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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: zurdo who wrote (4289)9/23/1999 1:37:00 AM
From: 10K a day  Read Replies (1) of 10027
 
Hi zurdo,
restricting buying power for your benefit?
Nope I'm sorry.
That's not what's happening.
Sqeezing the margin out of this one?
Margin Interest pays the bills...
Once the margin gets low enough,
it's more profitable to buy the stock,
and run it back up,
but as long as speculators are speculating,
and shorts aren't to greedy,
will it drift?
I find it interesting that Merril would
sell so aggressively right after announcing
the venture,
Does that say something?
or was it bogus?
9.5 Million dollars in October put options?
A glimpse in to the future?
A projection?
I don't know where the bottom is,
and i assume it won't turn until SCH and EGRP turn....
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