Well, a fabulous night out at Kempton Park Races! I decided not to back favourites but go for longer shots - I had two bets of £20 on each race on horse over 10-1 - don't like each way, prefer two win bets instead. First race got the winner at 12-1 but even better tote paid at 15-1. Won £300, lost £20 on the other bet.

Lost £40 on races 2-5 = loss £80 (the favourites won) Then won with Motafarred in the last at 11-1 but the tote again paid 15-1! Another £300 won, lost £20 on the other bet so a total profit on the night of £480.

The two friends I went with did well too especially Craig. Well done Craig! It's a great evening out and a lot of fun. It's £16 to get in but that includes a free drink and a free £2 bet. They had entertainers there, marching bands and fireworks. Definitely go again. Of course next time I'll lose a fortune.

On Sunday night we're off to see a comedian - Susie Essman at one of the theatres my sister owns - The Lyric in Shaftesbury avenue. She's one of the stars of my favourite comedy "Curb Your Enthusiasm" - watched by me, and and about two other people...

She's a funny lady and I'm looking forwards to a good night out and will report back on Monday! Sunday is going to be the hottest day of the year.

I got my letter published in Shares Magazine. Probably the only letter they've ever had with the word "thong" in it. Well, I do my best...

I've noticed a "tipping point" - a tipping point is when a small clue leads to bigger changes in economics. So this small clue I noticed I think may lead to a recession next year (full of the joys of summer aren't I?)

The clue? Starbucks! Starbucks sells very expensive coffee and even more expensive cold drinks. They work on "Price blindness". That is customers don't notice how much they are paying because they feel quite wealthy and so don't think about the price.

It's when customers begin to notice they are paying out huge sums for their coffee and begin to stop buying and "Noticing" the price that will point towards a recession. And I think that is starting to happen.

In the States Starbucks issued a bit of a warning last week. But what interested me about my local Starbucks yesterday was, first there are definitely less customers than normal even given it's summer.

But I noticed a pack for the manager sitting behind the counter and managed to read a lot of it even though I was reading upside down!

The gist of it was that the company seems very keen to get more customers in and advises managers to take drinks out into the street to bring people in. They started doing this last week. Also they give "cold drink" tastings to customers inside to try and get them to buy the high profit margin cold drinks.

The staff notice seemed to have the drift that they need to bring more customers in and it seems a company wide thing. So it looks like a possible "tipping point".

And of course I could be talking complete crap. Well, I guess you can make up your own mind about that....Is Robbie talking crap? YOU decide!

The stories in the papers today about Posh and Becks "not smiling" as they leave for the USA seem a bit unfair. After all, when was the last time YOU smiled at an airport?

They are a complete pain in the neck now and I think they are perfectly entitled not to smile. I can't remember anyone smiling at an airport. I'm sure I haven't!

The BBC/Queen row just shows it's time the BBC stopped chasing ratings and concentrate on good things instead of wasting time on sensationalist trailers. Can you imagine being the person in charge of making that trailer?

What happened to you today? Oh, I just got the Queen really pissed off.... anyway I said sorry to her so I hope we're mates again..

I see some staffers at children's channel CBBC have staged a walkout. Honestly, they're acting like.. a bunch of kids!

Steve writes: Just a note to make you aware that your book has held its value well as I have just sold my copy on Amazon marketplace for £6.99 plus £2.25 P&P which I thought was excellent. Now I will be able to afford your new book when it comes out. Sorry for doing you out of a royalty but I reckon you can afford it.

Thanks Steve - yes that's a pretty good resale value. Don't worry about doing me out of £1.67. I'll survive!

Goodness me, what a comeback! However I remain wary - it's when you start seeing huge rises in the Dow can mark the start of a downturn... I'm not complaining for right now though!

I've bought 3,000 shares in RCM Technology (RTT) today at 241.23p (it was already up 4p). It's a little known tech trust which looks to have assets in all the right areas for me.

It publishes its net asset values every day and shares move along with that rather than whether anyone has bought or sold. It seems to hold its own or go up on downdays too. A nice chart too.

I just had to buy some more Dragon Oil (DG0) yesterday on what looked like a massive market-maker treeshake! I bought another 2,200 at 210.6p. Target 280 stop 190.

The share tumbled from 225 to 208 taking out a lot of stop losses I'm sure and producing a selling climax. I bought just as it turned though missed 209 by a whisker.

This shake is probably good news as I guess it happened so the mm's could pick up a bundle of shares. Anyway I took advantage!

Staying with oils, I have topped up on Oilexco (OIL) buying 1,000 shares today at 656p. Target 800 stop 595. On the risky side of my normal dealings however I'll take the risk.

Investors Chronicle has an interesting piece on it today pointing out the forward PE is only tennish when most in its sector are 20 with Tullow at 22. It's risen a lot recently but there could be a lot more here for me.

I had my usual row with Barclays Stockbrokers regarding their refusal to allow this one in an ISA despite recent promotion to the main index. Something feeble about it being "registered in Guernsey". This is despite every other broker allowing this in an ISA and no tax reason whatsover.

It's our own decision," they say. I say unless they start allowing shares like this in Isas I shall be moving the many hundreds of thousands of pounds I have in Isas with them to another broker.

Elsewhere a massive rise for Hunting where I still retain a long-term spreadbet in which I'm up nearly ten grand. However I'm kicking myself for selling a shorter term position in it earlier in the week missing a 50 point rise.

Volex continues to see some bigger buying coming in and I'm surprised it's not moving. Wellstream heads back close to 500p.

I was expecting my shorts to take a real hammering today and it didn't happen.. I continue to hold them as they will bring in the money on any market tank.

My shortish term trade in Xchanging is doing exactly what I wanted! Nicely up and heading towards the target I set... nearly there!!

Ms International rose another 7p over the last few days and continues to perform well - and even better news that directors are cashing in on options but not exercising them. Shows big confidence.

Carphone Warehouse is now nicely up from my buying price. Int Ferro looks very strong today and breaking up nicely. And Wellstream is breaking up fast as I write!

The portfolio continues to please me and looks very good indeed with much profit and only a very few positions in a loss and small ones at that.