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


To: Steve Fancy who wrote (529)12/9/1997 7:09:00 AM
From: Bob Howarth  Read Replies (1) | Respond to of 22640
 
Have you noticed the correlation of TBR with level of US interest
rates? I suspect that if US economy slows in next few quarters,
and US rates come down, pressure comes off the 'real' and TBR
takes off.

I plan to add to my position on any extraneous pullbacks. This stock
could easily add another 20 or 30 points in a few months, unlike
most if not all large cap US stocks.

Your posts are really excellent. Thanks.



To: Steve Fancy who wrote (529)12/9/1997 4:35:00 PM
From: Steve Fancy  Read Replies (1) | Respond to of 22640
 
Brazil shrs seen trendless, liquidity still tight

SAO PAULO, Dec 9 (Reuters) - Brazilian shares are seen treading water Tuesday, with traders expecting more tight liquidity in the session, as major investors are likely to stay away while options players prepare for next week's expiry.

biz.yahoo.com