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Strategies & Market Trends : Stock Attack -- A Complete Analysis

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To: Chris who wrote (20070)	3/25/1999 2:48:00 PM
From: Sonki	of 42787

chris, rate cuts in brazil. TBH up 6. mony flowing in. keep an eye on it... breakinng out above 80 after long time. SAO PAULO, March 25 (Reuters) - Brazilian shares gained more than 3 percent in early trade Thursday as the market took heart at the Central Bank's move to lower its key interest rate to 41.99 percent from 45 percent, traders said. "The cut in rates, the prospect of a stronger Dow Jones, the real rising -- all of this reveals a calmer horizon," one portfolio manager said. Sao Paulo's benchmark Bovespa index (INDEX:$BVSP.X) rose 3.28 percent to 10,771 at 0850 local/1150 GMT. The move to lower interest rates followed the monetary authority's announcement on Wednesday

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