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Archive for March 12th, 2008

Garden Gnome spent many years as a small-cap fund manager before his need to to spend more time with his lettuces got the better of him.
GG now spends rainy days trading equities and currencies. He likes to use a combination of technical analysis and news flow to make trading decisions.
Wm Morrison and Prudential
Posted by Garden Gnome on March 12, 2008

On Thursday after over 50 years, Sir Ken Morrison bows out of the eponymous supermarket chain that he built up from his father’s market stalls after the Second World War.


Mr FT is a self-employed spread better. After 18 years in fund management he was given the choice of moving to London or .. not. ‘Not’ won out.

FT has been trading full time from home for two years, with nothing but four kids and a beach to distract him .

He fills his spare time with weight training and rugby, though more coaching than playing these days.

FT mostly trades the forex markets and although he plays FTSE on occasions his bread and butter market is £$.

He likes to think that his technique is evolving but still hasn’t the temperament or money to back the big calls. He prefers to trade between 1 and 3 times a day, aiming to take regular small gains, but feels part of the evolution is in not dealing if the conditions don’t feel right.
A Quick One Before The Budget
Posted by FT on March 12, 2008

Morning folks,
I’m just knocking out a quick one here ahead of today’s UK Budget. I wouldn’t say I was surprised by yesterday’s reaction to the central bank announcements; after all we’re had plenty of experience over the past few months. But no, I didn’t play the upside for the simple reason that I don’t trust it.


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