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

To: ecommerceman who wrote (12946)	4/5/2000 10:39:00 AM
From: Duncan Lestina	Read Replies (2) \| Respond to of 13953

ECMan: Yeah, the more ignorant analysts have been trying to use that argument against the OLB's since this stock was an IPO. History has proved that assumption false. Somebody's always trying to bring this stock down so they can get in cheap or because of a short position- it's just pure BS. But, perhaps I should thank them (later) because I bot more CHEAP.

To: ecommerceman who wrote (12946)	4/5/2000 4:36:00 PM
From: Early Out	Read Replies (1) \| Respond to of 13953

Online brokers could lose out in a prolonged market downturn if nervous investors close trading accounts and stop buying shares, analysts said. Trading is an addiction. Junkies don't quit after an overdose and traders won't quit after a margin call. Nobody is going to be closing accounts - they will max out their credit card and fund their account that way if they have to. These analysts don't know what they are talking about, IMHO.

To: ecommerceman who wrote (12946)	4/5/2000 8:51:00 PM
From: Scott Moore	Read Replies (1) \| Respond to of 13953

The small investor is here to stay. Smaller losses create an anxious feeling. Large losses give emotional traders a numb often euphoric feeling, because the loss is bigger than their threshold of pain. The margin calls over the previous few days created situations where folks that would not have traded were forced to make trades and commissions. If techs have a protracted phase, what do the experts say, "Find a different horse", which causes more trades. The only scenario I see where folks stop trading for awhile, is if the market draws a flat-line for a few weeks where there is no emotional or technical event that will instigate a trade. What odds would you give on the market turning lethargic or remaining flat? I like the volatility, I've been trading increments in and out of EGRP for the past 3 months making decent gains. Stops are for pussies. If you have a gut feeling that online trading is here to stay and after all the consolidation EGRP will still be one of the top players, then why sell on weakness. I added at 23 1/2 yesterday and never got a fill at 20, but ready to add until I run out of funds. Regards to longs Scott