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

To: Oracle who wrote (6667)	8/14/1998 9:18:00 AM
From: RockyBalboa	Read Replies (1) \| Respond to of 22640

Also think of another knee jerk reaction, despite on open up strong again, BVSP up 235 /2,7%. TBR seems to open 100+. ?? But what then. Christian

To: Oracle who wrote (6667)	8/14/1998 9:54:00 AM
From: EPS	Read Replies (1) \| Respond to of 22640

Oracle, I don't do TA nor do I do day trading so I can't help much. I suggested that we could have some sort of a rally here because of Asian action last night, the prices of futures this morning, the action in Europe this morning and more fundamentally because I don't believe that Brazil and Russia are in the same bag: the people that are betting momentum wise in this direction will eventually need to cover. The big boys, who probably sold first at 125, will cover first and then others will follow. The big boys are in command. Victor