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Strategies & Market Trends : Stock Attack -- A Complete Analysis -- Ignore unavailable to you. Want to Upgrade?

To: Angela Mango who wrote (14781)8/20/1998 2:11:00 PM
From: Magnatizer  Respond to of 42787
 
Angela

Technically TBR is oversold but still looks weak. I think it is due to the fact that many feel Brazil is going to devalue their currency. Could really hurt all companies that depend on that region for their revenues.

ht
david



To: Angela Mango who wrote (14781)8/20/1998 3:51:00 PM
From: Judy  Respond to of 42787
 
Actually today TBR is reacting to the likely devaluation of currency in Venezuela, if Brazil devalues, there will be another downdraft. Having said this, there is a gap at 80-82 that needs to fill and should be an appropriate entry for a long-term investment.


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