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When will the banks start falling?

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Jobarshares
Contributor
I would like to know why the banks rally so much? FSR I can not STAND this any longer... Help ASAmblief!
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6 REPLIES 6
asylum
Super Contributor
Not just yet, if today is anything to go by the Banks for the short term are looking very bullish. Banking Index down 0.31% and JSE down over 2% so that should tell you something, yes?
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SIMBA
Super Contributor
The word in the masonic halls is FNB.s being hunted......
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Jobarshares
Contributor
Thx, I also heard rumors, but didn't know what bank. Guess after Barclays and ABSA, and then the Chinese and SBK, FSR kinda felt left out...
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Jobarshares
Contributor
I heard another rumor that Barclays is in trouble, and that they might consider selling their Absa stake...
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john_1
Super Contributor
the rand denies that rumour.
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Jobarshares
Contributor
The rand strengthened, so why do you say it denies the rumor?
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