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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.424-3.6%10:11 AM EST

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To: DMaA who wrote (1467)4/6/1998 4:57:00 PM
From: Steve Fancy  Read Replies (1) of 22640
 
Thanks David...you get the best news of the day award. Any idea what time they were released? Ought to help maintain momentum tomorrow. Wish they had pointed out the 52-week high of 169 1/4. Sounds like folks planning on bailing before the actual sale may not have to deal with 12 sets of commissions.

A side note...I might be all wet but I'm not feeling the sense of urgency to sell that I thought I'd see at 9000. Maybe they will run this crazy market up to 10000, or maybe 9500. I'm starting to think the our markets will sell off in the lull after earnings...maybe mid May, assuming they are good enough to hold it up until then. Hopefully TBR will be far enough along to hold it's own if and when we correct.

sf
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