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Not applicable
what time is the anouncement? thanx
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18 REPLIES 18
Papi_Chulo
Occasional Contributor
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SimonPB
Valued Contributor
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Shard
Super Contributor
Leaked info on Bloomberg, rate dropped to 6% (down 0.5%)
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Levitt
Regular Contributor
Live on CNBC Africa now..
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Not applicable
What is the rate? 6?
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Not applicable
50pts cut - 6 % Yay!
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Not applicable
Was the market expecting more?
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Not applicable
And why is the Rand strengthening?
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kwagga
Super Contributor
Buy on rumour sell on fact. Market was expecting .5% cut. It was basically a sure thing.
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Not applicable
In other words - no surprise.
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koos2
Super Contributor
Consumer debt has ballooned to R1.4trn from R360bn in 2002 and 46% of 18m credit-active consumers have an impaired credit record http://www.moneyweb.co.za/mw/view/mw/en/page292516?oid=504791&sn=2009+Detail&pid=287226 ; hope they manage their debtors and don't perpetuate the cycle.
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Not applicable
I think small longs just taking profit. Big move up coming. So says my battered long position!
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Not applicable
Something great has to cause that move and i cant think of something - because we are already looking a bit overbought on the markets.
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barry_1
Super Contributor
yes i agree,my index PUT triggered this morning at 39,ah well cant win em all! did not have the nerve to enter again,pity ,looks as if that was a mistake!
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barry_1
Super Contributor
stop-loss thiggered at 31 not 39.
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Not applicable
Sorry to hear that - i've got a couple of shorts going at the moment and still accumulating on bounces , so ya i'm really just trying to stick through this relief rally currently. I think it will be worth waiting for.
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Not applicable
virtually every major index trading at solid resistance. But all are making nudges through it. There has been a string of good news events lately, so I recon it is only a matter of time before we properly break 2500 - only to encounter our next hurdle at 2600
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