Member Info for Slim_Shady

My suggestion is to buy a top up when the SP goes below your average price or is massively oversold anything below 108 feels about that now. As we saw last week RR is itching to breakout so once this temporary malaise clears will be onwards and upwards again. Also lets not keep comparing directly to IAG as RR in much stronger position to cope with pressure on travel.

I would wait till Tues to consider any top ups and see reaction by end of day to Powell speech, final impact of Afghanistan fallout and also any other travel news. Too much could happen to worth adding more when SP is trading in tight channel

Surprised you closed on RR more solid prospects than IAG IMO. Lets see what happens over next hour nice upturn running in which is good.

U sold RR?

Keep going trying to be the big man keyboard warrior. U still haven’t backed up your post with any facts and insults won’t cover that up.

I wouldn’t be too harsh on RR as broader market as a whole is nervous with FED tapering, Afghanisthan, Winter COVID. Hopefully after today / early next week jitters will go away and go on a run again. Remember last time market was worried RR fell to 87 in mid July and now at 114 so done pretty well since.

Haha I already know the answer resorting to insults won’t change the fact you are wrong.

*poems

Show me your historical data then rather than spewing rubbish. Been tracking S&P 500 for a number of yrs which sets the tone for the markets so lets sticks to facts rather than figures.

On what basis are you saying Sep is usually bad? - for a number of yrs it has actually led to a bull run into Q4 as everyone returns from summer break when markets tend to be quieter. Last yr was an anomaly as there were serious COVID concerns prior to vaccine and ppl realising summer reduction was temporary reprieve.

Whole market is trading sideways waiting for US FED update at 2pm. Expect some volatility closer to the time but primarily once he starts speaking and mentions tapering timeline.

That news came in around 3pm so already hit the travel stocks so main impact already factored in. Main news tomorrow will be FED update

Positive update had hoped Turkey to amber but the vaccine rate still lagging so prob was expecting too much.

Unless there is some unexpected positive news from all these updates am anticipating a sell off tomorrow afternoon. With bank holiday in UK on Mon versus markets being open in US lot of investors may rather be out than in over the long weekend!

Morning Falky well done on the day trading this week gave yourself a nice buffer for any swing downwards.

Have been waiting for right time to top up and in recent months Fed update has usually led to a sell off in the market either in run up or after so waiting for outcome of that. Still got plenty in RR at the moment so no need to rush any additional adding.

Would wait to see the outcome of EU decision on US travel, latest UK travel list update and also Fed update before topping up should be quite an end to the week!

Systematic sell of at 3.10pm by HFs across sector for RR, IAG, Tui, EZJ, SSP and any other travel related stock. They must be laughing taking money from retail like candy from a baby as there had been no news fuelling the rise so I was already concerned on how the run up was occurring.

I am still trying to work out why the stock market is so buoyant with no news. In recent months never been 3 green days in a row so am sure there will be a big red one coming in next few days for ppl to jump back in.

I don’t think there will be another pullback like March as back then everyone thought COVID would be done by the summer then Delta hit and people realised there was a long way to go. Markets have been much more cautious since hence painful road back to 120.

Fundamentally RR made a small profit in H1 and it will only keep improving from now on so struggle to see sub 100 again unless a huge market crash happens which the Fed is doing everything they can to avoid and kick down the road.

Once ITP Aero cash is locked in this will go on another huge run so better in than out for the moment and if it drops back happy to take a discount top up.

I own both IAG and RR as well but since RR results it is the much better play IMHO as it has the core civil aerospace plus Defence cash cow and future clean energy prospects. Also its cash position is more solid than IAG and already back making a small profit.

I would only top up on IAG at 150 or on US opening or while with RR happy to top on any dip as its potential is huge.