These days many people cringe when the Dow is down hard as they are only “long only” and are stuck with no knowledge of what other steps they can take. The nightly news programs then reinforce the end of the financial world offering solutions like “stay the course and hang in there” (while some of these people go broke). But some people are making money. For example, David Harding’s Winton Capital is up +18% so far in 2008. Bill Dunn’s Dunn Capital is up +37% so far in 2008. Christian Baha’s Superfund is up +31% so far in 2008. Salem Abraham’s Abraham Trading is up +14% so far in 2008. Those are but a few examples of traders doing well. And by and large those traders are all trading trend following strategies.