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


To: Kevin Podsiadlik who wrote (10418)1/4/2000 7:05:00 PM
From: Bill J. Duke  Respond to of 13953
 
I agree. I don't see any of the MSFT shorters of 1996 and later bragging about their one day profits when they got them. I see EGRP as very similar to early MSFT and appreciated an article that spytrader passed on a while back. For those of you who read it, the MSFT investor had some extended times when the stock didn't move and he even sold some of it, but his patience was rewarded. I believe ours will be as well. EGRP is making all the right moves and these prices just extend the sale price a little longer. I'm invested in the future of EGRP. What do you think the investment and financial landscape will look like in twenty years? How fast were microprocessors twenty years ago? Are any of us advising our sons and daughters to become stockbrokers? I don't think so.



To: Kevin Podsiadlik who wrote (10418)1/4/2000 7:12:00 PM
From: James J  Read Replies (1) | Respond to of 13953
 
Kevin, that "mere mortal" comment is right on the money. Fact is, I'm jealous. I'm investing to make money, but for some reason, I don't have the mentality to play that way. Besides, I'm a relative newbie and don't have the time to play as much as I would like anyway.

Isn't shorting just regular trading in reverse time with (hopefully) someone elses money? I don't think anyone's doing anything wrong. Making $500 a day shorting 1000 shares by covering after only a 50 change is killing me. And doing it repeatedly day after day? Wow, most of the country lives on far less money than that. about 1/4 of that actually.

Maybe there should be two new groups set up. One for EGRP - Shorts and another for EGRP - Longs. There we can piss and moan about how bad our days are going and laugh at the other group for their troubles when the sun shines on us for a change. Wait, that's stupid! We'd then waste twice the space running over and jesting with the down trodden each day.

I do have to admit, as far as couch potatoes go, I've never enjoyed watching fishermen on tv, but as for watching the trolling that goes on around here??? It is by far some of the best lurking I've had.

I guess while I'm out here in the light, I'd like to thank everyone else that supplies the insight to lev II, shares some really good info about the shareholders meeting, and links to some good news links.

Thanks all, and good luck this year.