Silicon Investor (SI) -- The First Internet Community

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Non-Tech : E*Trade (NYSE:ET) -- Ignore unavailable to you. Want to Upgrade?

To: Eman03 who wrote (9912)	12/14/1999 10:41:00 PM
From: Esway	Respond to of 13953

No data to back up my comments just have seen this many times in other sectors that have been beat down like the OLB sector. The trading volumes of the last few months, good account growth in the OLB's all point to the direction of the OLB sector. We are still some 50% to 60% off the highs set back in April. Trading volumes are at all time highs...... good earnings will follow. MM will use every opportunity given to "shake the tree" to see what falls out. Running the stock down 3+ points in a day is a great way to take out stop loss orders that investors have put in place while they are away during the day. Hence the MM are picking up cheap shares for the big run. Then come next year they will be glad to sell it back to you 50% higher. Could be wrong but patterns do usually tell the story. Good luck. EW