This article was originally published by Horsemouth.com and an extract is reproduced below. To view the entire article, please go to http://www.retirementoptimizer.com/

A good tactical asset allocation approach has few moving parts, is based on historical data, and will benefit clients by either extending their retirement portfolio or improving its value. In this particular model, all you have to do is decide—based on last year’s market performance—whether to switch to a more aggressive or defensive stance. Here’s how it works.

Tactical asset allocation (TAA) is based on the premise that the growth rate of equities eventually reverts to its historic mean. It assumes that markets move at random, drawn to the average historical growth rate like a magnet. If equities grew by higher than the average historical growth rate, chances are they will revert to the mean and do poorly the following year. Therefore, we may be better off taking some money

Nearly 100 people turned out on Tuesday, November 17th for the formal opening ceremonies of the MTA/MTAEF Library at Baruch College. MTA members and guests came from as far away as California, Texas, and Canada to mark the special occasion. The Board of the Foundation was gratified with the size of the crowd, which filled the auditorium, and the attendees were extremely complimentary towards our program.

Most of the collection of the MTA Library was lost on 9-11. In the aftermath of the attacks, the MTA rebuilt the Library thanks to the generous contributions from major book publishers, purchases of new works, and charitable donations from members made through the MTA Educational Foundation.

The fact that the library is at Baruch College is especially noteworthy considering that Baruch College helped the MTA get back on its feet by giving us a free meeting place in Manhattan after 9-11.

Over the past four years,

We printed a sample of Rob Hannah’s research in a recent issue of Technically Speaking. For those who found that interesting, you can go to his blog and see his current, and frequently updated, market insights.

Rob’s thoughts are often posted in real time, just after a trading setup occurs. This gives you the ability to test his idea and possibly use it in your own trading. As an example, on November 16 he noted that the Tick was showing an unusual degree of strength. His post, “What A Strong Early Tick Has Meant In The Past,” began with a short note:

The market is off to a strong start today. The NYSE Tick did not post a negative reading for the 1st half hour of trading. This is fairly unusual, having happened only 64 times since the beginning of 2005. Below are stats showing how the SPY has performed the rest

While it is really a web site about the life and money, technicians will probably want to start exploring this site in the “Business & Markets” section. Here, highly qualified market technicians share space with fundamental analysts and offer insights into the markets along with trading ideas. News that impacts stocks and the economy is featured in an easy to read format.

The writing style is fast paced, and never boring. A recent article on the securitization of future royalty streams by musician David Bowie offered valuable historical insights on the derivatives market without using the amount of jargon that makes this subject incomprehensible to so many. As technical analysis flourishes in the finance industry, it will become more and more important for technicians to speak in the type of language seen in the articles on this site. Demystifying math and finance are arguably among the most important job skills for

MTA Podcast Series – New Podcast Available and Upcoming Schedule!

Now Available… In this week’s episode of the MTA Podcast Series, Robert Prechter, CMT takes a moment to discuss Dubai World, Socionmics & Sentiment, his first job at Merrill, and his discovery of Elliott Wave.

Coming Soon…

• • December 8 – Tom McClellan
  • December 15 – Connie Brown, CMT

Visit the MTA Podcast Series page to listen to this podcast and subscribe to our RSS feed, where you’ll receive updates automatically every week.

MTA Board of Directors Nominations

For the fiscal year commencing July 1, 2010, four (4) Officer positions are up for consideration for a 2-year term, and two (2) At-large Board positions are up for consideration for a 3-year term.  Over the next two months, we are encouraging any Member, Honorary Member or Emeritus Member in good standing to submit your name for consideration to nominations@mta.org.