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Non-Tech : Knight/Trimark Group, Inc. -- Ignore unavailable to you. Want to Upgrade?

To: Stephen who wrote (1967)	7/2/1999 11:38:00 AM
From: Sir Francis Drake	Read Replies (1) \| Respond to of 10027

Of course, that is my concern too. There is no strength in the stock. The only time NITE seems to go up, is when the market is blazing hot. Otherwise NITE is down, even when the market is moderately up. I can only imagine what will happen if the market sells off. There is no doubt NITE is acting very weak, and has been acting weak for a long time now, and I can't figure out why - probably we'll find out in due time... it is my experience that when a stock acts weak/strong consistently, eventually us peons find out the reason "big money" has been buying/selling all along. As to the market, yeah, NYSE seems overbought, but I'm not so sure about the Naz - I mean, we are supposed to have a summer rally - there is not much time left to have one, since there seems to be a consensus that the fall sell-off will come early this year. In any case, I expect the Naz at least, to rally next week, perhaps not every day, but to have a good one over the next two weeks or so. If NITE does not move strongly by then, I'll be very concerned, and I'll quickly sell my 40's shares (which I will do anyway before the end of the summer rally). We'll see. Morgan