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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: Joseph Silent who wrote (3352)8/10/1999 11:29:00 AM
From: Sir Francis Drake  Read Replies (1) of 10027
 
Well, the issue for the broader market, is the 200 DMA on the S&P 500, and institutional money watches this; when program trading takes over, retail investors will get swamped.

As to capitulation - the trading is intense on both sides, i.e. I see some buyers stepping up to the plate, and that I believe accounts for the volume, as shorts are still active.

Morgan
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