Storm Warning

Fridays P&L: GBP 485.00

Fridays Booze: 3 liters of some organic cider, 1 liter of red wine, 1 large Vodka on ice.

Another relatively pointless day. Spot cable, (GBP/USD), took a massive hit of 400 points because the recession in the UK isn't over as Germany, France and The US are making signs of recovering. In my opinion we are just being more honest. I took a beating on the foreign exchange futures I had but made a profit on a short position on the DAX.

Last night in the UK we had the head of the British National Party on the tv. He is, as you would expect, a loathsome character and he is supposed to be the friendly public face of his party but I have to admit he made some good points. I should hate this guy and all he stands for, after all I am nothing if not an internationalist and aside from my love of London as one of the truly great cities in the world I have no overwhelming attachment to the UK. I am aware, though of how some British people are feeling regarding the overwhelming immigration into the UK and worse, the insistence of certain groups to have their traditions and beliefs respected above those of their new country. While it is meaningless to me, I have lived in muslim countries, (only relatively secular ones), and have seen the friction that can be caused. I wouldn't really want that in Britain. I wonder why the UK is the target for so many immigrants, I mean in theory we are all part of Europe and the living standards in Germany and Sweden are much better than in the UK, so why the surge to Britain. I can only assume the benefits system here really is more advantageous. I wouldn't really know as I have never claimed benefits in my life but I have taken advantage of the health system. My concern is that the likes of the BNP cater to the dumbed down, me now generation.

Anyway, another weekend looms ahead, the recent cold weather pays havoc with my ankles and knees, I mean I am still mobile, but after all those fractures there is bound to be some residual pain - the most irritating is in my right knee which feels like a burning spike deep inside the knee cap. There is no way to relieve this, you can't scratch it like an itch you just have to learn to ignore it. That was a lot easier when I was drinking 2 or more liters of vodka a day. Anyway enough of feeling sorry for myself. Lets just hope next week is better.

Thursdays P&L: GBP390.00

Thursdays Booze: Last bottle of Chateau de Beaucastel 2000, 8 cans of Kronenbourg 1664

What to think about today? The markets still defy reason. After taking a fairly severe beating on some index shorts I had, I am taking money where I can find it, just to try and rebuild some capital. I am sure in the long-run I will be right, but trading isn't about being right - its a business and timing is everything.

Here in the UK we have one of our crazy right wing nationalists appearing on the tv tonight. I will be interested in hearing what the old crackpot has to say. My girlfriend is a foreigner who just happens to have come from a fairly wealthy background. Having said that she has never shied away from an honest days work in her life and has donated far more to charity, (in this country and abroad), than I ever have. I would be prepared to bet loads of money that she has donated more in charity and time to the underprivileged in this country than Nick Griffin ever has. So is she welcome because she contributes? if that is the case then the man is more hypocritical than I thought. I do believe that the BNP in this country is a bit of a sideshow, something to take our minds of the true dismal situation and corruption. You just have to look at the protesters on Sky tv. Some of them clearly don't know if they are protesting against racism or climate change or globalization. One things for sure they all have that smug self-satisfied look of people who have never endured hardship but are willing to cry on someones shoulder about other peoples situation. I only have to see the red dyed hair and nasal piercing to tune out before someone tells me about the terrible situation in Nepal or in Burma.