Ep. 945: Parabolic Up with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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How to Ride a Wild Bucking Bronco
You don't need to know where we are right now by comparison to prior historic manias. DuPont minus 58%, Kodak minus 62%, Exxon minus 46%, Ford minus 64, GE minus 60%, GM minus 71%. McDonald's minus 72%, Mobile minus 59,. Pepsi minus 67, 100%, Philip Morris minus 50%, Sony minus 80%. You get the picture back to my opening salvo with how far markets can drop.
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