From the Editor’s Desk
This month’s newsletter is the largest that we have published in recent memory. There are two reasons for that – the Seminar announcement and the incredible contributions from the membership. The second half of the newsletter is devoted to providing complete details on the upcoming Seminar. The intent is to answer any question you may have and allow you to decide whether or not this event is for you. I’m sure you’ll agree with me that this event is for anyone with an interest in the markets.
Even without the seminar announcement, we would have a very large newsletter thanks to groundbreaking articles submitted by our own members and affiliates. This newsletter is a great opportunity to publish short pieces of research. Although it is not necessary to write in accordance with the scholarly standards of the Journal of Technical Analysis, we will gladly accept thoroughly tested ideas that can help fellow traders profit.
Frank Testa provided an article on a new point-and-figure technique and Eric Davidson wrote about a practical means of attaining a disciplined approach to trading. We also have reproduced two pieces of research by Arthur Merrill, CMT, who passed away in January, with the assistance of John McGinley, CMT.
We hope you enjoy this issue, and look forward to seeing many of you in New York. If you will be attending the seminar and would like to talk about a newsletter article, please let me know. I would be happy to sit with you and complete an interview or summarize your ideas on technical analysis.
Mike Carr, CMT
Technically Speaking Editor
What an Honourby Jordan Kotick, CMT
I mentioned two key people last month who were instrumental in our recent success with the NYSE and NASD. This month, I want to shine the spotlight on a third, a gentlemen without whom, like John...
The MTA Says Thank Youby John R. Kirby
Last month I gave you the news that the NYSE had accepted the CMT 1 and CMT2 as an alternative to the series 86 for technical analysts. Shortly on the heels of that announcement, but too late for...
Incorporating Volume into Point & Figure Chartingby Frank E. Testa, CMT
Editor’s Note: This article is best read in the full-color PDF edition of Technically Speaking, available on the MTA web site. The P&F charts included in this article are in color. They are...
Arthur Merrill, CMT, was a leading advocate of the need to apply statistical rigor to technical analysis methods. He frequently employed the Chi squared test to assess the validity of his backtested...
Advance Decline Divergence Oscillator (ADDO)
This indicator was developed by Arthur Merrill, CMT, who passed away in January at the age of 98. Arthur tracked this indicator publicly in his newsletter, Technical Trends, for many years. Below is...
Decision Makingby Robert Colby, CMT
Robert Colby, CMT, spoke at the educational meeting of the New York MTA Chapter on November 15, 2004. This presentation can be downloaded in its entirety from...
Conversations with the Board of Directorsby Michael Kahn, CMT
The MTA is changing, and those changes are intended to lead to broader respect of technical analysis within the investment community. After less than six months of assessing the current state of the...
The Competency Modelby Eric Davidson, CMT
In the Summer/Fall 2004 issue of The Pristine View, Andrew Kezeli described the stages of growth a trader must experience on the way to mastery via the use of the Competency Model (“Trading...
Regions Committee Update: Where the Rubber Meets the Road!by Tim Snavely, CFA, CMT
The regions committee continues to work hard to develop its structure and programs to better facilitate the MTA’s mission – increasing the exchange of technical market analysis among dedicated...
Jordan Kotick, CMT
John R. Kirby
Frank E. Testa, CMT
Frank E. Testa, CMT is the Chief Technical Analyst and Vice President at CapitalBridge and has more than 20 years of investment experience. He has developed the Power Point and Figure Charting Method that appeared in the 2005 edition of The Journal of Technical Analysis. Frank...
Robert Colby, CMT
Robert W. Colby, who holds a Chartered Market Technician (CMT) designation, is the Chairman and Founder of the Robert W. Colby Asset Management, Inc, a technical market analysis company. He also writes a daily newsletter, performs custom technical research for institutional...
Michael Kahn, CMT
Michael Kahn, who holds a Chartered Market Technician (CMT) designation, is a seasoned financial services strategist, analyst, columnist, educator and speaker. Michael has been working with charts and technical analysis since 1986. He is the author of three books on...
Eric Davidson, CMT
Eric Davidson is EVP, Strategic Partnerships & Accounts at Neuravest Research. Eric ensures the success of strategic accounts and develops new business with alternative data providers and forward-thinking investment management firms. He has more than fifteen years of...
Tim Snavely, CFA, CMT
Tim Snavely, CFA, CMT, is the current Vice President of the MTA. He graduated as the outstanding undergraduate student in finance from Emory University in 1997, and then joined the Investment Strategy team at Robinson Humphrey in Atlanta,...
New Educational Content This Month
March 24, 2023
CMT Level III Informational Session
Presenter(s): Stanley Dash, CMT, Tyler Wood, CMT
March 15, 2023
Why the Dow Theory? Multimarket application, Outperformance, Drawdown reduction, and a 120+ years record
Presenter(s): Manuel Blay
March 8, 2023
Money and the Fork in the Road for the Year Ahead
Presenter(s): Brendan McCarty, CMT