Days off

[peterbirks]

Anyhoo, Jan has gone back to Worcestershire, leaving behind some of the cookies and sweeties that I bought for the weekend, and which I am now guiltily consuming. I've knocked out about 1,000 hands on Party (frighteningly, with little conscious effort) and progress is being made in the kitchen. The flat is still a tip and I am still alone, but at least I got my act together and booked three days' holiday. I paid rather less than I had intended at first, mainly because I've also chosen my new fridge, and these AEGs don't come cheap. If it's a choice between a expensive holiday and cheap fridge, or vice-versa, then I'll go for the pricy thing that isn't transient. O course, perhaps I should buy the expensive choice in both cases, but then I'd feel uncomfortable about it.

I've got tomorrow off as well, and I'm pleased at that, even though Jan went back today. It will be a genuine "day off" for pure chilling. I'll probably do a buit of tidying -- may even file the finances, shock, horror.

I've got no short position on the FTSE at the moment, which might be a mistake. I honestly felt there would be a rally to around 4,000 before the next downturn. But I'm still keeping the buying powder dry until we hit 3600.

Tired. Bed.

__________

Comments

[jaybee66.livejournal.com]

Why do you townies bother with fridges? Expensive ones at that.

You live near a supermarket and you pass them everyday.

Why not use the supermarket fridges as your own and buy food on a just-in-time basis.

You'll save money through not purchasing a fridge and you'll save money on electricity not used. All the better to hit the million sooner.

I cook too and have never put leftovers in a fridges. My chiles and curries are good for three days left in a pot at room temperature. Cheese can't breath in a fridge. Spreads don't spread from a fridge. Powdered or long life milk? And real cooks don't buy frozen foods.

[jiggery-pokery.livejournal.com]

Two weeks down the line and the FTSE is now below 3600 - below 3500, even. Might I inquire about your thoughts on the matter?

[peterbirks.livejournal.com]

I was talking about this at the weekend and remembering my position back in 2003, when I had originally said that 3100 or thereabouts would be the low but, when it moved to 3200, I changed my target to 2700!

The temptation is to make the same mistake again, and I set out at the weekend determined to avoid it. I collected my list of stocks from last early November, recalibrated, recalulated, and came up with a couple of buys. Then, needless to say, I left the sheets at home. Still market down to 3470 as I type.

The annoying part is not maintaining my short FTSE position with IG, because my stocks haven't declined anything like 25% over the past feww weeks -- 11% is more like. The fall in bank stocks and some particularly out of favour dogs is skewing the FTSE badly compared with "average" stockholdings.

One of the stocks I liked to buy for the recovery was LowBonr, and another might be Whitbread. Absolutely on the "I don't want list" are BT, ITV and Punch Taverns.

PJ

PJ