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


To: Sonki who wrote (14795)8/20/1998 7:01:00 PM
From: Judy  Respond to of 42787
 
sonki, I will answer about tbr via this post because I got several pms about it.

The easy money on TBR as a trading vehicle has been made since the auction for privitization is over. Now it is a high risk/high reward investment issue. Recall when I posted on the TBR thread entry prices, one for traders at 102-105 and one for investors at 90-92? I posted my fundamental concerns as an investor and left it at that. Now it has come to pass ... currency devaluation in Venezuela has bought us to sale levels, devaluation of Brazilian currency will add further pressure. Low to mid 80's looks to be a good price if that holds when the DOW sells off.