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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: 1-DAY-TRADER who wrote (743)5/4/1999 1:58:00 PM
From: freeus  Read Replies (3) of 10027
 
Nite is a fine company with excellent earnings and will give a great return long term.
But one should never "mortgage the house" to buy stocks when they have already had a run up. The time to "mortgage the house" is when there has been a serious correction and good companies are over sold.
Freeus
So I agree with you there.
Also there is more quick money in shorting than in going long. I personally cannot short because it makes me too nervous, but even the Dorsey book on P&F charting says there is more quick money in shorting.
However there is more long term money in buying good companies and holding. It just depends upon your style.
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