Let's look at monthly gold chart as an example. Obviously, it's rangebound during the last couple of years... but what about before? Guess any speculative approach has periods of good and bad performance, that's inevitable and good/bad years also depend on time scale at which a particular fund operates... Don't see any reasons why some instruments can't have huge trends any time in future.
What is the evidence of Al Brook's success? He claims to be a medical doctor, but runs chatrooms on the side? thanks! surf
You can't be serious. You are using a guy who trades in his IRA account ( like everyone else) to refute the performance of the giant, trend following funds? You do understand the difference, right? surf:eek:
That of course is complete bollocks. See French's work on momentum factors 1926-2012 http://mba.tuck.dartmouth.edu/pages/faculty/ken.french/data_library.html