35854 replies to this topic

[Mostlya]

Today could be the day those Rand hedge worshipers get locked in for a decade. Forming a strong top now and its going to take those people buying in blindly today a long time to realise the game is up.

[Halfday]

If the ZAR is weakening

surely the foreigners holding our stocks are getting a bit nervous!!

especially if financial HELL is coming...

 

In foreign currency terms their shares can't be looking so good,,,

so when will they start selling or are they long gone??

 

What about the dual listed companies?

They can't be looking very good  in pounds or dollars...

Or do they just look cheaper and so they buy more!!!

[cdb999]

Yeah I read it way too much. It tells you the truth. Not great for trading psychology

yeah true, you just wanna short everything after reading some articles on here

[Mostlya]

You guys should check out this news site. http://www.zerohedge.com/ if you have not already

Yeah I read it way too much. It tells you the truth. Not great for trading psychology

[cdb999]

You guys should check out this news site. http://www.zerohedge.com/ if you have not already

[cdb999]

brent down, FTSE down, Dow F down, GBP up, yes. This sucks

[cdb999]

General Motors to offload South African assets to Isuzu. ZAR not taking news well #JSE

[cdb999]

hope so.

Im down by over 400p .. this has to be a massive drop to recover, i dont think itll get there

[cdb999]

lol fx just keeps getting manipulated. eff this

[cdb999]

This is it boys... the final stretch of the elastic before it snaps...
Shorts will be rewarded

hope so.

[Ninja]

This is it boys... the final stretch of the elastic before it snaps...
Shorts will be rewarded

[cdb999]

FX is just ripping us a new one.

[cdb999]

It's really rough I know. Hope you can hold on and find the liquidity

thanks. i hope so too.

 

hopefully we all walk away happy this week.

[Mostlya]

dont think we'll hit the ceiling now. its insane. wow im so down its not even funny.

 

this kind of behaviors wipes out accounts,.

It's really rough I know. Hope you can hold on and find the liquidity

[cdb999]

Clear panic buying. Nobody wants to miss out on stocks now because they've done so well over the last 8 years especially Naspers. This notion that the JSE is protected because of the Rand will unwind rapidly.

 

The Rand is the mechanism trapping buyers into the JSE. Each market has its own psychological trap or bias. The US, UK and Europe have policy including Monetary. China has government manipulated statistics. You get investors concerned about the reliability of these issues and the panic starts.  

 

The lack of due care being shown regarding these traps is bubbling this market right now. Put another way a healthy market would assign a certain probability that these beliefs are true and would discount it. At the moment there is no discount. The JSE is 100% priced for a Rand collapse and a move to 20 versus the dollar and far worse against the Euro and the Pound. Nobody even bothers to consider the statistical side of it or the actual Rand trade flows. It's a massive trap that is only going to be questioned once the other international biases are questioned. 

 

Of course it's too late by then.

 

Question is have we found a ceiling yet?

dont think we'll hit the ceiling now. its insane. wow im so down its not even funny.

 

this kind of behaviors wipes out accounts,.

[cdb999]

lol I'm even laughing. Check ig. 77% short. 65% last hour. ThAts significant

80% short

[Mostlya]

What a joke these rallies against all odds and other markets!!!

Clear panic buying. Nobody wants to miss out on stocks now because they've done so well over the last 8 years especially Naspers. This notion that the JSE is protected because of the Rand will unwind rapidly.

 

The Rand is the mechanism trapping buyers into the JSE. Each market has its own psychological trap or bias. The US, UK and Europe have policy including Monetary. China has government manipulated statistics. You get investors concerned about the reliability of these issues and the panic starts.  

 

The lack of due care being shown regarding these traps is bubbling this market right now. Put another way a healthy market would assign a certain probability that these beliefs are true and would discount it. At the moment there is no discount. The JSE is 100% priced for a Rand collapse and a move to 20 versus the dollar and far worse against the Euro and the Pound. Nobody even bothers to consider the statistical side of it or the actual Rand trade flows. It's a massive trap that is only going to be questioned once the other international biases are questioned. 

 

Of course it's too late by then.

 

Question is have we found a ceiling yet?

[cdb999]

lol I'm even laughing. Check ig. 77% short. 65% last hour. ThAts significant

[cdb999]

lol I'm even laughing. Check ig. 77% short. 65% last hour. ThAts significant

[Rulz3]

What a joke these rallies against all odds and other markets!!!