super fund down on the year: Series A03.31.20091,894.62 -2.33 %-1.95 % Series B03.31.20092,526.24-4.49 %-2.87 %
any serious professional knows that "trend following" is a not viable strategy in the long run because trends only exist in hindsight. on the other hand, any so-called trend following system, would have to perform well in the present due to the impressive swings in the market. now, it appears not only the fund is based on a false premise but rather it also fails miserably exploiting it when the conditions are favorable to do so. :eek:
AGREED. It's best to buy support / sell resistance & keep some "runners." If a "trend" develops...all the better! =)
----------------------------------------------------------------------------------- For 2008 Series B: Jan... -3.61% Feb... +24.60% Mar... +1.95% Apr... -1.20% May... +7.33& June... +12.54% July... -15.00% Aug... -7.28% Sep... +0.46% Oct... +20.14% Nov... +2.78% Dec... +2.60% ----------------------------------------------------------------------------------- Annual for 2008 ... +46.56% ----------------------------------------------------------------------------------- Only first quarter of 2009 Marketsurfer, game not over. If last year you only look at 3rd quarter, it is a loss.
you must be joking!!! Pretty much ALL the funds that have a track record of 10+ years and which beat pretty much every hedge fund on this planet in terms of returns per risk unit are TREND FOLLOWING vehicles. Show me a hedge fund that made 60-70% returns per annum over 10 years+ other than through trend following. I show you at least a dozen trend following funds.