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

To: Johnny_Blaze_420 who wrote (3088)	8/4/1999 4:52:00 PM
From: Sir Francis Drake	Read Replies (1) \| Respond to of 10027

Johnny, right now NITE is an excellent intraday trading vehicle - it is unlikely to jump up or down by 5 points IMO. That lets you trade and scalp for anywhere between 1/4 and 1 1/2 points repeatedly. Actually, I'm not concerned about the direction right now - as I don't see anything dramatic afoot - on the downside, 35 was a low from yesterday - from that level it is only 5 points to 30, and I find it hard to believe NITE will break 30 (unless some horrible news comes out etc.). As to the upside, again, I don't think in this environment it will explode upward - so this is a very safe and profitable intraday trading vehicle. All JIMO. Morgan