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: Joseph Silent who wrote (3291)	8/9/1999 4:11:00 PM
From: Sir Francis Drake	Read Replies (2) of 10027

The action today was again exceptionally ugly - close not far from the low of the day, on large volume. Massive selling through FBCO, HRZG, INCA, REDI, ISLD. We've seen all of this before, and it's never good. I don't care if you include NITE with the OLBs - NITE has sold off by a hugely greater % than any of them. This kind of selling, is simply not "business as usual" on a day where Nazdaq is not in a meltdown and the sector is not disintegrating. To say "lumped with OLBs" does not explain why NITE has been selected for the biggest decline. I would have to say, that in my experience there is bad news ahead; I certainly hope IR is right, but I'm skeptical. Morgan

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