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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 (4492)10/1/1999 6:17:00 PM
From: Dalin  Read Replies (2) of 10027
 
Hello Zurdo!

I see a low of around 22 before NITE begins to make a comebacks

Is there a specific reason you picked 22? Why not 25 or 18? I'm not that good at picking the exact bottom, but I do know we are close. In a year or two from now the difference will seem miniscule.

I have been trading this stock all summer to build a nice position at a decent price, and saved most of my cash to load up at the bottom.(along with other stocks) I think we are there. I'll still save some cash, in case we see a major correction, and of course there is margin for that also. So, while it might be painfull, I could actually benefit from it dropping to 22. I just don't think it will get there.

If the earnings were as great as you seem to think they are, it would be going up...not down.

This is not NITE specific. The whole financial sector is doing the same. Higher interest rates and summer slowdown, the main culprits, are behind us now.(well, Interest rate fears will be on Tues. ) All IMHO of course.

BTY!

D.
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