Take the opportunity To Load Up Your Shares of Etrade NOW

Etrade will swing with the tides. It’s not going to be a straight ride up, up, and up. Everyone seems to be in love with ETFC when it’s up, but you need to stick with your guns when it’s down.

There WILL (repeat WILL) be down days — there HAVE to be. No stock climbs day after day in the green. If you trust your fundamental analysis, and you’re long for the right reasons, you should look at these days as buying opportunities. The market has shown us that they’re willing to pay $5+ a share these days for ETFC. If it’s at $4.70, pick up a few more shares!

Regardless, longs should be in this for more than the day-trading. This stock will hit $10 - $15 this year. $5 if still a heck of a bargain if you’re willing to wait 6 months to double your money…. maybe a lot less depending upon how the news goes.

If Q2 is profitable like ETFC is predicting, we may surpass $10 and hit $12 - $14 in that time frame.

Point being… you can’t live and die by the day’s PPS. This thing will (again repeat WILL) swing very hard from day to day. As I’ve said before, it’s a rocket ship in the early booster phase… just trying to get above the atmosphere ceiling, which makes for a BUMPY, bumpy ride. But once we pass the major resistence, this will be much smoother and quicker.

The accomplishments for 2008 are huge already. We just climbed to quickly in the past 2 weeks, so there will be pull-backs… but they’ll be shallow in comparison to the 8-day runs like we saw.

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