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May is over

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superstar
Regular Contributor
Finaly May is over, wonder if June will continue being bearish. Me thinks so
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8 REPLIES 8
sponono
Super Contributor
look to the Rand. It needs to break R8.60 to the green back and then the bear show will begin.
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Russ
Super Contributor
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superstar
Regular Contributor
And the bears are having a feast already
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DEP
Super Contributor
... well, the Rand weakness is supporting the Alsi.
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striker
Super Contributor
- Hmm - that's debateable. While a softer Rand it may be attractive for new foreign investment, they are giving flight to safe havens. Foreign equity holders invested in our markets, will be spooked by a weakening Rand and could easily take fright and fl
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DEP
Super Contributor
well, at least yesterday and today its been supportive. Look - most Euro markets are off between 1% and 2%. We down only 0.4%
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sponono
Super Contributor
@%&!!)_@*@><#+"""#(@)*#@?
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sponono
Super Contributor
sorry that was supposed to say the US June VIX futures open 8% up going through the previous resistance level of 28 http://www.forexpros.com/indices/us-spx-vix-futures-advanced-chart
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