Member Info for big-blue

Lots on here hold both and other airlines.

Easy J bots keep pulling back and then pushing forward, back and forward. Looks like the sector is receiving some attention by the iis. Now 715 [this can't last, surley] so looks like I'll be adding a couple of hot wings to lunch too. I'm going to get very fat!

See you're hedging there Teddy. You gave a date, but no time!

https://www.lse.co.uk/news/IAG/uk-summer-flight-bookings-edging-towards-2019-levels--1xkq24gkh9tub2i.html

The critical bit in the articel is that people are checking and waiting for restrictions to be removed before booking. For IAG the big one will be US removing preflight tests.

Lot of good news out there with countries dropping quarantines and tests all over the place now. Many doing so despite rising case numbers locally. It does seem that the information on severity from the lead countries with omicron is now being accepted and some countries are not waiting for their own spike, but acting ahead of spikes. Given how useless the campaign to stop the spread of a virus has been, I wouldn't wonder that there will be an acceleration to removal of restrictions. The big sticking point is the bloody masks. Far too many governments are holding onto the comfort blanket despite it is completely useless. The constant reminder of it is a barrier to people believing the pandemic is over and return to 'normal' behaviour like buying air tickets. There needs to be a major push against the masks to ride us of the pandemic both physically and MENTALLY!

https://www.foxnews.com/health/fauci-says-full-blown-covid-19-pandemic-is-almost-over-in-us

This from the states may be having the desired effect. F.K Easy J now at 712. I think I'll be adding a Crushem to the lunch too at this rate!

Yeeeeeeeehhhhhhhaaaaaaa....... Easy just popped 710, over 5% up which means cash in a couple of shares and feast on a HUGE bucket of KFC for lunch.

Yeahhhh baby!!!

Easy J taking the pis.s now, 4.7% whilst IAG hanging on to 170. Have the bots moved up one trigger point but not the other?

Anyway, I'm sticking for the moment. Well, unless it hits 710 in which case I may draw on a couple of shares and reward my investing brilliance on a huge bucket of KFC. Yummy.

Remember, trading bots don't have psychological barriers such as round numbers like 700 or 150. Not unless the programmer has added a coefficient that tries to anticipate human emotion wrt such events.

Anyway, having said that IAG is dancing on 170, Easy J 700, but there is a profit taking pull back. BUT, will you be caught out cashing in at the round number boundary? Where is the bots peak trigger point? 172.34? 172.33? Or 171.47?

Well. IAG has broken 170, as I anticipated. Easy J on the brink on breaking 700, might only do that as a spike though.

This could be a surge, iis take profits, pulls back a little. Then rinse and repeat upto results day. Or, or, this could also be a cascade up. Rare but they do happen, there have been a few over the last couple of years.

If this surge is really due to large buys being cleared, then the zig zag pattern will emerge over the week. The good bit there is it looks like establishing upwards trend [for once]. If this is a more determined move by iis in to travel, then
... excuse me ..... Easy J breached 700 there....
then the levels will be sustained and the surges could attract more surges. Then the cascade of 'panic buying' rather than 'panic selling' could take off.

So? Sell now take profits and wait for a short pull back and then pile in again?

Or wait, save the dealing fees and don't lose any gap in the increasing price?

I'm waiting at the moment, although I am noting the volume is not high, in fact it is low so the cascade effect hasn't really taken off. With a good strong cascade... Easy J 770, IAG 190 pre results. Then it is anybody's guess with the results.

With luck the gains are holding from yesterday. A % or two buffer seems to have started the morning off. Easy J again on a roll, looking forward to breaking 700 now and IAG 170. Still sitting on the sidelines before jumping into IAG, and whilst Easy J is out pacing IAG that is a sensible position. Couple of weeks to go before deciding on the spilt and going into IAG, but the trajectory is looking good so far.

To prove any correlation, normalise the values and plot them on a log graph. You will most likely find they are not a like.

Oddly when I posted this a couple of days ago, the post was removed.

£50 ????????????
Jeezzzzz, someone upgrading to prioritised boarding or something?

"Looking someone in the eye, and the actual first hand body language can never be replaced by Zoom or Teams."

Especially in the hotel bedroom ;) Big contract!!

D9Ber1, from what I hear, some 80% are fed up working from home and don't like the isolation or people contact. And most of the other 80% would have moved to wfh all the time or most days of the week to suite changing circumstances anyway. What has been the biggest impact is saving on travel cards and fuel. But even that saving is not making up for the loss of being with people at work.

https://www.spiked-online.com/2022/02/08/keir-starmer-was-heckled-so-what/

This is an interesting double take on the hoisting of Starmer. Pays to consider all angles and keep a 360. Be above the mass hysteria and see further.

Wobbles, yes, travel was possible during omicron to limited destinations with a whole heap of deterrents. Travel numbers were hugely affected by omicron. It is guaranteed there was a lot less income than if omicron had not popped up. The fixed costs still needed to be covered. To what extent the loan facility has been used remains to be seen. There are positive news stories of some airlines ending their emergency facilities without using the credit. It is possible IAG may say BA is going to do the same with the government loan. However, given the pax numbers for Heathrow, I doubt very much that is a probability. And we've been hearing from last spring that forward booking was going to cover upcoming debt. It didn't, US didn't open up until end of November, planes were 'mostly' full on a few routes restarting and the recovery across all airlines has been very sluggish long haul. My glass is half empty on the debt side.

https://www.express.co.uk/news/world/1562178/eurozone-news-euro-crisis-eu-public-debt-inflation-rates-ecb-knot

Little more background on the Euro issue that could explode suddenly. Always keep a 360 on what might happen. There is a coming war between the various bank institutions over there. Thankfully we are not involved with the Mickey Mouse currency, and these days we are out of the soviet europe too. We should be the profiteers out of their downfall if the embedded europhiles with the UK don't manage to get their hands on UK policy and sacrifice parts of the UK economy to save Europe. Oh yes, there are plenty of people in place for that day.

https://www.express.co.uk/news/world/1383370/eu-news-euro-eurozone-germany-ecb-bundesbank-angela-merkel-spt

Just to prove it isn't bunkem. The Germans did repatriate huge sums of Euros during the pandemic. Whilst Varoufakis says it will be Italy that takes down the EU, my money is still on Greece taking it down again. And I buy in to the theory that the marks printed after the financial crash are still stored in west germany ready to pull out of the EU at short notice.

Recession in Europe perhaps as Germany is reporting ever poor economic numbers, but not UK as we can change macro policy independently now. The EU is wearing on huge fig leaf at the moment as the Greek debt issue is coming back around. I see huge devaluation in the Euro as the reality of the currency becomes clear post pandemic recovery. Good job Germany printed all those new Deutsche marks currently warehoused somewhere in the west of the country ready for a quick break with the Euro!!!!

Negative equity is when house price falls and the sale value is less than the outstanding on the mortgage. House prices are rising! There is no negative equity problem at the moment or in the foreseeable future.