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Non-Tech : E*Trade (NYSE:ET)
ET 17.35-0.6%Jan 16 9:30 AM EST
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To: Oeconomicus who wrote (3385)7/23/1998 11:27:00 PM
From: fut_trade  Read Replies (1) of 13953
 
>for any chart pattern phenomena?

Yes. For the simple reason that when an uptrend or downtrend is established, there is a greater chance that the trend will continue - rather then be broken. A reversal can happen at any time, but trends tend to hold, and betting against them is not the best way to proceed.

E*Trade may not do anything over the next few weeks, but two months from now, I expect it to be in the high 20s. I suppose EGRP could quickly be back up in the 30s if they promise not to increase marketing expenses and delay Destination E*Trade further 8/
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