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Ep. 110: You Can't Call The Top with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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Introduction

Apple shares are down 36% from their peak. How could professional analysts have gotten it so wrong? A decade ago, congressional hearings and an investigation by Elliot Spitzer exposed a maze of complex adventures to afflicting Wall Street research. It may be no coincidence that the only analysts who even came close to calling the peak in Apple stock runs his own firm as compensated based on the accuracy of his calls.

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