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Non-Tech : E*Trade (NYSE:ET)
ET 16.41-0.3%3:59 PM EST

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To: ecommerceman who wrote (6911)6/7/1999 7:53:00 AM
From: marketbrief.com  Read Replies (2) of 13953
 
Let me finish this crumpet first and then I can respond... mmmm... ok, let me try to explain myself for the last time... I trade stocks for a living, and am interested in seeing how prices react to events, like press releases, and recommendations from shills from all tiers... if the news is bullish, like EGRP is the #1 financial site, etc. or Dewey Cheetham and Howe Brokerage reiterates its buy rating, and then price just sits there, or falls (imagine that!), then I will be a bit more aggressive about playing the short side, because I know folks aren't buying (literally) the hype. Corp. management and the analyst community is keenly aware of the current stock price, and will often release "news" or "reports" in an attempt to support (manipulate?) price... this is an age old thing. I am flat EGRP now but could be long or short it anytime today *depending* on the price action... I will be Faithfully Devoted to it as far as the trend will carry me; the short side has been very kind to me in recent weeks. Oh darn, now my tea has gone cold. ;-)
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