hans redeker is with us.bring up the chart of the dollar-rand, it is a really interesting chart, folks. here is the lehman lows. here is the crisis of 2008. there's the weakness off of 2008 and the recovery. and then, it has been pretty good over the last two years. hans, can you go along rand, looking for rand to move 11, 10, 9? hans: we are longer on the rand. we came up three month ago with a story, which was based on our observations that we made in south africa. the political landscape was on the change. our political analyst did a fantastic job in understanding the dynamics within the african national congress. we are now within a situational flow where we think the new guy is coming in, and they will do a much better job. we will see if the delivery comes. normally in the market base we had a week and see position. once he knew the answers, you wait and see. i believe that might start in about two months time. tom: hans redeker, thank you so much. let me tell you about our next hour. we are looking at