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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: Jerry Olson who wrote (2350)7/14/1999 2:02:00 PM
From: Sir Francis Drake  Read Replies (1) of 10027
 
Options Jerry - NITE really needs to close positive for the day. Of course a high volume reversal would be nice, but I doubt we'll get it today. If NITE closed near the day's high, that would be bullish. But at the very least it ought to close positive, even if on low volume. It is really not acceptable not to close positive on a positive market day, with good news for NITE. There has to be a reaction, or this does not bode well for any kind of run pre-earnings. As it is, time is growing short. Your targets are pretty aggressive - though not unrealistic... however, the question is always *timeframe*. When will NITE hit 90? If it doesn't do it in connection with the upcoming earnings, you are looking at a probably negative market in the fall, and the time-frame for hitting the 90s looks more distant.

Good luck!

Morgan
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