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

To: chirodoc who wrote (6687)	8/15/1998 7:41:00 AM
From: Oracle	Read Replies (13) \| Respond to of 22640

Just my penny worth, Although she did close up, you must note the following : - 1) She gapped open due to arbitrage between US and Brazil, ie Brazil was already up 3% at the open. 2) From there it was downhill, until is settled in a 95-97 range. 3) Low volume. 4) T/A still showing probablity of continued downtrend. 5) Clinton (Monday), Russia, Japan, Hong Kong (possible currency attack monday bank holiday), and China. 6) Last trade but one was 95.875 Bullish list : - 1) Listing announcement date - due when ? 2) Fundamentals Any others - Steve ? (your absence is a worry !) Still short - for the moment !