SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Non-Tech : Knight/Trimark Group, Inc.
KCG 20.000.0%Aug 17 5:00 PM EST

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: William F. Wager, Jr. who wrote (459)4/19/1999 5:27:00 PM
From: Joseph F. Hubel  Read Replies (3) of 10027
 
Apparently all of NASDAQ took up the same march with the same drummer if that's any consolation. This panic sell off was huge for NASDAQ. Not unusual for the DOW and NASDAQ to move in opposite directions from each other, but to this extent is unreal; so much so that that the DOW finally caved in as well. There was absolutely no reason for today's sell off in NITE other than mob mentality. Nothing happened between Fri. and today that would take it down another 25 points.

The expected correction in NITE was last week. Today was just a result of the wide spread NASDAQ sell off. This stock is capable of a quick recovery, so I bought more today at 80, when I thought it was at the day's low. A few weeks from now this may be just a painful memory.

JFH
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext