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...