Not overly heavy volume so it's just the fast money leaving and no one ready to snap up yet until Iraq and energy more settled.
I BELIEVE we will see a bounce from here, but that 111p is not going to go away until we move higher from this support line.
EZJ is sitting on major support now at ~1450, I cannot see this going to 1210. IAG is sitting on major support now at ~376, this may go to 358. TT is at 386 some way away from minor support at 375.5.
Nothing to do with management or how these companies are run, look at the whole leisure sector. If Lufthansa and Air Lingus hadn't issue profit warnings these drops would not have been so severe. TCG was already moving on the back of Flybe positive results.
Look at EZJ, TCG's chart is nearly identical. IMO when EZJ starts moving this will move. Both are at the very bottom of the Bollinger and have almost dropped out. Next catalyst is traffic figures on 4 July.
This is where "buy when others are fearsome" really comes into play.
No worries Mogie. Nothing to forgive. In your own time. Yes, I do understand; I read other boards too. You need to know where your friends are. We will "speak" another time and perhaps on another board if you wish. Here to help when and if I can and of course if you wish.
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