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Non-Tech : Knight/Trimark Group, Inc.
KCG 20.000.0%Aug 17 5:00 PM EST

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To: Sir Francis Drake who wrote (2506)7/19/1999 2:43:00 PM
From: Jerry Olson  Read Replies (1) of 10027
 
Morgan..

P&F is based soley on intraday prices but rounded off...no halfs quarters etc...

NITE had a recent sell signal at the end of June at 52/50ish...i have that as hard support, like a test of that support..if we hold..which i think we will, then we should reverse up...any 3 box reversal in P&F is 3 points when a stock is under 100...

right now..the low print today for P&F was 53, not 52 5/8...so if NITE holds here, a 3 box reversal UP is 56..., 58 would be a new buy signal it would break a double top in P&F speak<g>....and 65 would be a second buy...
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