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

To: Sir Francis Drake who wrote (3086)	8/4/1999 4:46:00 PM
From: Johnny_Blaze_420	Read Replies (1) \| Respond to of 10027

Morgan MLCO was constantly on the ask for the last half hour. Jumping up and down an 1/8 as needed. Looks like they are shorting a lot. Had to short again today at 38 but covered too early at 37 1/2. Reshorted at 37 7/8 a couple minutes before the close. I don't see how NITE can make a sustained push upwards in the current market. Everything except Union Carbide and HWP are weak. They were the main reason the DOW was up today. OLB's still look weak. I think we need to trend a little lower, 32-35 before and shake out ALL the weak hands. I look to see that happening soon with a slight bounce to these levels, maybe even 41-43. Followed by another sell-off to 36-38 and then a steady rise after the FOMC raises rates again. OF course IMHO JB420