The profitability of trend following in a bear market relies on a small enough number of parties selling short. (alephblog.com)
In trend following in many cases, stocks break out and then break down. (trendfollowingmentor.com)
My point is things go to the complete unexpected... Remember Peak oil that did not peak... or gold going to 5,000... When trend following do not have an opinion. (trendfollowingmentor.com)