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: Bob Kim who wrote (3980)	9/15/1999 4:53:00 PM
From: Herschel Rubin	Read Replies (2) of 10027

So far, BBRS, Jefferies, and ML have moved or announced moves in that direction. Bob, when you say "so far," do you mean yesterday & today, or over the past few weeks? Any word about KP's Merrill presentation today? ---- It is interesting to note that both the DOW and NASDAQ tanked in the last half-hour of trading (DOW dropped about 100 points, NASDAQ dropped about 45 points from 3:30 to 4:00 pm). During that time, NITE only eased off to $30 5/8, but didn't break substantially to new lows like the market averages did. This would suggest NITE has support at this $30+ range. NITE's revisiting $30 also represents the 4th time it has hit this price level, so instead of a triple bottom, looks like we're forming a quadruple bottom consolidation pattern. The more we stay at this level, the more solid support develops here.

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