From the Editor
This is an interesting time for technicians and we try to present some examples of that in this month’s newsletter. The collapse of Bear Stearns took its chairman by surprise, according to the testimony he delivered to Congress. Could the charts have provided a clue to the stunning events that impacted that company? We reproduce two charts and ask for your input on that question. If you had an indicator that warned of the carnage in that stock, please let us know and we will publish the details in coming issues.
A chart of housing prices is as bearish as the chart of Bear Stearns. We also have a chart of an index to track that market created by MTA Member Ken Winans. Can technical analysis be applied to this market? If so, perhaps an argument can be made that we are oversold. Again, we’d like to know of any analytical tools that you’ve applied in housing, or other nontraditional markets.
We also have an interview with Dave Keller, a few other articles and some MTA business included in this month’s newsletter. Details for the Annual Meeting and one-day Symposium in New York are still being finalized, but the Seminar Committee is working to bring the best minds in the business to the Bloomberg Building. In coming issues, more information about speakers will be available. Tentatively, Ralph Vince is scheduled to be the keynote speaker. For those unfamiliar with his work, the December 2007 issue of Technically Speaking including an interview with Ralph and a review of his comprehensive book on money management.
Mike Carr, CMT
From the Executive Directorby Tom Silveri
MTA Membership: A few announcements that may interest you: Recently, the Nominating Committee of the Board submitted its Slate for Officers/Directors at-large for voting by the Membership at its...
David Keller, CMTby Molly Schilling & David Keller, CMT
Molly Schilling (MS): Tell me something about your background and school and how you got into technical analysis. David Keller (DK): I went to Ohio State, and I actually studied music and psychology....
The Challenge for Techniciansby Michael Carr, CMT
Readers of Technically Speaking are doubtlessly aware of the stunning collapse of Bear Stearns (BSC). The question that naturally arises in such cases is whether or not technical analysis would have...
MTA Benefits: Mentorshipby Michael Carr, CMT
Experience is often thought of as the best teacher. As traders, many of us know that experience is often the most expensive teacher in the markets. In many careers, a mentor can share experience and...
Current Trends in the Foreign Exchange Marketsby Michael Carr, CMT & Scott Petruska
Scott Petruska, a Vice President in the International Department of Commerce Bank, NA, in Kansas City, spoke at a meeting of the MTA Denver Chapter on March 13. The MTA partnered with the local CFAI...
Charting Home Pricesby Michael Carr, CMT
The Winans International Real Estate Index (WIREI) measures U.S. new home prices from 1830. It was developed by Kenneth G. Winans, CMT, with the assistance of Justin Gularte, CMT. This allows for...
MTA and ASTA Collaboration Agreementby Sameh Abou Arayes, CMT
It’s a pleasure writing here after signing the MTA/ASTA agreement. Actually, my pleasure is doubled, once as the ASTA (Arab Society of Technical Analysts) President and once as an MTA member. As...
News From the MTA Board of Directors
On March 27th, 2008, the Nominating Committee of the Board submitted its Slate for Officers/Directors at-large for voting by the Membership at its next Annual Meeting, scheduled for May 17, 2008. The...
A Book Review of: “Breakthroughs in Technical Analysis”by Molly Schilling & David Keller, CMT
BREAKTHROUGHS IN TECHNICAL ANALYSIS: New Thinking from the World’s Top Minds Edited by David Keller 221 pages Published by Bloomberg Press, 2007 This new book is intriguing on many levels. It...
Would You Like to be Called Professor?
It’s hard to believe that MTA members have been involved on college campuses for the past 30 years. For perhaps 15-20 years we have been guest lecturers filling in at courses on investing with a...
New Educational Content This Month
November 22, 2023
Utilizing Trend & Mean Reversion in Breadth Studies to Gauge Market Conditions
Presenter(s): Victor Riesco
November 18, 2023
Beating the Bench
Presenter(s): Scott Brown, CMT
October 25, 2023
Equity Risk & Potential – Q4, ’24 & Beyond
Presenter(s): Timothy Hayes, CMT