MTA Membership: This is a very busy, and exciting, time of the year for the MTA and its membership. As we are wrapping up registration for the fall CMT Exams, we have just opened registration for our 2008 MidWinter Retreat. The CMT Institute (CMTi) is also underway, along with the opening of new chapters in Baltimore and Charlotte. For those of you who have already registered for the fall CMT Exams, I want to wish you all the best of luck. As you all know, registration ends on October 19th for Levels 1 and 2 (Level 3 closed September 30th), so there is still time left if you would like to take the Exam this fall. If anyone has to reschedule their exam, or if you have any questions at all, please contact Marie Penza at marie@mta.org or 646-652-3300. As seen on the next page, in the letter from the Seminar Chair, the

The average technician scours thousands of charts daily looking for the perfect storm. Whether it be uncovering rocks in search of gold nuggets, or catching lightning in a bottle, the task is daunting. Ten years ago I began my career off Wall Street, providing independent research to money managers. In 2003, I took the path less traveled and founded E.B. Capital Markets, LLC. My goal was simple. Find an easier way to find the best names at the right time. I spent over 1,000 hours – much to the chagrin of family and friends – working through the key drivers of price and in the process fusing together technical, fundamental and seasonality research. As members of the MTA, technicians recognize the value of listening to markets and not fighting the tape. Sometimes, however, financial success is more difficult than finding the perfect chart. Technicians know price history shows market sentiment better than

Once a quarter the MTA would like to recognize those that have been granted Member Status and the CMT designation. During this time period, July ‘07 – September ‘07, the new Members and CMT charter holders are as follows: New Members Peter Austin, NJ, USA James Bartelloni, VA, USA Ulrich Bender, Switzerland Curtis A. Butler, MA, USA Ryan Campbell, UT, USA Samuel S. C. Chan, Canada Mark Cison, IL, USA Robert C. Dufour, NY, USA Esther De S. G. Elkaim, FL, USA Doaa E.M. Fahmy, Egypt Robert J. Ferrari, NY, USA Leonard K. Fiadzinu, Canada Michael Fickell, NY, USA Jason Gaunt, MA, USA Benedick Goette, Switzerland Justin Gularte, CA, USA Kenneth C. Haddad, NY, USA Christopher Kayser, Canada Aaron Kessler, CA, USA Gregor Krall, South Africa Mihir Kumar, United Arab Emirates Luke Levine, United Kingdom Michael R. Morrera, VT, USA Hinson Ng, NY, USA Robert J. Palfreyman, UT, USA John Russo, NY, USA Hany Saad, Canada Taimur Saadat, United Arab Emirates Deborah A. Sabo, CA, USA Adam Said, Switzerland Patrick Schotanus, United Kingdom Amarjeet S. Singh, India Timothy C. Steitz, OH, USA Camilla Sutton, Canada Ken