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Non-Tech : E*Trade (NYSE:ET)
ET 16.43-0.5%11:56 AM EST
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To: SLSUSMA who wrote (12682)3/21/2000 1:48:00 PM
From: BWAC  Read Replies (1) of 13953
 
<from the $72's> No, because <a healthy dose of risk analysis > prevented it.

Been way over this 100's of times. Not everyone bought EGRP at 72. Many in fact bought it at well below 20 in years past and have done well.

In my opinion, EGRP did not represent a good long term buying opportunity until it fell below 30, buy more at 25, double down at 20.

Meanwhile at these depressed prices its a great short term trading vehicle to buy low first and then sell into strength. Without the assuming the risk associated with a short position.
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