Friday, November 25, 2011

2 week hiatus

Okay Jeeves and Jeevesses, I'm shutting up shop for the winter. Sweeping the floors, putting up the chairs, shouting 'last orders'. Actually, I'll only be gone for a couple of weeks but you gots to dramatise for effect.

Caio for now. Catch you in early December.

Thursday, November 24, 2011

Sunday, November 20, 2011

Expendables 2 poster

Oh, asses will be kicked. 

Wednesday, November 16, 2011

Game Group - I'm done

A strange occurrence.

I got home from work yesterday at about 4:45pm and logged on to my trading system to see how my short position on Game Group was doing (a 'short' is a trade that profits from a falling share price). Not realising the market had closed, I thought something was wrong when the button to trade was 'ghosted' out. Rather optimistically, I jumped onto Google and searched for "Game Group profit warning". Nothing. I went to Game Group's investor pages on their web-site. Still nothing. Which makes sense - there was nothing to see because nothing had happened.

Well, when I went to work this morning and logged on at 8:30 am, Game Group had opened 40% down and they had indeed issued a profits warning. Finally, my long, long, long term prediction had come good. I closed down my trade and took my little pot of money home. It's little pot but it's a satisfying feeling to really call one and not feel like you're just taking a random punt. The coincidence is just that, eerie as it is.

This trade and the short Swiss franc trade were massively skewed risk-reward trades in my opinion. I've never had two sitters back to back. From here on it's just picking little bits around the edges.

Not being a full-time speculator has its rewards as you can sit back, see through the noise and let the trades come to you. Also, working for a living reminds you of the value of a pound, which anchors you with the good sense not to risk many months wages on the roll of the dice.

Tuesday, November 15, 2011

Oh my watch is the watch of terrorists

From Wikipedia:

"According to The Guardian, "the Casio F-91W digital watch was declared to be 'the sign of al-Qaida' and a contributing factor to continued detention of prisoners by the analysts stationed at Guantánamo Bay. Briefing documents used to train staff in assessing the threat level of new detainees advise that possession of the F-91W – available online for as little as £4 – suggests the wearer has been trained in bomb making by al-Qaida in Afghanistan."[3] United States Military intelligence officials have identified the F91W as a watch that terrorists use when constructing time bombs."

Kind of sucks.

Monday, November 14, 2011

Poor euro area

Make no mistake. These are the very dark times for Europe. Pitch black may be around the corner. Brace yourselves for a bumpy ride and long, long recession. My theory is that there is a certain amount of pain in the system and this pain that cannot be made to go away.

It can be maximised thorugh idiocy or reduced a little by astute policy and a lot of luck, but there is a big, inescapable rump of the pain that must be swallowed by the peoples. In terms of outcomes, it largely boils down to spreading it over a lot of people or a few, and taking the hit over a short space of time or over a longer horizon. I reckon the public will be suckered into taking much of the hit, with a measure of burden transferred to future generations.

"As other economies prepare for euro disaster, their selling will accelerate Europe's decline. The clock keeps ticking down. Eventually, the buzzer will sound and the game will be over." - The Economist, today.

"The European Financial Stability Facility (EFSF) last week announced it had successfully sold a €3bn 10-year bond in support of Ireland. However, The Sunday Telegraph can reveal that target was only met after the EFSF resorted to buying up several hundred million euros worth of the bonds." - Telegraph, today.

Friday, November 11, 2011

Something for the weekend.


I just installed the latest version of Firefox and will have to reactivate the famous/infamous Adblocker tool. It's quite something at the moment, all my favourite webs-sites are smothered in ghastly advertisements.

Monday, November 07, 2011

Brylcreem Cream

Given that a tube of hair gel lasts me almost a year I thought it was worth researching a decent product for my next purchase. I settled on Brylcreem Hair Cream and proceeded to order a tub for £3.50 from Amazon.

Alas, I have just now returned from Superdrug with another two tubs (half price). This stuff had better be good now that I've got enought to be pasting onto the top of my head for the foreseeable future. I may have to think up some other uses otherwise. Toothpaste perhaps. Maybe a pasta sauce.

Saturday, November 05, 2011

Recipe reminder: Tinned Mackeral and Leek

- Chop up half a leek and fry in a glug of olive oil for a a few minutes to soften.
- Add a tin of boneless mackeral in tomato sauce and mash up.
- Add a sprinkle of chili powder and black pepper. Cook for a further 2-3 minutes, stirring hither and thither.
- Empty onto a toasted roll (halved) and gobble up.

Simple, cheap, delicious, healthy and very fast.

Tumbling tumble weeds

It's that time of year when the digital tumbleweeds tumble through my blog.