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I've put an order limit at 300 !
NightYard : Not if you keep on long ! If price drops after bad results, they always go back up after a few days
Oracle : Thank you ;-) ! I've done so many mistakes in the past being greedy, acting on fear and impulse ! Now, I think ! At least I try !
After some experience in this field, i'm starting to be cautious when the market goes bull after 4/5 days ! ... After that usually comes the sell off ! I could be wrong but I sold all my shares on great profit yesterday waiting for a new dip ! IMO
My thoughts on this is that closing the travel corridors isn't much of a change from what it was before. It also doesn't mean that flights are grounded. It only means that if you travel in/out you now need this bloody test (4 of them in some areas) ! It makes travelling slightly more of a hassle and confusing ! People have stopped flying since September regardless. The only positive traveling news is that you can buy a lot of flights on sales for the remaining of 2021 into 2022 and you can change your booking at anytime for free. But all this to say no where near March plane grounding ! So pretty confident in no big moves on the forthcoming SP. IMO
Yes you're right Dagger ! On the same page as you ! No I haven't been looking at my screen for 4 days except today ;-) Including the news that I am not ready to tune in yet. They are more lethal than the virus itself.
Hey Dagger, Hope you're ok. I don't think the travel corridors would impact the whole thing as no one is flying right now anyway In my opinion ... I am a big traveller in normal circumstances but I have put a stop to this circus since November regardless This is not wishful thinking as i'm a long holder but an interesting point.
Linkop : Yes this is not wishful thinking ;-) If I was wishful thinking, I would say : Next week my shares may triple ! We're on the same page ! People will by all means jump on a plane more than ever after all we've been going through and the sector will rocket again because of that... and when millions have been deprived of travelling for so long, there will be mass gathering at airports When ? No one knows ! What I do know though is that I will keep my shares in the oven for as long as it takes ...
Buffaloben : In stitches ... SO true !!!!!!
Travel will explode soon ! I'm the first one in line for a few BA bookings ! Patience and it will rocket ! Everyone is looking forward to see their loved ones they haven't seen for over 10 months not to mention those that will want to chill elsewhere and see something else rather than their 4 walls
Hey Dagger, I am well thank you and hope you are too. I am confident that airports and planes will be packed as soon as this lockdown circus will be over. Keep well.
Pers : That has been my philosophy all along ! Hence being patient and go long right now is the only way we're going to win over this apocalyptic period. The first thing people will want to do once they can is to jump on a plane or a cruise, more so than ever and that's when the SP will go up like a rocket !
I'm not a magician but I would imagine that the market has taken into account the situation and that these lockdowns have been priced in. Though this new lockdown isn't anything near the one we had in March when all planes were grounded. Hopeful I am ...
I've put an order of 10'000 at £1.55
I placed an order of 10'000 at £1.55
WASU and Dagger : Yes it's this patience game that drives me nuts sometimes ! I guess it's just the news contradicting itself all the time. One article says that, the other says otherwise. Barnier says that and Bojo another ! Same with that US stimulus bill which when positive boosts the whole things up ! Then I thought also perhaps Xmas periods may tend to keep the market slow ! But yes, what was low one day will be up the other ! Dagger - I am going away on Tuesday for 12 days so I'll be busy and not watching the news or my position that much, I hope ! But guys, thanks for your support ! I guess we're all in the same boat !
Wasu, I need your cheering up ;-) !!!!!!! All my shares are in red ! Us airlines, got them all, IAG, EZJ and all the rest of it ! What is going on ? ? ? ? Is it always like that during Xmas ? the market being sluggish ? I haven't been trading long enough to know ... Have a great week end all ! Hoping next week brings us all a smile
Fingers crossed ...
Strange as nothing has really moved in the last few days ... News around aren't that bad either ... Not getting it !
Where did you see this ? I'm trying to find where we at with this Brexit saga ...
DaggerMal - Thanks for your comment. I have only entered in this in June. Done some colossal and laughable mistakes but never lost anything as I recouped it all ! Thank god. I have managed to make some amazing money actually at the end. I have invested money I don't need which is I think what everyone should do. Happy to wait. BUT, the most difficult I find, is to educate my patience, to STOP panicking and act on a whim and STOP looking at that bloody screen ! Once I can master that, I think I'll be fine. The real motto of an investor is patience, not sell in panic and think that whatever was down will go back up in time. The mastermind game is harder than the money itself ! Can't remember who said that (Buffet I think) ... I've learned a lot though ! I wish you all the best with your cab driving because it mustn't be easy at present !