Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 1.170

+6.4%

Nov 12 3:59 PM EST

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To: MGV who wrote (8698)	10/1/1998 1:13:00 PM
From: dougjn	Read Replies (2) of 22640

I don't know. The new lows on the transports are troubling. Sure we're due for some sort of weak short rally at least, but it may not be much more than that. And bad foreign break anywhere could lead to a sell through of the Dow and S&P lows, seems to me. Then we'd rally strongly from an emotionally severe downdraft. You know, your 350 plus down day. You must be really sure that Cardozo wins the first round. I would guess that even a strong win that requires a 2nd round would tank Tbr, ever from here. No? Doug

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