This is Trend Following Radio, where great thinking comes alive.

Nobel Prize winners, legendary traders, best-selling authors, and the pros that know what drive us irrational human beings. I am your host, Michael Covell,

not filtered, raw, honest. That's my passion. I want to talk about a subject today that is all the rage.

It's everywhere.

Everyone has an opinion.

There's a reason why it's happened.

At least everyone has an opinion or a reason today.

In December 2014.

And that's crude oil, which has dropped like crazy right 50% what a drop now for

those that don't know you can make money when a market drops And trend following traders have made an absolute fortune, shorting crude oil.

Now, in the middle of 2014, trend following traders had no fundamental understanding,

no fundamental view that crude oil was going to collapse.

No one else did either.

But of all these stories for 2014,

and crude oil has got to be one of the biggest market stories of 2014.

It should be on the front cover of Time magazine.

It should be the lead story on Bloomberg. It should be

on CNBC 24 and 7. Trend followers, crude oil, home run, take it out. This is the big win. These

are the guys that killed it. Boom, wham. Thank you, ma'am. Well, of course, that's not exactly

how it plays out

trend following trading only gets pressed when people want to write about the death of trend

following let me give an interesting example though of

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