Member Info for bobbins2

..since the last post, which, coincidentally, was myself.

Question (genuine) - does the rise in bond yields signify the (temporary) death of equity prices?

Answers on a postcard lease..

" should we indulge in the Russian kind" (of roulette).

Yes.

Fingers crossed for some dismal results next week , because if we follow the EZJ model, then good results would lead to us being about £1.13 in 2 weeks time.

Just saying.

I'll do anything for IAG, but I won't do THAT.

I'm thinking of going cold turkey...

Or maybe into rehab...

Oh go on then, fill that needle up with airline shares, and stick it in my arm.

Oh yeah, baby, that feels so good....

Until the withdrawal the next day.

Good evening everyone - my name is Bobbins, and I'm addict....

We are all addicts.

Next time will be different....

I'm giving up - after tomorrow....

I won't do that again...(except you will).

And that's just the birds and booze. Don't even start me on the money...

Don't normally post here - do a bit on IAG, but EZJ is actually now my biggest holding. Anyway, the last few days has obviously been brutal, with the insane drop after the good results - and that was after the price had already slipped from over a fiver during the previous months. Disappointing, to put it politely. However, back at the start of the year this was languishing at about £3.30 - but a little over 3 weeks later had soared to over £5 - so let's hope we can repeat that trick again.

Nice little bounce this morning - a close over £4 would be welcome, and hopefully indicate that we have gone past the low point, and started another bull run. Let's hope that macro/geo-political events don't derail that. Anyway, I'll be holding; just think it might take a bit longer to get where I want than I had originally expected (much like a lot of EZJ flights) - but confident we'll get there eventually. Good luck to all genuine holders.

When I say "find a different path", I don't mean a different geographical route, I mean a different way of living -emotionally/ spiritually/physically/psychologically. I know I like to joke, but I'm actually being serious for a moment.

Most of the urban/semi-urban areas I have just come through are truly awful, but unfortunately not unrepresentative of the country as a whole - overcrowded, dirty, unsafe, hostile, noisy ,rude, violent, uncouth... I could go on, but life's too short. I feel like a stranger in my own country.

Of course, if I won the lottery, I could retreat to rural Sussex with my lingerie- model wife, and all would be good. That's Britain today- still great if you have piles of cash, but if you don't, it's pretty sh**e.

fordm - thanks for the input.

Apologies for the off-piste posts, but there's acres and acres of fresh, deep, fluffy snow to explore.

Just driven back from Bristol. Its about 8 miles as the crow flies to where I currently am. Took me 1 1/2 hours, and exposed me to some of the joys of urban living. Genuinely left me suicidal.

Need to find a different path, or I am doomed.

Fordm - just read your 15.21 post. Quality, and entirely true. Also slightly depressing. But then I find most things are recently.

Dan - that's the trouble with "day trading". If it heads the wrong way, you can always get trapped into a longer term "investment" that you didn't want. I suppose the answer (if there is one) is to set a stop-loss, but then you risk getting spiked in the wrong direction - as a price drops dramatically for a moment or two, triggering your stop-loss, before (mysteriously) coming back. Luckily, the markets are entirely corruption - proof, so that can never happen. Excuse me, but I need to go and change my pants - I have just wet myself laughing.

Having seen what's happened to EZJ today, I assume we will all be selling up in a couple of weeks time, just prior to results day, and buying back (at a hefty discount) a day or two later?

Either that, or hoping for some catastrophic results, which would send the price rocketing skywards.

Tricky.

TP69 - Thanks.

EZJ is actually my biggest holding now, so of course the price is going to plunge. Duh!

Sick of stock markets/shares, and the insane fluctuations and randomness of it all. I intend to move my (meagre) money pot into something a little more stable and predictable. Like roulette.

With any luck, and if there is even the remotest hint of common sense in the property market, you will be able to add your extra 25% deposit to a 25% drop in prices. That would mean a working person (such as yourself) could afford to buy a home for your family. Not a house - a HOME.

Unfortunately, that's where vested interest/greed comes in, and they will do whatever they can to shaft you, line their own (already bloated) pockets and deny your aspirations. Wish to God I was wrong, but probably not.

If you need to lie, steal or cheat to get your property, DO IT. You are being lied to, cheated on, and stolen from every day, so I think a bit of retaliation is entirely appropriate.

Sorry - my cynicism has reached record levels.

Actually, I'm not sorry at all.

Scarlet - Thanks for that, good to know. As I mentioned the other day, if you go back to 2019 BC (before covid), I traded this a lot, and quite frequently on the same day. Haven't managed to do that for a long time now, but should those good times ever return (ha ha ha), that could save quite a bit of money. The absence of stamp duty was partially what made this such a good day trade, but the introduction of the Spanish tax partially abrogated that advantage ( although 0.2% is still better than 0.5%) Just think - if you made a ten grand day trade every day for a week, and were able to claim that back, that's £100. Or to put it another way, about 17 pints of Peroni/Moretti, or 21 vodka and cokes (depending which pub you are in, obvs.) Anyway, thanks for the heads up.

PS - I see that we are back below £1.50 (again). Got to laugh, haven't you. Haven't you?

EZJ have their trading update out on Thursday, so it will be interesting to see how that goes, and if it has any influence on the price here.

Well done - 5% in a week is brilliant - way better than working for a living. How many times have I told myself to always have something in reserve to buy any sudden drops - but yet again I found myself without funds, having put my last pennies into here and EZJ recently, at a price from which they have since dropped. Not too bothered though, I'm still quietly confident of making a few quid - it will just take longer, and it's frustrating to not be able to take advantage of things like the last few days. C'est la vie.