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

To: Steve Fancy who wrote (6415)8/7/1998 1:24:00 PM
From: Steve Fancy  Read Replies (1) | Respond to of 22640
 
Lookin' like they may try and take it to 102. Unbelievable. I'll do a final averaging at 99-102. If we don't hit it today, I'll wait till Monday.

sf



To: Steve Fancy who wrote (6415)8/7/1998 1:26:00 PM
From: Kevmeister  Read Replies (2) | Respond to of 22640
 
What is it with this stock??

DOW up nearly 100 pts, and good ol' TBR down 3 more pts.
Seems like we're bleeding to death slowly. Every day giving up a few points consistently. STOP the bleeding PLEASE!!!



To: Steve Fancy who wrote (6415)8/9/1998 9:51:00 AM
From: EPS  Read Replies (2) | Respond to of 22640
 
Steve,

Well lets see what happens tonite...

Have started massive plans to hedge my October position with diagonal spreads and roll over my August calls. I was planning to do the hedging at higher levels but TBR's valuation was rather low all the way to the auction (and I was too bullish) and then when I thought that finally we had gained some real momentum...the crash @@#!

So it;s Sunday morning and I'm running spread sheets.

Victor


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