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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.404-14.1%Dec 31 3:59 PM EST

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To: CuttotheCore who wrote (9502)11/6/1998 4:11:00 PM
From: Steve Fancy   of 22640
 
Stx, thanks for the update. I'm watching UBB also. Looks like it lost about a 1/2 point today. Although we may be up out of the gate on Monday, I'm holding off till then cause Brazil most often seems to start out slow. Could sell off after aid package...or maybe an up day then a sell off. This stock more often than not responds to good news just the opposite as most think it will.

FWIW, Relatively heavy options activity on TBH today...90C across various months seemed to be the most popular. UBB had significant trading of the JAN 22.5 put and call.

sf
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