moreover, we show that the
distance between a typical equilibrium configuration and the
closest saddle is always very small and that, surprisingly, it
is almost independent of the temperature.