We are in search of a bottom ~>in this BRAZILIAN DIP...isn't it sexy?
BOTD owns: RIO, SBS, CPL, & PBR ...down 10% from highs...if they continue down 2 to 5% more we will have no choice but to ... BUY the other 1/2 of BRAZIL.
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remember last time we showed BOOBS, ...we said buy something OIL!!
OIL oil OIL...what has OIL done since that call?
....again
BOOBS + BRAZIL = BUY ON THE DIP!
p.s.
BOTD LOVES RIMM & EMC
go tech!
....and....
CROX is going to explode with the INTERNATIONAL quarter of LOVE!
"teamwork makes the dream work"
this is good news =^)
In Sao Paulo, the Bovespa surged 2.4% to finish at 63,193.67, with the expiration of options for stock futures adding to action on the market.
Brazilian stocks finished higher ahead of a widely expected interest-rate cut to 11%.
The first woman, Is from Colombia!!!
OIL OIL OIL! PBR Goes to 90!
you are right, we cheated a bit on that one...she was just so cute.
PBR is the good OIL LOVIN!
cheers and see you at $90 next week!?!!
BRAZIL IS LOVE.
Brazil benefits from rising bank stocks; Mexico higher
By Carla Mozee
Oct 23, 2007 19:26:00 (ET)
SAN FRANCISCO (MarketWatch) -- Latin American equities rose Tuesday, with Brazil drawing strength from its banking sector and investors in Mexico's market assessing a slew of quarterly financial results.
In Brazil, the benchmark Bovespa index climbed 2.4% to 62,697.14. The market finished Monday up 0.5% at 61,215.13.
Shares of Unibanco (UBB, Trade ) contributed to the advance, with a rise of 3.6%. Bear Stearns reinitiated coverage of Unibanco with an outperform rating, and reinitiated Bradesco and Itau with peer perform ratings.
The broker said that Unibanco has "above-average flexibility to reduce funding costs". Additionally, the market's valuation of the bank "is not adequately reflecting the value embedded in the 23.2% stake in Rerecord," a Brazilian credit-card firm, wrote Bear Stearns analyst Saul Martinez in a note.
Martinez also said that while its view on the Unibanco doesn't incorporate a takeover premium, it believes that Unibanco "is an attractive potential acquisition candidate for a bank looking to expand its presence in the Brazilian banking sector."
Bradesco (BBD, Trade ) climbed 4.2%, and Itau (ITU, Trade ) climbed 2%.
Investors also snapped up shares of volume leader Petroleo Brasileiro (PBR, Trade ). The state-run oil giant closed up 2.4%. Mining firm Companhia Vale do Rio Doce (RIO, Trade ) also finished higher, by 1.9%.
BRAZIL BRAZIL BRAZIL
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