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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.435+8.7%Jan 2 9:30 AM EST

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To: Madharry who wrote (651)1/6/1998 1:06:00 PM
From: Steve Fancy  Read Replies (1) of 22640
 
Well, I jumped the gun on the FEB 110 puts I sold yesterday. I had been feeling that a pullback was in order, but it just didn't seem to want to happen. Not worried about the 110's but could have sold at a much better price today. I think it'll probably rebound and close above 115 today. I know most of you here don't care as much about short term movements, but I have to believe there are other options traders that scan the thread. I also own the stock and plan to at least up until bidding time. May then take a breather and buy back on a dip.

Oh well...still watchin for the news on the advisor selection.

sf
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