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


To: MGV who wrote (6792)8/18/1998 2:20:00 PM
From: Steve Fancy  Read Replies (1) | Respond to of 22640
 
Alright folks, gonna stick my neck out again. I think we've seen the low at 91 1/2. Per CNBC, the Yen is down against the dollar...rumors that Japan and Hong Kong are raising cash for a joint intervention. I believe it and am looking for the rumors or action to basically hold things in check over the next few days...hopefully enough time to get us to the listings, or at least some new news which I expect before the end of the week. Should be uphill from here on out (famous last words).

With a lot of luck, Dell's earnings tonight will help further general buying enthusiasm tomorrow.

Good luck everyone.

sf