Compare Wall Street to JSE

[Plonky]

We often hear how the local markets track Wall Street. If you compare the graphs the American markets have not shown much improvement over the past couple of weeks. . . . The JSE on the other hand has shown a strong recovery. Are we living in dangerous times, with a false sense of security.??? . . . Why is the SA market doing so well, when the USA is not showing much change ???

[john_1]

The Rand!

[john_1]

All the heavy weights are on or near record highs due to the Rand, and commodity prices..

[venice]

We also sold off more than they did.

[SimonPB]

more then the Rand, have a look at a 5 or 10 year chart, we still out preform and during that time we have some serious rand strength.

[jamoo]

hey john, does it mean there will be a reversal if the rand weakened? i am in serious crisis right now!

[john_1]

This is very true.. commodity prices. but the question is why now!

[john_1]

that responce was for simon.. Jamoo who knows, I would expect a softerning in prices but I don't trade on what I expect. I trade on what happens.