Also Looking for Performance

This guy has been writing in for a while now. His latest:

Mr. Covel: In the interest of trying to figure out the efficacy of trending et al, I did a search for CTA returns. I came up with the Barclay Index; this may or may not be germane, but if it’s right, the average returns aren’t anything to write home about. If I have it wrong, then please point me in the direction for information as to what these great and not so great traders get in the way of returns.

The same answer applies. It is worth noting that this reader does have my book.