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Message from discussion I am worried...
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thewowbag...@gmail.com  
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 More options Nov 29 2007, 7:04 pm
From: TheWowbag...@gmail.com
Date: Thu, 29 Nov 2007 16:04:28 -0800 (PST)
Local: Thurs, Nov 29 2007 7:04 pm
Subject: Re: I am worried...
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At short term, you are screwed... in long term it might recover.

Etrade still doesn't have an estimation on potential mortgage losses.
Some estimates are out for citigroup losses ($11 billion for next
quarter), but etrade still doesn't have any estimates.. why do you
think shwab or amritrade didn't buy any stake in etrade. Though
etrade's brokerage unit is excellent, they are totally screwed with
their mortgages..so deal didn't go through.... do you think $2.5
billion infusion will save etrade in short term..

So don't expect any gains in next quarter...its gonnabe worst for
etrade.  Analyst estimates that next quarter is going to be the worst
for all financial.

So hold on to it atleast for an year now...

xerosl...@gmail.com wrote:
> Just hang in there. Most of us saw large losses. It's only been a day.
> E-trade is always all over the place. Up and down up and down. Just
> ride it out. I bought 4500 shares for more than you paid. At first you
> might be stressed out but eventually you just realize that you have
> time to wait and relax. Don't get scared if it goes down even farther.
> Just observe with calmness and be patient.

> The B-word is not even worth mentioning. It's highly unlikely at this
> point.


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