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

To: Oracle who wrote (6511)8/11/1998 10:37:00 AM
From: md1derful  Read Replies (1) | Respond to of 22640
 
O: Agree withthe hold strategy...but wouldn't a better short have been when the stock failed to progress on the day of the auction??? Short term highs weren't even approached on that day..said something, no?? I think a better killing is in fact, to go long today, but I just don't have the nerve yet!!! No way would I short now. Isn't Steve out with the boat today...smart boy!! He catches fish, we catch ulcers!!!



To: Oracle who wrote (6511)8/11/1998 10:37:00 AM
From: TOPSID877  Read Replies (1) | Respond to of 22640
 
Steady:

If I remember right, price support at around 90 held
up during TBR's absolute worst days. Panic selling
now would be foolish. If you have the resources and
the stomach, this is really buying time.


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