James O. Rohrbach

Feedback from James O. Rohrbach:

“Michael, I stumbled on your site today. People say I am a trend follower. I say I am a market timer. I also say that in order to be a trend follower you must first identify a change in the trend. Check out my web page at http://www.investment-models.com. I am new at this game, I have only been timing the stock market for 34 years…So what is Trend Following?”

I enjoyed Jim’s sarcasm so I sent him my book to get his feedback. Later in Jim’s newsletter:

“I want spend a few minutes talking about what I read in a book that I had given to me. Michael Covel sent me an autographed copy of his book Trend Following: How Great Traders Make Millions in Up or Down Markets. I have only read a few pages so far but he zeroed in on the way I think. People say that I am a trend follower. I am, but I consider myself a Market Timer. In order to follow the trend you must first determine when the trend tuns up or down. So I provide a tool that trend followers need in order to be successful. Michael Covel has graciously allowed me to quote from his book in my Newsletter and I may do just that, from time to time.”

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