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Non-Tech : E*Trade (NYSE:ET)
ET 16.71+1.6%Nov 10 3:59 PM EST

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To: Patrick R. who wrote (6823)6/3/1999 11:37:00 PM
From: Frederick Langford  Read Replies (2) of 13953
 
Patrick,
I agree. I had this company @20 pre-splits and thought I was a genius when I sold @30 <NOT> Then I made 5 more measly points shorting from 35 to 30. A total of 15 points, being a trader. The people who held made out like bandits.

In this environment I am buying only a few hundred shares at a time. I have found that works with falling knives. When I'm done with my last buy, hopefully my lowest, will be my trading vehicle. The remainder of my position will be looked at again in the fall. This worked well for me last spring.

Fred
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