Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.501

-3.2%

9:35 AM EST

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To: Steve Fancy who wrote (9460)	11/5/1998 2:28:00 PM
From: Steve Fancy	Read Replies (4) of 22640

Anyone locking in profits today? My gut is with the employment report out of the way, short of big news on IMF or fiscal package voting, that we'll see a pullback tomorrow ahead of the weekend. Though with some stability seemingly returning, traders may not be so nervous heading into the weekend, especially with the IMF news looming. Likely to correct somewhere along the way though. I'd say TBR is good for a 5 point pullback anyway. UBB have no feel...20 maybe? I suppose the action heading into the Bovespa close at 3:00 may be somewhat telltale. sf

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