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Non-Tech : E*Trade (NYSE:ET)
ET 16.97+0.4%Jan 9 9:30 AM EST

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To: ecommerceman who wrote (6556)5/25/1999 9:21:00 AM
From: Peter Church  Read Replies (2) of 13953
 
OK, Ecoman, so maybe I was a little flippant about selling for all your worth.

It's been a tricky market for both longs and shorts. Harder for the shorts for the most part. Looks like the tide is changing, though. I can't prove it yet, but you won't necessarily make that next 100% gain on the past 500%.

REALLy what I was trying to get was a sample of how many day traders try to short stocks. I hypothesize that the majority (%?) don't. They're too new to the game. What will they do when the market trend turns south? Withdraw, go broke on denial and margin? Easy come. Hard to let go.

Curious
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