Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.956

-0.1%

Nov 25 3:59 PM EST

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To: Telemarker who wrote (11699)	1/14/1999 3:33:00 PM
From: Steve Fancy	Read Replies (1) of 22640

Brazil denies any plan to free float the real...may be lots if disappointed buyers tomorrow. The bovespa will have to open up up a couple % and maintain it ahead of the long weekend and potential for markets down across the world tonight. Been here...done this. Maybe through some miracle Brazil will muster up a gain tomorrow. At this point I don't believe anything Brazil has to say. I remain bullish, but not until the masses believe the currency is fairly valued. sf

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