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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: Sleeper who wrote (282)3/26/1999 1:03:00 PM
From: freeus  Read Replies (2) of 10027
 
I looked at the site (www.investors.com). Not there. Oh well: maybe I'll type a little of it in for you tonight.
Looks like noone but us are interested in this fine company.
I had sold covered calls at strike 50 for March: when it became obvioius they would be called away I bought them back and sold April 60 so I would not have a loss on the option.
If it gets called away at 60 I have a 33$ profit in a couple of months, which is fine. If not, I'll keep it at least to see 70.
I am, however, lightening up this summer on stocks to get out of margin before the fall. Yr 2000 plus pres election plus usual Oct correction makes me a little wary of margin for that time.
Freeus
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