At the recent Annual Symposium, the MTA recognized six individuals for their contributions to the field of technical analysis and the MTA. Three individuals – Dr. Martin Zweig, Steven C. Leuthold, and Ned Davis – were honored for their life-long outstanding contribution to the development and widespread acceptance of technical analysis by institutional practitioners and individual investors. Edward C. Johnson III was the Recognition Award recipient. The Service Award was presented to Marie Penza (MTA Member Services Director) and the Memorial Award recipient was George Lane. The Annual Award is issued to a person(s) who made an outstanding contribution to the field of technical analysis. Dr. Martin Zweig Martin Zweig contributed to the acceptance of market timing in the 1980s. He achieved success with an advisory service and managing money in private accounts and closed end mutual funds. His award recognizes that, “He was one of the first practitioners of technical analysis to

How would you describe your job? My ‘job’ is as Partner of a company called Altaira. We are a small wealth management company that has a set of outside managers who run separate portfolios. I am part of the investment committee that allocates the assets between these products. For example, we have many Middle-Eastern clients and we created an Islamic High Dividend Fund. We also have a relationship with an Emerging Markets Fund (ETFs), etc… I am still a ‘stock jockey’ but since we started this firm in 2008, I have spent most of my time looking at Exchange Traded Funds. Do you look at any fundamental or economic inputs to develop your opinions? We call our research: “Fusion Analysis” – meaning that we incorporate fundamentals, economic, and other inputs and, of course, we time everything technically. Can you share any longer term market opinions? Recently we have raised some cash because we anticipate a market correction;

In 1960, Nicolas Darvas published, How I Made $2,000,000 in the Stock Market, a book in which he described the Darvas Box trading method, a strategy based on weekly charts and trend following. As interesting as the method is, Darvas’ life is probably even more interesting. As he explains in the book, by the late 1950’s, Darvas was part of the highest paid dance team in show business and on a worldwide tour, performing in front of sold out audiences. Every week, he was also  using Barron’s to find winning stocks and sending telegrams to his broker as he grew his investment account from $36,000 to more than $2.2 million in about three years. Darvas studied economics at the University of Budapest in his native Hungary. He fled the ravages of World War II in 1943 and made his way across Europe. Eventually he was reunited with history and they began dancing