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


To: Fred Levine who wrote (1411)4/2/1998 1:51:00 PM
From: Steve Fancy  Read Replies (3) | Respond to of 22640
 
Thanks Fred...kind of funny how no one seems willing to stick their neck out lately...late last year TBR got upgrades or reiterations of buy ratings once or twice a week. Haven't seen any for a while now.

At least she's making her way back today, I hate to think what might have happened if we were having a bad day here. With the declines in Asian markets the last two nights, hopefully they'll take a breather tonight and the employment report tomorrow will be positive. Seems we're setting up to take out 9000. I've been contemplating buying (which I rarely do) index puts of one flavor or another as we go over 9000. Seems it won't take much more than a boo to cause a significant correction from that level.

sf