Wot? No rampers!30 Sep 2021 12:09
So what happen to all the hype about 200 by end of week, 250 by last week, 300 by year end? Where have all the rampers gone? Boiler room teal meeting or something?
My predictions for sp end of September, remember. Only one chartist bothered to take on the challenge, although no charts showing the crayon marks were ever shown.
My predictions were;
End September predictions
Predicting the sp will depend on certain factors for the end of September. I am sure, however, that the chartists predictions today will be able to factor in the wide range of possibilities with their crayons and rulers. So I present 3 scenario sp for month end September 2021 which do not include an RI. But I do give an RI prediction. We will compare with the chartists predictions that we anticipate today.
1. No significant change to events. 132. WIth no changes to the travel rules, no sign of US borders opening up, I predict a continuing decline in the sp as the cop26 media hysteria builds.
2. EU and travel rules change with fewer restrictions. 165. With easier and cheaper access to EU destinations to come into effect before the UK half-term school break up and CHristmas/new year bookings, I expect a lot of short trips which will benefit the IAG stable of carriers.
3. US opens up (together with 2). 175-195. A lot will depend on what rules are applied such as with testing, any quarantine, whether there is access to the whole country or states are able to impose restrictions. Minimal restrictions and the upper 195 is likely, a suite of restrictions, then 175.
4. RI. I will predict if an RI is issued before the end of September it will look something like this. It will be a 10% of holding offer, i.e. 1 share for every 10 held. The discount price will be 25% of the average of the previous 5 days
Verdict ... Number 3 is the closest situation to what we have, US to open but details unknown. sp currently 181 which is just below the midpoint of my estimate. Bang on.
The chartist prediction;
coolebenji
End September predictions
Game on BB..
Chart view as per your list:
1. 159 to 162 ..no news either way but it looks like this will be just before PCR test announcement
2. 178 to 196 ..After travel announcement, a real shake up the system, no costly PCR tests..
3. 220 .. US opening up
Generally, a chartist would not make predictions.. but unwilling to be outsmarted by fundamental analysis
these are my predictions for the end of September..
Verdict ... could be stated that the current situation reflects 2. so well done benji boy, you are on target.
There was one last one;
Oracle1953
TargetToday none of those just 20 years of experience.
322
Verdict ... Lets just call that a typo or something shall we?