From the Editor’s Desk
In recent issues I have repeatedly asked for input from the membership, and this month you see that the response has been very positive.
On the cover, we present a rather detailed piece by Joe Russo in which he analyzes several world markets. For many, the most interesting part of this article will be his comparison of arithmetic versus logarithmic scaling on charts. Joe raises several interesting points, and supports his ideas with examples. It’s exactly the kind of work that needs to be done in technical analysis. For reasons I have never understood, chart scaling can become an emotional topic among technicians. Joe simply presents facts with charts, the essence of technical analysis at it’s finest.
Kim Husebye, CFA, CMT, also combines facts and charts in a shorter piece, fully exploring the Kondratieff Wave, an interesting theory familiar to most technicians. Kim’s short analysis should lead to some tradable insights with only a little thought. After entering a trade based upon your interpretations of one of those articles, Matthew Caruso presents some thoughts on when to exit a trade. His work also combines well-written theory with charts illustrating his ideas.
Finally, from the membership, we received a book review from Scott Richter, CFA, CMT. There is also a lot happening within the MTA, and that is covered in this month’s newsletter. I hope that you’ll enjoying reading Technically Speaking, and we all hope that you will enjoy the upcoming holiday season.
Mike Carr, CMT
From the Executive’s Deskby Tom Silveri
MTA Members And Affiliates, As we rapidly approach the Holiday season, we often reflect on the year just past and think about the year ahead of us. At the MTA Headquarters, we are not different. We...
Scaling Perceptions In The Global Equity Boomby Joseph Russo
LONG TERM TREND CHANNELS Price Channel Analysis is a highly effective method by which to monitor key pivot points, trajectories, and the general boundaries within a given trend. No matter the time...
The Kondratieff Waveby Kim Husebye, CFA, CMT
Nikolai Kondratieff (1892 – 1938) was a Russian economist who postulated that capitalist economies displayed long wave cycles of boom and bust of approximately 60 years’ duration. The Kondratieff...
The Astute Investorby Scott G. Richter, CMT, CFA, CHP
The Astute Investor is an enlightening work by Dr. Eric L. Prentis. The book is a current era effort to build on the work done by Ben Graham in his day with The Intelligent Investor. While the title...
Learning When To Take Profitsby Matthew Caruso, CFA, CMT
When traders learn about technical analysis, they most often learn how to use indicators and how to read chart patterns in order to enter a trade. The topic of how to exit a winning trade is often...
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