Paul Dravis Is Selling the Wrong Guy
I posted this recently about some fundamental commentary that made it across my desk. The author, Paul Dravis, responded: “Interesting that Mr. Covel (who has been receiving my note for over a year)...
View ArticleTrend Following Does Not Involve Prediction
John Thomas, The Mad Hedge Fund Trader, writes: Fundamental researchers are asserting that at $100 per share in earnings, generating a price earnings multiple of 11.5, stocks are at the historical...
View ArticleDow Theory Might Be Technical, But Its Not Reactive Trend Following
This is just not part of the reactive trend following world.
View ArticleAutomate It
Michael J. Clarke (Clarke Capital Management) has offered: “From the beginning of my investigation, it became evident that the most direct way to make money and the one most compatible with my...
View ArticleScientific Research Labs: Trend Following
Trend followers operate scientific research labs. Their research materials are financial data (that means price data). The financial markets are their laboratory. The great benefit to price analysis?...
View ArticleTwo States of Being
The man who thinks he knows all: The man who knows he doesn’t have to know all…is comfortable with less:
View ArticleRalph Vince on the Podcast
My interview with Ralph Vince is live on iTunes. Description: Michael Covel speaks with Ralph Vince. If you’ve done your homework on trading systems, specifically about optimal bet sizes, you have run...
View ArticleFalling Prey to The Wall Street Journal Spin
Received this request recently: Hello, I would like to know your view on this article by John Taylor. Thanks for the opportunity to clarify: 1. In my 4 books I address multiple historical instances...
View Article
