Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.476

+8.8%

1:27 PM EST

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To: DMaA who wrote (8239)	9/17/1998 2:23:00 PM
From: BomboochaBoy	Read Replies (3) of 22640

Cramer on TBR Hello all. I've lurked on your thread for a couple of days now. Thought I'd post James Cramer's newest piece, with reference to TBR. thestreet.com Wrong! Dispatches from the Front: Buying the Silver Lining By James J. Cramer 9/17/98 1:44 PM ET Department of Silver Linings, how can I help you? That's the phrase that keeps coming through my head when I see the action in the drives and the semiconductor index. These groups anticipated and led us down. Their telling strength seems to say it all on days like today. I know, what kind of (^$$*$(^$(&$#%?^$@^%#@ moron looks at the needles when the haystack is on fire? And I come back and say "this kind of moron." Because I am not going to go in and start shorting Gillette (G:NYSE) down here after everybody knows. That's like knocking the darn Disney (DIS:NYSE) down here. Not my style. During this period my trading style has been to buy weakness and sell strength. But I buy strength of the weakness on days like today. That means SOX, drives, and yes, the hideous drillers that got knocked by that old bull at Morgan Stanley, yeah the guy who loved them all the way down who now knocks them. Hearing the usual rumors of a big Brazilian bailout again. Dismissed them two days ago -- see my Telebras (TBR:NYSE ADR) piece -- and bought Telebras just now when I heard it. Fool me once. Back to the pillbox (literally and figuratively, given this flu).

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