I take it that you are referring to Covel's "trend following?"
If you are then that makes a lot of sense as it relates to TRE. My whole focus has been that the stock does not seem to follow the gold trend. That is not to say it does not have potential but for whaterver reason it does not seem to follow the trend.
As I said, April is the month that will decide all this month. I very much agree that the trend is the cornerstone. I agree that trend following is where it is at. There is so much fraud and misinfomation in stocks these days that the trend goes to where there is value.