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Technically Speaking, Janurary, 2005

From the Editor’s Desk

As former “Technically Speaking” Editor Mike Kahn wrote in the July/August 2001 issue, “…my big farewell as editor of ‘Technically Speaking’ was a tad premature last month…”

By now, you all know that the Board of Directors met in Woodbridge over the weekend before Christmas and is determined to build on the greatness of the MTA to create a more professional organization on our behalf. This newsletter can assist the Board in communicating with the members, and we, the membership, can communicate with the Board. I’d like to be a part of the solution, and will be working with the Board of Directors over the remainder of their terms to ensure that we hand off a first rate newsletter to next year’s leadership.

In future months, Board members will share their thoughts on the MTA, summarize their accomplishments and detail their plans within the pages of “Technically Speaking.” Members are also being offered an opportunity to share their thoughts within these pages. Articles about any aspect of technical analysis are always welcome. Also welcome are Letters to the Editor praising or pummeling the MTA. Whether favorable or not, ALL letters will receive fair consideration for publication. In fact, letters of dissent will be given top priority. The only requirement is that solutions must be proposed to any problems identified.

I hope that you find this month’s issue informative. We’ve included several articles about technical analysis, along with some news about MTA business. Articles for the future would be greatly appreciated – next month we would like to highlight indicators and everyone is encouraged to submit a description of how they use their favorite indicator. Charts may also be submitted, although they are best printed with a white background and dark colored lines.

Cordially,
Mike Carr, CMT
Technically Speaking Editor

What's Inside...

NYSE Presentation

by John R. Kirby

December 17, 2004 was a very important day for the MTA. On that Friday, at 11 am a final oral presentation on the CMT and the series 86 exam was made to the NYSE and the NASD. In attendance were 6...

NYSE Presentation

NYSE Presentation

December 17, 2004 was a very important day for the MTA. On that Friday, at 11 am a final oral presentation on the CMT and the series 86 exam was made to the NYSE and the NASD. In attendance were 6 lawyers from NYSE, 3 lawyers from NASD plus our own lawyer, four members of the MTA, two psychometricians and myself. David Krell served as master of ceremonies, and led off with introductions of everyone and a frame for the presentation. He was followed by Barry Sine, who discussed the differences between fundamental and technical analysis. Next came Ken Tower speaking about the MTA and the CMT, and finally Ralph Acampora finished the presentation with concluding remarks. Stuart Kaswell was there to answer legal questions and Linda Montgomery was there to field questions on our just completed BOK study that was made available to them. Each member of the presentation team was chosen

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