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

To: wl9839 who wrote (15427)	5/20/1999 4:19:00 PM
From: Steve Fancy	Read Replies (1) \| Respond to of 22640

Warren, I don't like the way the Bovespa or US markets are trading. Seems the interest rate cut did squat. Any idea of the problem today? Still Argentina fears? FWIW, I'm back into my AMZN short to partially hedge long positions. Think it may be about ready to breakdown to that 100 level. It's broken down below 100 DMA...next stop 200 DMA. I also feel US markets are going down...not sure if over a week or a month, but think we're gonna retest 10000, if not 96-9800. sf