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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.640+8.8%3:59 PM EST

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To: Sonki who wrote (222)9/2/1997 8:58:00 PM
From: chirodoc   of 22640
 
<<why would someone sell puts at 132>> brazil and brazilians do not make sense--they are very emotional (i have been there many times and am married to one)--anything they do to me makes sense. it's hard to explain, but if you look at their culture and economy it is emotional, spiritual, intuitive, etc.......logical it's not------that's why i said it makes sense--not because it showed a brilliant grasp of economics..sorry about the confusion. by the way, did you see that bovespa was up like a rocket today? if they can bring the debt down a bit (i pray) this stock will have long legs.
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