Knight/Trimark Group, Inc. Message Board

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Non-Tech : Knight/Trimark Group, Inc.

KCG 20.00

0.0%

Aug 17 5:00 PM EST

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To: Sir Francis Drake who wrote (2255)	7/12/1999 2:39:00 PM
From: Joseph Silent	Read Replies (2) of 10027

Francis....... Absolutely no basis for my assesment, other than a neophyte's intuition, but I'm guessing it will hang between 52-1/2 and 57-1/2 until options expiry. There is a vested interest in targeting price 55 for Friday. Unless buying/selling is overwhelming, why move much away from 55 [assuming price is going up mid-term] ? Dips below 55 may suggest a bear-trap of some kind, and we'll know if we see pessimism and puts going up. One thing is for sure -- when it tanks, it tanks fast. It takes no prisoners. That means there are tons of tentative folk in here with their stops set. I hope pessimism is good news. But what do I know?!

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