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Strategies & Market Trends : Telebras (TBH) & Brazil

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To: chirodoc who wrote (238)9/8/1997 5:01:00 PM
From: Steve Fancy   of 22640
 
Anyone find a reason for the late day pull-back today. Got out of my Sep 130c with a profit, but sure wish I had sold them Friday for twice the profit. Pull back this morning seemed like profit taking after the quick run-up to 135+. If no news, end of day pull-back must have been more profit taking and/or short selling.

sf
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