John Henry

Henry, in the parlance of his industry, is a "trend follower." Unlike so-called fundamental traders, who analyze economic and market data in an attempt to predict where prices will go, Henry tracks actual price changes to try to pinpoint market trends early on, and ride those trends. Henry's traders buy after prices come off absolute bottoms and sell after they pass peaks, but still end up with enough of a price spread to profit.

Henry says this approach focuses on "what is, not what should be," a lesson he learned in his early 20s after meeting Jiddu Krishnamurti, the late Eastern mystic who influenced millions, including author Aldous Huxley, playwright George Bernard Shaw, and Anne Morrow Lindbergh, the wife of the aviator. The other key underpinning is a belief that humans, by nature, are trend followers, reacting mechanically to events, much as the clapping of one person in Fenway Park will be followed by another and another until it becomes a crescendo of applause.
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wonder what Krishnamurti said to him.
 
John Henry was about three days old,
sittin' on his papa's knee.
He picked up a hammer and a little piece of steel;
said, "Hammer's gonna be the death of me, Lord, Lord.
Hammer's gonna be the death of me."

The captain said to John Henry
"Gonna bring that steam drill 'round.
Gonna bring that steam drill out on the job.
Gonna whop that steel on down. Down,
Down.
Whop that steel on down."

John Henry told his captain,
"A man ain't nothin' but a man,
But before I let your steam drill beat me
down,
I'd die with a hammer in my hand. Lord,
Lord.
I'd dies with a hammer in my hand."

John Henry said to his shaker,
"Shaker, why don't you sing?
I'm throwin' thirty pounds from my hips on
down.
Just listen to that cold steel ring. Lord, Lord.
Listen to that cold steel ring."

The man that invented the stream drill
Thought he was mighty fine,
But John Henry made fifteen feet;
The steam drill only made nine. Lord, Lord.
The steam drill only made nine.

John Henry hammered in the mountain
His hammer was striking fire.
But he worked so hard, he broke his poor
heart.
He laid down his hammer and he died. Lord,
Lord.
He laid down his hammer and he died.

John Henry had a little woman.
Her name was Polly Ann.
John Henry took sick and went to his bed.
Polly Ann drove steel like a man. Lord,
Lord.
Polly Ann drove steel like a man.

John Henry had a little baby.
You could hold him in the palm of your
hand.
The last words I heard that poor boy say,
"My daddy was steel-driving man. Lord,
Lord.
My daddy was a steel-driving man."

Well, every Monday morning
When the bluebirds begin to sing.
You can hear John Henry a mile or more.
You can hear John Henry's hammer ring.
Lord, Lord.
You can hear John Henry's hammer ring.
 
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