Martin E. Zweig an innovator and Annual Award Recipient 2012 has passed away. We here at the CMT Association send our condolences to the family and we would like honor a true pioneer in the industry of technical analysis. Feb. 19 (Bloomberg) -- Martin E. Zweig, who predicted the 1987 stock market crash and whose newsletters influenced American investors for a quarter century, died yesterday, according to his New York-based firm. He was 70 or 71. The Cleveland native wrote “Winning on Wall Street” and published stock-picking advisories such as the Zweig Forecast for 26 years, helping start his career in hedge funds and philanthropy. He co-founded Zweig-DiMenna Partners in 1984 and, according to the New York Post, bought a 16-room apartment at Manhattan’s Pierre hotel in 1999 for $21.5 million. “He was a very fine technical analyst, also a very fine money manager, and he put those two together in a profitable manner,” Kenneth Safian, the founder of Safian Investment Research Inc. in New York who worked on technical analysis with Zweig, said in a telephone interview. “He’s a very hard-working gentleman, he was obviously deserving of the successes he had.” For the full Businesswire article click here.
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