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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.730-1.3%Dec 9 3:59 PM EST

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To: RockyBalboa who wrote (6601)8/13/1998 7:07:00 AM
From: EPS   of 22640
 
According to Yahoo the Yen has now (7 am) improved to 145+ or so. Next I post an interesting article in the NYT because it seems to me that the discussion there applies quite well to the TBR situation. IMHO the big guys have now (maybe they always did) total control of the stock, in so far as they probably control most of the trading, they can manipulate/exagerate the fears or attractiveness.. can change their recommendations on a dime, etc, etc, etc. In short IMHO I suspect that most of the short selling is done by institutions.
Article follows.

Victor
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