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: mnreddy who wrote (3368)	8/10/1999 3:06:00 PM
From: Sir Francis Drake	Read Replies (1) of 10027

Murli, a lot of this is an artifact due to extremely oversold conditions and traders covering shorts in a hurry. When I go short, I never try to catch a "bottom" because of this exact situation. However, longer term, after a snap-back, NITE's more sustained moves are not a breeze. There are still fundamental issues involved. Morgan

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