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

To: md1derful who wrote (6965)8/21/1998 12:15:00 PM
From: Steve Fancy  Read Replies (3) | Respond to of 22640
 
I don't have the guts Doc, but could be an interesting (that word again) play. Could see some short covering yet today. TBR is now in a situation where any good news could shoot it back up so fast that I have to believe that shorts are considering covering.

sf



To: md1derful who wrote (6965)8/21/1998 12:22:00 PM
From: MGV  Respond to of 22640
 
Look out for a false rally before a deeply exaggerated down today.

Doc, the 80 calls yes, but not before Y2000 expiration.

I'm poised to buy more. I was fortunate enough to sell some WCOM leaps yesterday at a good price to raise cash that I'm finding it hard to hold onto with TBR.


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