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

To: Steve Fancy who wrote (6716)	8/16/1998 10:03:00 PM
From: Oracle	Read Replies (1) \| Respond to of 22640

Steve, I would love to see just one big down day, get it out the way !. I am long puts, bought 20 Aug 95 @ $3 3/8, A little expensive at the time, but they went to 6, and even though my order was sell 10 @ $6 for a few days, it did not get filled - pissed about this. Plan, is sell 10 @ $6, then see where she falls, if she falls below 90, I see her going to 85-86, that is my final target, ie sell last 10 @ $9. Then I plan to buy 20 @ $1 - Oct 110 Thats the plan, but we all know nothing goes to plan !!!!!!