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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: TWICK who wrote (881)5/6/1999 1:10:00 AM
From: Redwater1  Read Replies (3) of 10027
 
Re post 870 by 1-Daytrader

<<I don't know why, but every time I look at this chart, I smell blood man, and I am sure other professional short sellers smell it to in light of what is to come from the feds tightening.>>

(can someone tell me how you link to another post)

To me 1-Day makes a lot of sense.
Type in NITE on
thomsoninvest.net
and you'll see the 15 min delayed buy and sell orders of the institutionals, with a pie chart showing that they comprise 45% of the volume of NITE.

If/when the momentum falters, I believe they will take profits before the average investor can get out, and that's 45% of the holders!

Sure it will bounce back, but every time they take profits and we don't, we're effectively loaning them our money while we wait around for the price recovery to get our money back when they pump it back in.

I'll take my profits at the peak and wait. Thanks 1-Day. Even if you disagree with him, you gotta respect his opinion. I eagerly await the next two days to see what happens!
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