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


To: Jay8088 who wrote (7660)9/8/1998 11:28:00 PM
From: CuttotheCore  Respond to of 22640
 
In case you are interested, I think that I have been here before. Oct. 94, telmex, 67.5, mar 95 23.
I would urge you to setup or create a chart of that recovery. Very painful and prolonged. But, if you look at the period from mar, 95 until mar. 97 I think that you will see 3 significant rallies, a near rally and then a sustained breakout.
There was a lot of room to make money, up and down, while tmx was depressed, hated, forgotton and generally ignored. And yes, two years lator one could have ridden tmx from 29.5 to 56 in 8 months.
There is money here, it is for the making, but it is not going to be easy. We got caught in a little international relations where latam is apparently setup as the dummy. Ain't so.
I urge anybody here to study that tmx chart from 94 forward. You just may be intrigued. Nothing much we can do about what we lost, except, maybe, with a lot of hard work start making it back, little luck won't hurt. Last time I counted 62 to 75 was >10, back to 66 was 8 more and next thing you know we're making it happen, rather than it happpening to us.
All jmo, best, rdk.