hi guys, it looks like CTAs are being killed in December after a good November. I've heard number in excess of -10% on the back of heavy losses in Gold, Oil, Interest rates, and currencies. CTAs (medium and long term trend followers) have been running the following trends: Long gold short dollar long bonds long equities long commodities (in general) I guess they are now realizing how correlated these positions were. It looks like we're in for a bumpy ride as some of these markets are changing direction, and most notably the dollar. any stories/numbers you've heard off?