Telebras (TBH) & Brazil Message Board

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Strategies & Market Trends : Telebras (TBH) & Brazil

TBH 0.896

-0.9%

Nov 21 9:30 AM EST

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To: DMaA who wrote (11793)	1/15/1999 11:10:00 AM
From: Steve Fancy	Read Replies (1) of 22640

Thanks DMA, I suspect he is partially correct. We'll have to see where this goes. I had continually speculated a devaluation would spark a rally, but still a lot of uncertainty as to where things will end up. Buying a few July TNE's ahead of the auction...adding a few TSP April 20's but other than that I'm on the sidelines for now...already pretty well loaded up on TBH, TNE, TSP and UBB. Thinking about TCS and TCP. What pisses me off once again, is that someone obviously knew at the end of the day yesterday...and it appears only in the US. The way that TBH was ticking up while the Bovespa was ticking down at the end of the day was uncanny. sf

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