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


To: Steve Fancy who wrote (6575)8/12/1998 7:39:00 PM
From: MONTY22  Read Replies (1) | Respond to of 22640
 
TBR "Dr Jeckl Mr Hyde" act!

I've been in the market over 30 years; and I thought I've seen it all!!

Well no, I have never seen a more abrupt change in any stock, without fundamental change in it's outlook; EVER!

GOOD FUNDAMENTALS, GOOD TECHNICALS, GOOD NEWS,... THEN, NEXT DAY...

33 POINTS DOWN, IN 9 STRAIGHT DAYS, WITHOUT AS MUCH AS A POINT REVERSAL!

Ordinarily, I usually don't get trapped, when a stock reverses; but this one trapped me because of it's unusual behavior, without a fundamental change!

I still think 3-months out, it will be much higher!

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