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

To: md1derful who wrote (6951)	8/21/1998 11:25:00 AM
From: Steve Fancy	Read Replies (2) \| Respond to of 22640

Don't know DOC, logic would say that shorts should be covering in here somewhere. Looks like it may set record volume today. Just don't know doc. Continues to amaze me how Brazil gets hit worse than any other country...unbelievable. sf

To: md1derful who wrote (6951)	8/21/1998 11:30:00 AM
From: Steve Fancy	Read Replies (3) \| Respond to of 22640

Doc, another concern of mine...Brazil is in meltdown mode, US doesn't seem to have hit that point that...seems dow could easily see another 150-500 points downside. Just don't know. sf

To: md1derful who wrote (6951)	8/21/1998 3:42:00 PM
From: Jerry A. Laska	Read Replies (3) \| Respond to of 22640

Doc, Would've been a good daytrade, I had an inkling but modified your strategy and was trying to daytrade Jan 80 calls but the market moved too fast for me and my limit order didn't get filled. I thought I could scalp a few points when it was in the upper 70's because I thought it might bounce to 82 or so. I didn't dream it would bounce this far today or I would have entered a market order or chased them. This is the first day I've really thought we were seriously oversold and thought about getting back in to the trading pattern. Jerry