Note: The Long Wave and Social Values help to explain to me (and hopefully others) the current political fractiousness, rise of Tea Party, etc. It’s just a view of the world today, rather than the basis of our investment management process. Our day-to-day portfolio decisions are based on a whole different set of parameters than the Long Wave. Lost in the daily cacophony of 24-hour news, instantly politicized media scrutiny, and fashion models posing as financial analysts is the truly long-term view of how our society has gotten to where it is today. This isn’t referring to the typical 3-year “long-term” of Wall Street, but a very long-term view that encompasses the balance that must occur to survive. If you think about it, any political or economic system that survives over the long-term must have ebbs and flows because they rebalance the system. No economic sector can indefinitely grow much faster than

On May 19, 2006, Rick made a presentation as part of the MTA Education Seminar. It is available in the On Demand Video Archives. The presentation is another example of the timeless value of the material presented in MTA meetings. Modeling is a basic technique used by many technicians. It usually involves back testing an idea against a security and finding parameters that deliver optimal, or at least acceptable, performance when considering the tradeoff between risk and reward. Rick tackled this subject with some unique and potentially profitable insights. He began by reviewing four commonly seen trading myths. All too often, even the most experienced technicians will spot something that looks too good to be true. Rick envisions their reaction to be, “I have found the holy grail of indicators. They work great when I overlay them on a chart.” He points out that while the indicator may look good in a

Board Elections Underway – Vote Now! Members, Honorary Members and Emeritus Members, please note the following: Online proxy voting for the upcoming election of MTA At-Large Board positions (3) is now underway! If you haven’t voted, you can do so by clicking here. You will need your MTA Member ID Number to vote. When entering your Member ID Number, please leave out the first four zeros and the last “I”. This will leave you with a five digit ID number. If you have any questions regarding the proxy voting process, please contact Marie Penza, MTA Director of Member Services, at 646-652-3300. We welcome, and appreciate, your participation! Spring 2011 CMT Exam Administration – Level 3 Closing Soon Registration for the Spring 2011 Administration of the CMT Level 3 Exam closes on April 8th, 2011 at 5 PM EST. If you plan to register for the CMT Level 3 Exam this administration, please make sure you