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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 (2353)7/14/1999 2:24:00 PM
From: Sir Francis Drake  Read Replies (3) of 10027
 
Wow, Jerry - interesting TA.

How in hell would you propose that NITE close *below* 52? In this market? May as well close below 12. Would I feel bullish, if NITE doesn't close below 12 today? Hardly.

Instead, what freaks me out is that NITE cannot muster the momentum - as of now - to break 55 when the whole market is blazing up. I can hardly find a net stock I monitor that's negative. I've been playing JNPR, which has taken off like crazy, which it will do when the market is ready for some speculative $ to be made. All the nets have turned, including CNET. There is tech stock big cap leadership - MSFT is up on a reversal. AOL, AMZN, YHOO bellwethers all up. NITE's "brother" SWS also up. With all this, a positive market and good PR news NITE is *DOWN*? And struggling around 54 1/2? Wow - that's nasty.

Hope at least NITE closes positive today - that's my target.

Morgan

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