The third derivative of the orthogonal projection must be less than the amplitude of the first harmonic of the Laplacian. Perspicacity is far better for a trader than perspicuity. Penumbra suggest four cycles in advance the impulse response of the virtual structure. Aleatoric improbability cannot be predicted with any uncertainty. Postprandial disruptions should never be allowed to influence trading decisions. In my office we never fail to exploit chloroplastic hereopathies. Ignore hortanic coincidences at your own peril. My new book on exploiting solipsistic convergences is nearly complete.
All (65) 2012 podcast episodes at one easy download: http://www.michaelcovel.com/2012/09/07/michael-covel-monologue-24-the-human-marionette/
Michael, Just finished reading "Trend Commandments". Really got a lot out of it and couldn't put it down. Many thanks for a really positive contribution. I know for a fact Trend Following works, in sort of a back to front kind of way. Because I now see how much money I WOULD HAVE MADE if I had only practiced Trend Following since I started trading back in 1988!! Anyway, late converts are the most dedicated, and there's still plenty of Trends out there to follow. Please keep up the good work, cactiman
Trends don't exist and here's some anecdotal evidence: A colleque shared the data with me--- shhhh! Trend following kingpin Dunn is down 4% this month and 14% for the year. He obviously guessed wrong on direction and is hoping. Trend following is nothing but buy/ sell and hope. Otherwise Dunn wouldn't have this huge drawdown. I bet he is finished.