Letter from the Editor
In Technically Speaking we try to bring you money making ideas and news that impacts the field of technical analysis each month. This month, both are combined into the most difficult article I have ever had to write.
Mike Epstein passed away in April. To those who knew him, his death is an enormous loss since Mike’s outsized personality always left you feeling optimistic after discussing the markets or life with the philosopher-trader. In the brief article we include in this newsletter, we attempt to provide a picture of his life.
We also attempt to offer a glimpse into the wisdom he shared from his lifetime of experience. Mike knew how to trade, and he traded for a living and for enjoyment. Whenever he spoke, there was an opportunity to learn.
Older traders and analysts offer that opportunity. And the MTA facilitates those meetings. It is an incredible organization from that respect – no where else do I see experienced members, some of whom are highly seasoned citizens, so willing to share their knowledge.
For those on the fence, go to the May Symposium in New York. Approach a more experienced member and introduce yourself. Odds are that it’ll be a winning trade – you’ll learn a great deal and enjoy the experience. Personally, my results from meeting older traders is better than my results from trading. Never a loser in the former, and several years of enjoyable conversations with Mike Epstein that I will always value.
While we try to summarize Mike’s impact in this month’s e-newsletter, it can never replace an hour of his time. Take advantage of one the most important MTA benefits and reach out to our more experienced members.
I hope to meet many of you at the Symposium, and I hope I have a difficult time breaking through the throng of younger members discussing markets and life with our wealth of knowledge.
Mike Carr, CMT
Remembering Mike Epsteinby Michael Carr, CMT
On April 22, 2009, Mike Epstein passed away. He was known by many as a great trader and everyone who met him thought of him as a great person. Mike symbolized all that the trading community should...
Letter from David Keller, CMT, MTA Regions Chairby David Keller, CMT
I wanted to give the membership a brief update on some exciting developments on the chapter front. As many of you know, the local chapter meeting can be one of the most important benefits of MTA...
Dow Theory Unplugged: Charles Dow’s Original Editorials and Their Relevance Today, Contributors: Richard Russell, Charles Carlson and Paul Shreadby Richard Russell & Charles Carlson & Paul Shread, CMT & Michael Carr, CMT
The tenets of Dow Theory are well known to all market technicians: The averages must confirm each other. The averages discount everything. The market has three trends. Major tends have three...
Interview with Brad Herndon, CFA, CMTby Brad Herndon, CFA, CMT & Yevgen Avramych
This month I had the pleasure of speaking with Brad Herndon about his path towards becoming a CMT and some of his opinions on the financial markets and future careers in technical analysis. Brad...
Blogs of Noteby Jason Goepfert
With our new electronic format, it is easier for Technically Speaking to highlight valuable resources available to traders on the internet. Blogs often express nothing more than opinions, but some...
Dow Theory Update
Each stock market rally or decline leads to the inevitable question of whether or not a Dow Theory signal is generated. This theory is among the earliest technical analysis techniques and has...
CMT Exam Test Takers To all of the registrants sitting for the CMT Exam during the 2009 Spring Test Administration, the MTA Staff would like to wish you all the best of luck! We would also like to...
Letter from David Keller, CMT, MTA Regions Chair
Interview with Brad Herndon, CFA, CMT
New Educational Content This Month
October 13, 2021
CMT University Series: Mike Hurley
Presenter(s): Mike Hurley, CMT
September 16, 2021
CMT Program Informational Session
Presenter(s): Stanley Dash, CMT, Tyler Wood
August 19, 2021
Volume Analysis Series (Part 2): Profiting from Trends
Presenter(s): Buff Dormeier, CMT