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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: oilbabe who wrote (3696)8/30/1999 3:12:00 PM
From: yzfool  Read Replies (2) of 10027
 
This stock is beyond technical and fundamental analysis. When this happens we must revert to fear and greed analysis. I can understand the rational for being short this week (personally, I am long). But this short play ends this week (fear). Whom in their right mind would hold a short position over laborday weekend (greed)? However, since the majority expects an immediate post Labor Day market rally, it may be delayed or may not occur at all (greedy contrarian). On the other hand, don't fight history and the majority sentiment (fearless investor). I notice a lot of pain on the NITE threads on various websites, which indicates to me that many investors stayed long and are contending with losses. Its simply not time to sell; will be only a memory of a paper loss soon. Good luck to all!
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