On the Campus
This month, instead of A Letter from the Executive Director and from the Editor, we have decided to provide you with an update from the MTA Educational Foundation. This new column is one we are looking to run frequently in upcoming issues of Technically Speaking.
The MTA Educational Foundation at Howard University
Fred Meissner, Charlie Kirkpatrick, and I, Phil Roth, all lectured at Howard University this spring. Prof. William Barbee, in the business school at Howard University, has been conducting a course in technical analysis for a number of years. The MTAEF has been assisting him with guest speakers. I have been giving a lecture in sentiment and supply/ demand indicators for four years. I spoke this year on April 22, using a Powerpoint presentation that the MTAEF developed. I have made presentations at many colleges and universities, including, among others Tulane, Cornell, Georgia Tech, Baruch, and the University of Texas, and have been conducting my own course in the Graduate School of Business at Fordham University in New York for six years. I am always impressed by the caliber of students at Howard, and their interest in the markets and technical analysis. Prof. Barbee helps generate the interest by asking questions about the indicators and the sources of the data.
A couple of week’s ago, I had the pleasure of teaching at Howard University. I have been teaching a class at this school for several years, and really enjoy Dr. Barbee and the students. The class is scheduled for the end of the day and I almost always run over time because the interest level of the students is so high.
I usually teach the Intermarket analysis module of the course, but as always we had a fairly wide ranging discussion – Dr. Barbee’s students are almost always well prepared and are interested both in the material as well as the markets themselves. Because they are well versed in the fundamentals they keep me on my toes!
It is tremendously rewarding to teach a class in Technical Analysis. When I started in the business back in 1983 there were no such classes, and unless one was lucky enough to find the right books, or find a mentor, knowledge was almost impossible to come by. One of the reasons that I became involved in the MTA way back when was to help others learn and to spread the word. Readers may recall that my first big job with the association was as Regions Chair. It still excites me to see chapters I helped to form going strong, and now providing teachers for the MTA course.
All CMT’s, and older, experienced members, should consider volunteering as a teacher. It is a great way to give back to the community, and to spread the knowledge that has been so rewarding to all of us.
Professor William C. ‘Kip’ Barbee has taught technical analysis for many years as a full credit course in the Howard University School of Business. Kip is known for several research papers on relative earnings, value, and price strength and has been published frequently in academic journals. Howard University is the premier African-American university and is located in Washington DC.
As part of the MTA Educational Foundation effort to help universities in teaching technical analysis, I had the privilege of lecturing to Professor Barbee’s class this spring on the subject of price patterns. Approximately 30 students attended the class, the full number enrolled. The students were asking numerous questions and showed extreme interest in how to use patterns to profit. Indeed, the enthusiasm was so high, I didn’t get to finish the talk but ran out of time. Professor Barbee was thrilled, as was I, to see such excitement over technical analysis.
The Metals Mazeby Mukul Pal
Intermarket relationships between metals can not only give cues about the economic cycle but also lead the start of a global equity bear market. Gold did not take much time to move from 800 dollars...
The Arms Index is named after Richard Arms. It is a market-balance index that measures the volume in advancing issues relative to volume in declining issues. 1.00 is mathematically neutral, though...
Open Arms Index
A version of the Arms Index computed using averages of the components to correct for a mathematical problem encountered in averaging raw Arms Index values. This is thought in some quarters to be a...
Must Be Present To Win? Assessing the Fallacy of “Staying Invested Or Risk Missing The Move”by Ed Easterling
Editor’s note: Market technicians are often confronted with the statement that all of the market’s returns accrue in a very short time and therefore trying to time the market will lead to missing...
Stop and Make Money: How to Profit in the Stock Market Using Volume and Stop Orders by Richard Armsby Michael Carr, CMT & Dick Arms
Dick Arms has rewritten Edwards and Magee chart patterns and the basic principles of market analysis to include volume in this short book. It is a truly groundbreaking work which builds upon the...
Los Angeles MTA Chapter Meeting 4-22-08by Kristin Hetzer, CMT, CIMA, CFP
The LA MTA Chapter met at Il Morro Restaurant in West LA for its spring quarterly meeting. Frank A. Barbera Jr., CMT was the featured Guest Speaker for the evening. Mr. Barbera is the Senior Vice...
Would You Like to be Called Professor?
It’s hard to believe that MTA members have been involved on college campuses for the past 30 years. For perhaps 15-20 years we have been guest lecturers filling in at courses on investing with a...
David Krell, CMT Chairman; International Securities Exchange Holdings, Inc.by Molly Schilling & David Krell, CMT
David Krell is the founder and Chairman of International Securities Exchange Holdings, Inc. (ISE) located at 60 Broad Street in lower Manhattan. We met in his expansive corner-window office...
New MTA Chapter: Columbus, Ohioby Craig Fullen, CMT
The Columbus, Ohio Chapter of the MTA has been established for professional traders, technical analysts and other investment professionals who currently use or are interested in technical analysis....
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