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: Oracle who wrote (6688)	8/15/1998 10:59:00 AM
From: MONTY22	Read Replies (1) of 22640

Why are you short TBR now??? 1. The last two trading days have shown a distinct difference in relative strength; it has outperformed the Dow. 2. The downside momentum has apparently stopped; and a bottoming formation has appeared. 3. Most importantly; When a stock is at a bargain level after dropping 35 points in 10 days; and the Growth prospects are still there, not to mention a PE of 8; which way do you think the next major move will be? Down?? 4. There are a lot better short candidates out there than TBR I don't get your logic!

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