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Non-Tech : E*Trade (NYSE:ET)

ET 16.31

-0.6%

Dec 22 3:59 PM EST

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To: Diamond Jim who wrote (9949)	12/17/1999 2:11:00 PM
From: Scott Violette	Read Replies (4) of 13953

Breaking and closing below $30 DOES NOT MEAN a slow and painful death to the low $20. This is as predictable as a clock. IT IS OPTION EXPIRY. It is how the people who sell options make money. EGRP will close at $30 +/- 1/8 to screw the most amount of money out of the options. It is that simple. OBV is going up on EGRP. This is a bottom.

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