Letter from the Editor
This issue of Technically Speaking presents information from some of the giants in the field of technical analysis.
On the cover, we feature an in depth study from Cynthia Kase on the feasibility of spread trading. Her conclusions are precise and implementable, and the statistical support she provides makes them reliable. This is an example of the type of work being done more often in our field, and her contribution raises the bar for testing ideas.
A summary of John Bollinger’s career is inspirational, and demonstrates that this is a field of change. We need to study the past, but constantly develop new tools based upon changing markets and changing technologies. John is at the cutting edge of implementing technical analysis techniques with fuzzy logic and other advanced ideas. It is well worth the time to take a look at bollingerbands.com or any one of the eight web sites he maintains.
Andrew Cardwell is a lesser known name in our field, but has shown one way to succeed – completely study a single indicator and learn everything about it. He is the acknowledged expert on the Relative Strength Index (RSI), and was the first to identify Range Rules that help traders know whether a market is bullish or bearish. Andrew has developed other techniques with RSI that deserve your attention, and that have helped many other traders profit in volatile markets. His bearish call in stocks for the past year, based solely upon RSI, has been dead on, and is just one the several market forecasts he’s been able to gain from recently.
We also have an update on the Long Range Planning Conference that the MTA recently conducted. Our organization is growing rapidly, without losing sight of the fact that the most important thing is to focus on the members. We are well served by the leadership, and they have well thought out plans to increase the value of the CMT program and the MTA.
Mike Carr, CMT
Calendar Spreads vs. Price -- Is There A Relationship?by Cynthia A. Kase, CMT, MFTA
Many traders assume that calendar spreads show a relationship to prices. Are these assumptions correct? If so, how well do the spreads track prices, and is the relationship helpful? To find out, four...
Letter from the Executive Directorby Tom Silveri
Greetings to all, September of this year got off to a very active start for the MTA staff with the Long Range Planning Committee (LRPC) meeting on September 13th. This meeting, Chaired by David...
The Long Range Planning Committee (LRPC) meeting; Our Road Map to Continued Successby John Palicka, CFA, CMT
On September 13th, 2008, members of the Long Range Planning Committee (LRPC) and the MTA Board of Directors got together in Westchester, New York for a full day meeting to discuss several key...
A Case Study in Success: John Bollingerby Ajay G. Jani, CMT
On July 16th, I had the opportunity to meet with John Bollinger, CMT, CFA. I spoke with him via telephone again on August 5th. How someone who suffered from severe stage fright became one of the...
Analytical Toolbox: Trade Psychology—Andrew Cardwellby Clare White, CMT & Andrew Cardwell
This article was originally published at Optionetics.com and is being reprinted here with permission. As a follow-up to last week’s article discussing Andrew Cardwell’s experience with the...
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