True, but isn't it heartwarming to see marketsurfer and all of his hand puppets come out to play? I love a parade.
Thanks Surf, hilarious: John Hoenig, proprietor of the Capitalistpig hedge fund, is quoted on the front cover: "Trend Following will replace Market Wizards as the must-read bible for a new generation of traders." He operates a fund out of the midam pit?
And just when the trend seemed to be going in favour of Archimedes, his unveiling as the trend-following and embittered Covel delivered a sudden and unexpected knockout punch...
Mike Covel! You gotta be f'n kiddin' me. You just keep digging that hole deeper, don't you. I have no vendetta, just a visceral reaction to hubris and stupidity. I explained that with the arete post in reasonably clear terms. Mike Covel is an acolyte drone just like Market Surfer. The difference is, instead of Niederhoffer, Covel worships the trend followers: Henry / Dunn / Seykota et. al. Covel constantly bashes the use of fundamentals, and gives one sided presentations of market activity to support the trend following mindset, because he sells trading courses based on trend following. That is his business model. I have deep respect for what the big trend followers have accomplished--they have made billions and kept the money--but I am no acolyte. Nor am I a member of the pure trend following school. And I don't worship anyone. If some bullheaded nitwit came in here talking about how trend following was the only way to make money and all fundamentals are useless, I would respond in the same way I have to the Niederhoffer apologists. p.s. I thought you were done here?
Yet another one of those assumptions.. Seems that you believe everything you read, which might explain your own lack of achievement, Mr Covel or whoever you really are.
Okay tough guy. You really should have left. If I were Mike Covel, would I be ready and willing to acknowledge his trend-following acolyte status and call out the true nature of his business model? Would I readily state my opinion in public that Mike Covel has deservedly been branded an asshole for his duplicitous business dealings? Would I be ready and willing to point out the many flaws I see in the pure trend following methodology, even as I maintain my respect for what the big trend followers have done over the years? And then Archimedes sidesteps the knockout punch, takes hold of Reckoner's extended arm, and flips his dumb ass into the wall.
Yes, I thought you were leaving based on YOUR OWN STATEMENT, you goddamn moron. See quote below, "I will do as you suggest and cut my lost time with this thread and venue." Now you're telling me not to believe what I read including YOUR OWN POSTS? How frigging stupid can a person be???? Ladies and gentlemen of the jury, I ask you. Is this guy not the biggest jackass east AND west of the Missippi? I mean, good lord.