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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.945-1.1%Nov 26 3:59 PM EST

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To: md1derful who wrote (6515)8/11/1998 10:56:00 AM
From: Steve Fancy  Read Replies (1) of 22640
 
Nope, still hear Doc, not leaving for another hour or so yet. Trying to decide what to do. Will at least leave order to average down my AUG 115C cheap...otherwise will probably see what tomorrow brings. Just don't see this sell-off stopping yet. Agree that downside could be in the 89-92 range. I believe that other than perhaps a spurt of panic selling, absolute bottom around book or $89. Would expect a rapid rebound from these levels if it happened.

What a pisser!

sf
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