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Ep. 267: Dennis Gartman Interview with Michael Covel on Trend Following Radio

Michael Covel's Trend Following

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How to Buy Strength and Sell Weakness

I think it's not a matter of buying low and selling high. It's a matter of being short, selling something that's already weak and going down and buying it later. On the short side, as I used to say, you want to throw your rocks into the lettuce paper sack and it breaks the easiest. The rules are really, are best observed if you say, gee, I bought it at 16 on a correction. It's gone to 14. I still think I'm right. But you can't buy any more until it gets back to 17 or 18 when the market's again telling you that you're right. That's hard to do. And easy trade is usually

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