hows Rich doing these days, only media link is this interview as of late.. http://traderscom.stores.yahoo.net/stcov234inri.html
truth to the dennis rumour?? http://www.elitetrader.com/vb/showthread.php?s=&postid=1648163&highlight=dennis+gay#post1648163 turtles may have more of a double entendre' meaning! LOL! surf:eek: :eek:
That's the most recent thing I've seen on Dennis in a long time. The last was in September of 2000 when he shut his fund down again. I wonder if the investors sued him again like they did after he closed down in 1988? anybody know? He seemed very bitter about getting sued.
I was in that fund, I did not get any notice of class action. But, I scaled out of his fund and therefore was net profitable. He had a big drawdown then a very quick recovery. I took my profits out. Then watched the remainder of my account get crushed in just a few months.
He had at least (3) separate DDs managing client money that ended bad. Which period are you referring to? 83, 88 or 00?
A supplement to the 11/2007 issue of "Futures" magazine, entitled Agents of Change, has an article about Richard Dennis that appears to have fairly recent quotes. This is one I found interesting: Dennis says trend following is more difficult today and the struggles of trend followers are not simply due to cycles but to a fundamental change in the markets. "Something has changed. There is certainly more efficiency. I think trend following is harder, it had to get that way because the more people do it, the more that the opportunities are arbitraged out," he says. [rwk]