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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: Susan Saline who wrote (3392)8/11/1999 10:50:00 AM
From: Joseph Silent  Read Replies (5) of 10027
 
Susan,

I've given up predicting price on this monster.
I'm unbelievably deep in the hole on this one and just
have to focus on the long term. I have difficulty
believing it, having not experienced anything like this
before. I won't complain about the experience, just the
cost! :)

I'll gladly take a fractionally positive (1/16, 1/8)
close for a few days, to show some basing, until some
of the uncertainty is removed.

I have no real basis for saying this other than a
general feeling, but it sure looks like traders are
messing with this a lot now. I feel that the bigger
traders (10K and above) have gotten into the action too.
(Only from looking at Thomson's data & commentary).

We'll have to get out of the "major" selling into
rallies mode (perhaps with some good news?) to start
moving up, I think. Who knows when? I'm just keeping
my fingers crossed, but I know it will come.

Joseph
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