Prudent trades in Prudential

John C Burford shows how his trading methods can be used for more than just indices and currencies. They work for large-cap shares too.

As regular readers know, I love to poke fun at central bankers. Goodness knows, the convoluted language US Federal Reserve chairmen have used over my career has been a constant source of hilarity. And now even the European Central Bank (ECB) is getting in on the act.

Here is a recent utterance of one Peter Praet (no, that is not a mis-spelling) the ECB chief economist, who responded to the question of what would happen if there was a sudden economic downturn: "If further adverse shocks were to materialise, our measures could be recalibrated once more, commensurate with the strength of the headwind, also taking into account possible side-effects".

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John is is a British-born lapsed PhD physicist, who previously worked for Nasa on the Mars exploration team. He is a former commodity trading advisor with the US Commodities Futures Trading Commission, and worked in a boutique futures house in California in the 1980s.

 

He was a partner in one of the first futures newsletter advisory services, based in Washington DC, specialising in pork bellies and currencies. John is primarily a chart-reading trader, having cut his trading teeth in the days before PCs.

 

As well as his work in the financial world, he has launched, run and sold several 'real' businesses producing 'real' products.