One of the more under the radar trend followers is Sunrise Capital out of sunny Southern California. They have been at it for 30 years:
Sunrise currently manages over $1.1 billion for clients around the globe. Through November 30, 2008, Sunrise’s domestic fund is up 33.1% YTD and since January 1, 1995, Sunrise’s domestic fund has averaged returns of over 13% annually. By trading in a wide range of diverse global markets and utilizing other innovative risk management techniques, Sunrise has delivered positive results for investors in 87% of the rolling 12 month periods since January 1, 1995.
Those numbers compounded for 30 years would make most people who have been buying and holding very happy.