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

To: ecommerceman who wrote (5461)	3/6/1999 9:15:00 PM
From: Peter Church	Read Replies (2) \| Respond to of 13953

Buy and hold works great at the bottom of a bull market. At the top, nothing works better than momentum chasing and rotation. If that's where we are today, how long do you think it will continue to reward the longs before something very painful happens making last October's drop look mild? How do you think the Internet traders will fare in a prolonged bear market, or even a bouncy one? Maybe you don't see the market at the top. But what are your contingencies if we start going down hard?