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

To: Mike Petriv who wrote (13041)	4/12/2000 10:19:00 AM
From: Jane4IceCream	Read Replies (1) \| Respond to of 13953

There sure are alot of better opportunities than EGRP presently to be short on. Jane

To: Mike Petriv who wrote (13041)	4/12/2000 10:33:00 AM
From: Jim B	Read Replies (1) \| Respond to of 13953

with all the recent volatility dont be fooled into thinking daytraders are going broke.. daytraders are the ones who are usually sitting in mostly cash ready to pounce on overcorrections... no one i know that truly "daytrades" is broke.. most of them dont hold anything overnight anyway.. or rarely do and most keep 75 to 80% in cash -- i do as for going short... yeah, I've picked up some puts in some areas and calls in others.. no way I'd short EGRP here.. downside is at most 5 pts... whereas downside with EBAY or YHOO or ACOM or CMRC could be 40 to 50 more pts ; MUCH rather short or buy puts on those monsters.. plus egrp today just gave everyone reason to believe this company is not only going to be net profitable on the next quarter (unless they spend more) but that they truly are a buyout candidate... with this much growth and brand name there's no way ameritrade or datek get bought out before Etrade (unless etrade wont sell)... now it's just a matter of when the mutual funds will start including etrade back into their portfolios jim

To: Mike Petriv who wrote (13041)	4/12/2000 10:35:00 AM
From: BWAC	Respond to of 13953

Well being short is your choice. And thats fine to have a different opinion. Supported by your 2 theories. <Daytraders are going broke. > Some may, some will, some won't. But they have to trade to do so, one way or the other. The facts say EGRP account holders are increasing their assets. <Volume on NASDAQ is decreasing> Relative to when? The last 3 months? Certainly not relative to April of last year? Have you considered 603,000 new accoutns trading for a entire 3 month quarter? Any reasonable overall Nasdaq volume falloff will more than likely be negated in EGRP's case by the new accounts trading.

To: Mike Petriv who wrote (13041)	4/12/2000 10:50:00 AM
From: Investor Clouseau	Read Replies (1) \| Respond to of 13953

IMO, you're completely wrong. Daytraders are not going broke; in fact, they are probably the only ones to have nice gains recently. The position trader who held her/his position over the last week without making any trades has surely lost big. This market has created more daytraders,not fewer. Not only that, but only 15% of the potential market has been reached by the OLB's. As far as volume on the NASDAQ; it's still over 1.5 billion every day, very good considering that most are still in temporary shock after last week. Look and see what the average was last year. IC