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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: Sir Francis Drake who wrote (7274)2/16/2000 8:28:00 PM
From: gbh  Read Replies (1) of 10027
 
Today was better volume on NITE, though I have got to tell you - I've been in the market for a long time, and if this wasn't "managed" trading today, I don't know what is.

I probably don't have the experience you do with L2, but I would agree about today's trading. Especially the finish. I think the CIBC re-it was probably responsible for the bulk of the gain. Also, with vols and vols continuing strong now for a full half of the quarter, and value even starting to come back in vogue (at least this week), we get the bounce. Holding most of these gains on a down day, with no news, will go a long way toward painting the short to mid term picture, imo.

gary
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