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


To: Michael Young who wrote (15160)5/10/1999 7:27:00 PM
From: Steve Fancy  Read Replies (3) | Respond to of 22640
 
Hello Mike, appreciate the input. Despite the fact I know many read this thread, it's been a ghost thread around here lately. I am very bullish on Brazil longer term and generally agree with your sentiment. Not sure how long you've been following, but I have a wide variety of stock and options including at least a few shares of every baby and UBB. I sometimes trade some of the smaller options positions and plan on starting to bail from cellulars I determine undersirable and adding to positions on others.

Have you researched all the babies. I think TCP is a good pick, but curious what makes TCP stand out from the other babies to you.

The 140-150 you mention, are these guys looking for these levels this year? That would be even more bullish than the 120 +/- 10 points that I have maintained since the devaluation.

regards,

sf