As I wrote earlier in <i>this very thread</i>, "Like many others on this site, I like Surf and enjoy his company." However I've had no business dealings with him. I do understand he's run into trouble with other people he met via E'trader, who regrettably didn't live up to normal standards of good business conduct and trustworthiness.
Shrewd. Very shrewd. But isn't marketsurfer a big proponent of "free enterprise" is all its unbridled splendor and glory? Caveat emptor writ large? The guy who sold copies of copies of the PTJ documentary for upwards of $500, and tried to sell Madoff's buslness card for $5,000? In fact, from this very thread:
I realize now I could have been misinterpreted. I mentioned I have no business involvements with Surf only to make clear I'm unbiased. But I see now it could have been read as questioning his probity, which was in no way the intent. I need to keep in mind the trolling community on ET might include librarians, vendors, deinstitutionalized mental patients, paroled prisoners, or who knows what. I can't assume my comments are being read by traders and money managers.
It is not online, but The Winton Papers are a great piece of trend following literature: http://www.michaelcovel.com/2010/11/06/the-winton-papers-speculation-wise/ Part of it: http://www.turtletrader.com/drawdown.pdf
Looks like March was a generally soft month for the trendfollowers... Cpbell -6, Chspk +1, Eckh -1, Dunn -12, EMC -4, Grhm -3, JWH -1, Millbn -3, Transtr -2, Wllbridge +2, Wint unch.
Whoa, Dunn got creamed, as well as the others. Looks like most guessed wrong on direction this month. Add in the high fees and costs--I bet there are more than a few angry new trend follower investors. Wonder what the big man is doing to buck the down trend in March results?? Surf