John Henry--The Next Blow Up ??
- Thread starter jay gould
- Start date
He's bounced back impressively, check out www.jwh.com
ah, the benefit of self reported results. may i suggest studying the submittal by the studious student on these pages.
i kindly point you toward MAR as an impartial ranking of funds. remember the wealth of a manager has little to nothing to do with the clients returns. several in the trend ministry seem to forget this critical point.
jga
update on John Henry's may-june 3 months results:
John W. Henry & Company-Dollar Program: up 44.28%
John W Henry & Company-G-7 Currency Portfolio: up 24.62%
John W Henry-Currency Strategic Allocation Program: up 24.56%
John W Henry-International Foreign Exchange: up 24.07%
John W Henry-Strategic Allocation: up 14.34%
John W Henry-Financial & Metals: up 14.26%
John W Henry-Global Analytics® Family of Programs: up 10.04%
John W Henry-Global Diversified: up 8%
Maybe something to study: get into John Henry's funds when there is a big drawdown. Changes are big that you get in at a bottom, which means lower drawdown. Until now Henry's funds always recovered from any drawdown.
John W. Henry & Company-Dollar Program: up 44.28%
John W Henry & Company-G-7 Currency Portfolio: up 24.62%
John W Henry-Currency Strategic Allocation Program: up 24.56%
John W Henry-International Foreign Exchange: up 24.07%
John W Henry-Strategic Allocation: up 14.34%
John W Henry-Financial & Metals: up 14.26%
John W Henry-Global Analytics® Family of Programs: up 10.04%
John W Henry-Global Diversified: up 8%
Maybe something to study: get into John Henry's funds when there is a big drawdown. Changes are big that you get in at a bottom, which means lower drawdown. Until now Henry's funds always recovered from any drawdown.
I guess detractors will have to shut up for once, but even that may be too hard of a thing to do for them, let alone acknowledging that JH's brand of trend following seems to always put up returns even after large drawdowns (within his tolerance parameters)
I've been watching Goodboy over at Tradingmarkets, and believe he is doing a tremendous disservice to new traders entering the market, looking to learn the ropes. He's been pushing a short oil trade that I think took him $5-6 or maybe more in the red, and now he'll probably be claiming that he is back to breakeven on the trade (after SPR talk on Friday)... So he'll probably be flaunting his trading prowess, ala look folks, i shorted crude at 65, stuck with it against all the idiot bulls and now I'm back even!
I was also surprised that he kept referring to magazine covers as if they were the holy grail, lol. Anyhow, just think that while his method might work for him (there is no evidence of that, by the way, no public returns) novice traders should take heed and know that countertrending one of the most fundamentally sound bull markets in the world today is a quick way to the poorhouse, or to elevated blood pressure and stress at best.
Now, regardless of whether this is a short term top or THE top in oil or not, please know you novice traders out there, that the big money is made by identifying and sitting with a trend, as per Livermore's famous comments. Not by calling for a 10% correction when there's 50% to be made with the trend.
I've been watching Goodboy over at Tradingmarkets, and believe he is doing a tremendous disservice to new traders entering the market, looking to learn the ropes. He's been pushing a short oil trade that I think took him $5-6 or maybe more in the red, and now he'll probably be claiming that he is back to breakeven on the trade (after SPR talk on Friday)... So he'll probably be flaunting his trading prowess, ala look folks, i shorted crude at 65, stuck with it against all the idiot bulls and now I'm back even!
I was also surprised that he kept referring to magazine covers as if they were the holy grail, lol. Anyhow, just think that while his method might work for him (there is no evidence of that, by the way, no public returns) novice traders should take heed and know that countertrending one of the most fundamentally sound bull markets in the world today is a quick way to the poorhouse, or to elevated blood pressure and stress at best.
Now, regardless of whether this is a short term top or THE top in oil or not, please know you novice traders out there, that the big money is made by identifying and sitting with a trend, as per Livermore's famous comments. Not by calling for a 10% correction when there's 50% to be made with the trend.
whoa, whao doggie! That's way to much to ask for. JWH will still be running $$ successfuly when most of his detractors are flipping burgers for a living . . . and they'll still have 101 reasons why their method is better
rofl
why bother?
if you set out to bust every trading charlatan on the net, you'll have no time left over for trading
A quick search of google led me to this site. You seriously have your facts wrong, Maverick. Marketsurfer Dave Goodboy has made me tons of money since 2000. Several of his calls remain as the all time most accurate market calls ever, to the very number of the change in the nasdaq and msft. Why do you say he does a disservice?? Here's a guy who has access to the elite of real money managers and he share what he knows with the users of elite trader and other sites. Just wanted to set t
he record straight as a happy investor with and follower of surfer.
AustinOsmondSpare
In addition, Your statement above is ridiculuous. J henry has many many funds under management, and more of them right now are WAY down than up. He forgets about the ones that are losing and pushes the winners making himself more and more money. A succesful and rich fund manager does not equate to happy clients/investors. This fact escapes you.
AustinOsmondSpare