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Non-Tech : E*Trade (NYSE:ET)
ET 17.01+2.3%Nov 14 9:30 AM EST

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To: Mike Petriv who wrote (13041)4/12/2000 10:35:00 AM
From: BWAC   of 13953
 
Well being short is your choice. And thats fine to have a different opinion. Supported by your 2 theories.

<Daytraders are going broke. > Some may, some will, some won't. But they have to trade to do so, one way or the other. The facts say EGRP account holders are increasing their assets.

<Volume on NASDAQ is decreasing> Relative to when? The last 3 months? Certainly not relative to April of last year? Have you considered 603,000 new accoutns trading for a entire 3 month quarter? Any reasonable overall Nasdaq volume falloff will more than likely be negated in EGRP's case by the new accounts trading.
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