Yes, it looks like we'll be making a payment this week for ROAR2.

I went to Yahoo Finance and the 1-year chart for the Rand shows an almost complete "head and shoulders" pattern. (If you're into technical analysis of stock charts, you'll know what I'm referring to.) The existing "shoulder" topped out at 7.4 in August 2007, so there's a very good chance we'll hit 7.4 shortly to complete the second "shoulder" (although the rate may not stay there for very long).

Here's the URL for the chart: http://finance.yahoo.com/currency/convert?from=USD&to=ZAR&amt=1&t=1y

Marcie, prior to August 2007, the Rand hadn't hit 7.4 rate since March 2007 and before that, it was October and November 2006 when it hovered around that rate.

Len and I decided that we'd consider anything between 7.2 and 7.4 to be a good rate for us and we'd make a payment at that point.

Cheers,

Andrea