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Strategies & Market Trends : The Residential Real Estate Crash Index

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To: Travis_Bickle who wrote (159221)10/22/2008 10:50:04 PM
From: posthumousoneRead Replies (2) of 306849
 
Etrade is happy with people trading in these volatile times :)

Dear E*TRADE Customers:

We are all facing a truly historic period of time in the global financial markets and the U.S. economy. Risk tolerance is being tested across the board, as investors navigate the intense volatility of recent weeks, and watch as groundbreaking events unfold daily.

Without being overconfident, we do believe E*TRADE is well-positioned going forward. We've been aggressive in managing through the credit crisis, making difficult decisions and executing on them in a timely fashion. As a result, E*TRADE's capital base is sound, and we are able to effectively serve the needs of you, our customers.

I'm proud to see our customers take advantage of the opportunities in the marketplace. We've had open dialogues with you about managing risk tolerance and ensuring your asset allocations are aligned with your long-term goals. Collectively, you've opened a record number of accounts and engaged in record volumes of activity, showing yourselves conscientious and prudent with investing decisions. Those investing toward longer-term goals have maintained discipline and patience through the disruptions in the market.

In closing, though these are unsettling times, please remember the market has survived crises before. Financials will stabilize and the markets will resume their ascent once again. E*TRADE will be here to help you through it all.

As always, we appreciate the opportunity to serve you and your investing needs.

Sincerely,
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