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

To: Steve Fancy who wrote (9641)11/12/1998 2:56:00 PM
From: CuttotheCore  Read Replies (2) | Respond to of 22640
 
I think we really want TBR to hold 78 and UBB hold 18.5. >
Exactly. tbr fell thru 20 dma at 79.25. I was set to short and stopped because of break-up.
.<< No way to tell how the Monday break-up is affecting trading now.>>
I came over to see what your thoughts were. If iraq goes up in smoke then I sure see tbr going down until turmoil subsides, breakup or not.
Think this support at 78 is PRECARIOUS. Do you have a put strategy? All imo.


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