From the Editor’s Desk
On the cover of this month’s issue, we pay our respects to Jerry Favors. Mr. Favors was an early icon of technical analysis that came onto the financial scene in the mid-1980s. He was known for his respect for and deep knowledge of the works of the old masters of technical analysis like Edson Gould and George Lindsay. His work was widely known and highly respected throughout the financial world. Young technicians should consider picking up where Mr. Favors left off by exploring the works of the old masters that he loved so much.
Inside, we present a new addition to Technically Speaking. Meet A CMT. This monthly column interviews a relatively new, up-and-coming CMT for the purpose of introducing him or her to the Membership. Kudos to Contributing Editor Garry Rissman for a job well done on this inaugural column. Also inside is another new addition to TS, our Letters To The Editor column, and also an update on the MTA’s Educational Seminar in New York City this May.
Finally, I’d like to announce that this will be my last issue as the Editor of Technically Speaking. Our Nominating Committee has decided to go in a different direction, with a new slate of incoming officers for the upcoming MTA elections in June. As an outgoing Board member, I believe it is in the best interests of the Association to turn the reins over to the incoming Board as soon as possible so they can get off to a running start with their own agenda and initiatives. I believe an integral part of that should be installing a new Editor, since Technically Speaking is the voice of the MTA and a means for the incoming Board to inform us of its new direction and to support its new policies. As outgoing Vice President, I tried to use my position as Editor to do that very thing, and the new Board should have the opportunity to do so as well.
Please take the time to carefully read the columns written by Jordan Kotick and John Kirby, our outgoing President and Executive Director. Jordan’s column gives a detailed overview of the changes that took place within your MTA during the past few years, and John provides us with a detailed look at the MTA’s current financial condition. I am very proud to have been a part of this Board which made a lot of changes that, although unpopular in some circles, turned the MTA from a 25-year old private club to a world-recognized professional society who’s CMT I and II tests are now accredited as a surrogate for the Series 86 exams. Special thanks to my Board colleagues and friends Jordan Kotick, Barry Sine and John Kirby who made it all happen, and best of luck to the incoming Board members and to the MTA.
John Kosar, CMT
From the Executive Director Best of Timesby John R. Kirby
For me, the last year has been the very best of times for the MTA. The SROs made the CMT equal to the CFA. With netFORUM, the MTA now has a world class technology platform used by 10 million...
From the President’s Desk Still Forwardby Jordan Kotick, CMT
This will be my last article as MTA President. While our elections are not until June, I hope to turn the Board over to the new slate well ahead of that. The reason is simple: there is much that...
In Memorium Jerry Favors 1953-2006by Jerry Favors & John Kosar, CMT
In late-February, technical analysis and the financial community lost an icon and one of its best-known trail blazers of the past thirty years. Jerry Favors, editor of The Jerry Favors Analysis,...
Meet A CMTby Garry Rissman
Editor’s Note: This month, we would like to introduce a new column to Technically Speaking entitled Meet A CMT. In this column, one of our Contributing Editors interviews a relatively new,...
Letter To the Editorby John R. McGinley, CMT
My compliments on an excellent newsletter issue (Feb 2005), containing a most appropriate tribute to my friend and mentor, Arthur Merrill. As the first to actually TEST an indicator and as the first...
John R. Kirby
Jordan Kotick, CMT
A well-known and highly-respected figure in the market-timing community, Jerry Favors worked professionally in the financial world since 1976, when he left Ohio State University two months before graduation to accept his first job in the brokerage business. He published his own...
John Kosar, CMT
John Kosar CMT is the Chief Market Strategist of Asbury Research, a firm he launched in 2005. John has more than 40 years of experience studying, analyzing, and forecasting global financial markets. Asbury Research provides data-driven technical and quantitative...
John R. McGinley, CMT
John R. McGinley, CMT is Editor of TECHNICAL TRENDS, the Indicator Accuracy Service. For more information, please contact John at email@example.com or
New Educational Content This Month
March 24, 2023
CMT Level III Informational Session
Presenter(s): Stanley Dash, CMT, Tyler Wood, CMT
March 15, 2023
Why the Dow Theory? Multimarket application, Outperformance, Drawdown reduction, and a 120+ years record
Presenter(s): Manuel Blay
March 8, 2023
Money and the Fork in the Road for the Year Ahead
Presenter(s): Brendan McCarty, CMT