Ep. 1143: Three Trend Minds with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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The Self-Heating Effect of Price Increases
We had very large short purchases in the Turkish leader. That's the basis that is where the fire started. It was going on. But to profit from such a thing means you have to be sure of Turkey because there it was going on already. This has to do with broader change in the world. If this thing is happening and people are looking at the same thing at the same time, this local self-heating will be less feasible.
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