Ep. 1165: Big Events with Michael Covel on Trend Following Radio
Michael Covel's Trend Following
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Traders Playing the Natural Gas Game
The state of California alone is at fault for its inept decisions. Trend following traders were playing the natural gas game too, riding it up and down for profit. An abdication of personal responsibility should not be rewarded. From private mutual fund companies like Janus to retirement funds managed by state governments, none of them had a plan for exiting Enron.
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