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

To: CuttotheCore who wrote (6882)	8/20/1998 9:30:00 AM
From: MGV	Read Replies (1) \| Respond to of 22640

Its sounding like capitulation is creeping in here. You know, that is a sign of a bottom.

To: CuttotheCore who wrote (6882)	8/20/1998 3:10:00 PM
From: Jerry A. Laska	Respond to of 22640

rdk, I'm still here reading every post. I've been pretty busy with real work and I've been taking a little breather from TBR while I let things sort themselves out. Plus I've made a wonderful discovery, if I am not making trades my account does not get smaller. Seems like everything I touched for awhile there turned south. my only TBR positions right now are some relatively worthless September calls (they weren't so worthless when I bought them). I am watching and will probably get back in soon with calls but I really can't see buying anything earlier than Jan expirations. My sentiment still has not changed the Japanese still have to deal with their bad loans and announce some concrete plans for dealing with them before I see things getting any better. Jerry