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


To: md1derful who wrote (6464)8/10/1998 11:32:00 AM
From: Madharry  Read Replies (2) | Respond to of 22640
 
ouch! Interesting article short term sell at $120 but long term buy as one year price target is $150. Is a 50% return on investment in 12 months merit a short term buy?



To: md1derful who wrote (6464)8/10/1998 11:50:00 AM
From: CuttotheCore  Read Replies (1) | Respond to of 22640
 
Pass the bottle doc. Picked last week to get away from the mkt. ouch. Should have listened to myself, but had sold and then got back in w/out stops. On the other hand, with a long term horizon, this may be remembered as a really great buying opportunity?????????????!!

Steve, I missed 260 posts, would you be willing to give your take as of 8/10??, or an approximate post of review?

T/A, tbr way oversold, but below meaningful support levels, 200 dma, etc. This 98-100 level has held since the 10-27 crash/aftermath, on all but very brief flurries (1day, once two days) below. However no comparable gap down like today.

Maalox, just may be the answer, at least, what the doc ordered...



Best, stx



To: md1derful who wrote (6464)8/10/1998 2:47:00 PM
From: EPS  Read Replies (2) | Respond to of 22640
 
Hey Doc,

Yikes..patience.. eventually the fun will end for the short sellers..

I'll be in your neck of the woods tomorrow! Hope weather is fine for sailing

Victor