Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.896

-0.9%

Nov 21 3:59 PM EST

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To: lebo who wrote (6292)	8/4/1998 2:37:00 PM
From: JohnN	Read Replies (3) of 22640

Just averaged down my Aug125C position big time. I would like to think of this as a "buying opportunity" but am using it hoping to help break even for this month. I can't believe I waited all year for the sale, to now be treading water. I'm not sure what news or events will drive this to the 125-130 level again. Hoping for a pop to 120 before all time value is gone. Steve, any strategizing taking place on your part re Aug 125s? John

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