Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.479

+6.0%

3:59 PM EST

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To: md1derful who wrote (7206)	8/27/1998 4:53:00 PM
From: MGV	Read Replies (1) of 22640

I fully intend to play with this as well Doc. The volatility is so heightened that there exists an opportunity to trade it right now. At the same time, I will not disturb a core position. If anything, I have a bias toward building it more. How much I trade and how much I add to the core will depend on its movement. Yes, I think there will be some more pain here. Its a state of mind isnt't it? There are institutional investors and hedge fund managers that have constraints that I don't have (short term performance measurement). Those constraints of theirs give me an advantage. It might even allow me to beat their butts short term as well as long term. So the pain that is out there, that they are feeling is much more palpable to them. Lets use that Doc (RK, dj, Jerry, Steve(s) and all).

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