Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 1.080

+1.4%

Nov 18 3:59 PM EST

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To: Robert L. Ray who wrote (7905)	9/11/1998 3:46:00 PM
From: Steve Fancy	Read Replies (3) of 22640

Jerry Favors, the tech man who has impressed me in the past suggests that strictly technically speaking, the market should rally next week somewhere above 8100, then start a fall to somewhere significantly below 7400. This would not be good for Brazil. Too many damn opinions these days, but I must say, seems we've seen the firesale in Brazil over and over recently, but I haven't felt the panic in US markets yet. sf

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