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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: Dalin who wrote (2852)7/28/1999 9:56:00 AM
From: Sir Francis Drake  Read Replies (1) of 10027
 
Yet again, the correct way to play NITE was to short yesterday's cautious comeback. Like I was saying - any rise, fodder for shorting. My view was disputed, and I think it has been borne out.

However, having said that, no stock ever goes ONLY down, or only up.

Thus, NITE too should rise and hold the gains without succumbing to shorting, and now it is just a question of time. Today the markets are mildly negative, and that is not a helpful environment for a stock as weak as NITE. Patience.

FBCO is selling.

Morgan
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