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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.740-1.3%Dec 8 3:59 PM EST

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To: Steve Fancy who wrote (1001)2/11/1998 3:25:00 PM
From: Tony van Werkhooven   of 22640
 
Steve- I hope you are right. The other day I sold 50% of my UBB position at 32, after a sharp runup. I expected to buyback after some profit taking in the 29-30 range. No way- kept on moving up.

We'll see now what happens over the next several days- it sure seems that the market has moved very fast in one direction at this time.

Tony
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