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Strategies & Market Trends : Telebras (TBH) & Brazil
TBH 0.730-1.3%Dec 9 3:59 PM EST

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To: Steve Fancy who wrote (11203)1/5/1999 4:46:00 PM
From: Steve Fancy  Read Replies (3) of 22640
 
Bob Pisoni of CNBC commenting on odd trading...I don't buy it...he seemed to suggest this volume had something to do with the Lucent contract with TCP. He said heavy volume on all the babies...not true...whatever this was hit only four babies and TCP WAS NOT one of them. Volume was slim on all babies all day...this handful of wierd trades in the last 30 minutes took the volume from next to nothing to...

TSP...8,225,100
TSD...5,028,200
TSU...2,056,000
TND...1,017,700

after this rash of blocks was done, volume hardly budged the rest of the day. And again, my broker suggested these were cash trades. AM I ON DRUGS? What in the heck happened? Can't find any reasonable explanation, or even anyone talking about it.

sf
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