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Strategies & Market Trends : Telebras (TBH) & Brazil -- Ignore unavailable to you. Want to Upgrade?

To: Steve Fancy who wrote (22327)	5/25/2001 12:13:26 PM
From: Steve Fancy	Respond to of 22640

I'm on hold for now in Brazil. Had thought about bailing from EMT and TRO also, but they have rebounded nicely and if the Ibovespa goes down further I think TNE will get hit the worst as it has the largest weighting in the index. TNE still trading close to lows of the day while EMT and TRO are almost flat. Also holding TMB, TBE and TCN and those positions are small enough that I plan on holding for consolidation. I will watch TNE for trading opportunities. Steve