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

To: Steve Fancy who wrote (708)	1/13/1998 5:55:00 PM
From: Steve Fancy	Read Replies (4) \| Respond to of 22640

Whoops, looks like last trade was 106 1/4 at 16:48. Probably on the pacific exchange? Second day it's gone up after the bell. sf

To: Steve Fancy who wrote (708)	1/13/1998 9:48:00 PM
From: Weekapaug	Respond to of 22640

Steve, To tell the truth, I put my hands in prayer position when it comes to TBR. Ya know they say "do as the natives do" and they do alot of praying. The Korean market is making 52 week highs? But where are there stocks, near 52 week lows. I was very impressed at how quickly it bounced off 93 back to 99-100 area, and the volume to me idicated alot of interest in buying at those prices. I don't follow TBR minute to minute to see everything going on though? Just and OP? Anyways, at CBOE.com, last trade was 106 1/4 up 1/2 for day. It never trade up all day that I know of? Atleast volume was wayoff today. I would think postponement was good news for TBR IMO. It means they think it's worth more or are willing to wait for better price. Another indication financial markets are calming down for the time being IMO. I can't help but think if it were to run this week back to 114 area, I would sell for quick profit and wait again. Do you think it will ever calm down? I remember reading about Brazil option experation caused the last wild swing in price. When do they expire? Regards, Ken Hey, got any other candidates like TBR for me?