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: Bob Howarth who wrote (11836)	1/15/1999 2:22:00 PM
From: Steve Fancy	Read Replies (1) of 22640

Don't know that I thought we'd hit my basing range of $70-$80 today. Does appear a lot of short covering going on. Who knows where this is going over the next week or so. I can give an arguement for a further rise, as well as an almost obvious pull-back. Unbelievable change of fortune...for now. I haven't said this for awhile, but ya gotta love this stock. My account will look substantially different at the close. After all my bad calls recently, I have to give myself credit for my predictions this market would rally on a devaluation. Apparently they just needed to devalue 20% instead of 8. As of yesterday I was becoming a disbeliever of my own prediction. I may even take a little out of the TNEAV's yet today. sf

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