The turtles. Are they real?

[JackR]

Quote from michael c:

what i have found is there is a guy named michael covel who is accused of ripping off the "real" turtles. Basically taking the name turtle from the original turtles . It seems to me that even the original turtles is nothing but a story and marketing tactic.

can anyond shed some light on this. did michael covel rip off the originals or was he trained by the Rchard Denis?

Mike

Keep searching. There is a great deal on the web. It is not a two minute job. I'd post some links but Magna would ban me. Besides I don't want to influence your final answer by spoon feeding you just one side of the story!

Jack

 

[mhashe]

Quote from michael c:

Thanks! I have already checked out all those site. i still cant find any hard documentation of their existence. it seems to be all inuendo and hearsay. anyone?

Did Dennis really run the turtle ad in WSJ? My search of the archives did not reveal such an ad. Can anyone show me the ad?

LOL!

Well if you think it's not true. No one can force you to believe. Thanks for the laugh. I suspect your next post will be "does trend following really make $".

 

[Babak]

What kind of 'hard' evidence do you need? Do you require one of them to come and kick your ass to prove they're real?

Covel is trying to milk the turtle concept for all its worth. And he is NOT an original or subsequent 'turtle' (those taught by the original ones). In protest, one of the original turtles put up a FREE website which made public exactly the concept from top to bottom. If you search in the archives here you'll find the link.

 

[Ripley]

I heard he will be naming the next batch, "The Salamanders".

 

[aPismoClam]

the clams are real.

 

[Ebo]

They are real, and they are spectacular!

 

[Pabst]

Quote from michael c:

Yes, really stupid. I can not find any evidence that there was even a real ad ran in the WSJ. Where is the proof?

Mike

It was a small ad. Not a full pager. LOL. I think it was in 1983. I remember it well. I know some guy's who responded. They received a questionnaire. The only question I remember was: "you're in a taxi going to the CBOT and the driver remarks "beans are really bullish", should you sell beans?

I remember the answer was something to the effect of, the cabbie shouldn't effect your gameplan because we don't know whether he's a good or bad soybean forecaster.

 

[Runningbear]

Check out Curtis Faith's turtletradingsoftware.com site. He was one of the originals and frequents the Elite Trader boards.

Runningbear

 

[mahras2]

The OP seems to be obviously setting a situation to bash the turtles. I doubt they care....they are probably too busy relaxing in their estates.

 

[LMeyers]

Quote from mahras2:

The OP seems to be obviously setting a situation to bash the turtles. ................................

Yes, I think so too.

In fact, this thread is beginning to sound like "Some more journalistic pretensions by MarketSurfer".