Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.511

+2.0%

Jan 14 3:50 PM EST

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To: chirodoc who wrote (271)	10/10/1997 1:24:00 AM
From: dougjn	of 22640

BackDoc <<lots of backing and filling as those people who bought in 140-160 range are trying to get out....>> Probably right. I got in at 140, rode down to below 130, added some more there. Then a lot more at 119. Basically I like about last high, little below. I.e. around 160. I'm a long term investor by nature, but have decided this is an intermediate term trading stock. Sure the uptrend is long term up. But why fight the Brazilian cowboys? I mean Boleros. Or is that Arentina? What's the Portugese? Never mind. <g> Anyway, more money in joining them. Been watching this baby trade up and down for a while. They are a lot more predicatable than most Yankee traders I know. Regards, Doug

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