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

To: 1-DAY-TRADER who wrote (743)	5/4/1999 1:58:00 PM
From: freeus	Read Replies (3) \| Respond to 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.

To: 1-DAY-TRADER who wrote (743)	5/4/1999 2:31:00 PM
From: Joseph F. Hubel	Read Replies (4) \| Respond to of 10027

Certainly it's true that the last ones into the pool at any given time are more at risk. On the other hand if we let that keep us out, stocks would never climb high enough for you to short them. But that holds true with any stock and it's one of the reasons I always wait for a pull back to buy. I added more @$147, maybe it was your shares I bought. The mortgaging the house and kids was "tongue in cheek". I did however mtg. the wife. Sort of a win win situation. I am sincerly curious; what is the basis for your evaluation, since you assert NITE is only worth half it's current price. JFH