Ryan Detrick, CMT, recently interviewed Bernie Schaeffer, Chairman and CEO of Schaeffer’s Investment Research, Inc. and author of Wiley Publishing’s The Option Advisor: Wealth-Building Techniques Using Equity and Index Options. He has edited the Option Advisor newsletter since its inception in 1981, and it has grown to be the nation’s leading options newsletter. In 1997, Bernie launched SchaeffersResearch.com, a four-time winner of Forbes “Best of the Web” award. The site has also been named the top options website by Barron’s and received positive mention in The Wall Street Journal Guide to Online Investing.

Bernie is widely recognized as an expert on equity and index options, investor sentiment and market timing. Timer Digest has been monitoring his work  since 1984 and ranks him as the #2 Gold Timer forthe past 10 years and the #3 Gold Timer for the past 5 years. Furthermore, among more than 100 of the nation’s top market

Over the past few years, stock market analysts have seen a proliferation of indexes, allowing them to dig deeper into market movements. Understanding what the index actually measures is important to investment success, and an often overlooked equirement of analysis. Ken Winans, CMT, identified the need for a greater variety of indexes several years ago, specifically noting that there was no standard to examine the performance of preferred stocks and residential real estate.

Ken is a money manager and several years ago he observed there was a shortage of suitable bonds for his clients’ accounts. His research demonstrated that preferred stocks offered several advantages over corporate bonds, such as better performance relative to volatility and the fact that the income can qualify for the lower dividend tax rate. Many issues have enough liquidity to trade and technical analysis techniques can be successfully applied to these securities. Looking at preferred stocks, he

It was about 8 AM on a sweltering New York City morning in mid summer 1967 when I first met John Charles Brooks. We had just gotten off our respective subway trains (very over crowded and not air-conditioned); he came in from Brooklyn and I arrived from the Bronx. We unceremoniously met on the pick-up line at the office of Morgan, Rogers and Roberts, located at 150 Broadway. It was customary in those days that the youngest employees in the technical research departments were  responsible for picking-up the daily point and figure price reversal data. Neither of us could dilly-dally because it was our charged responsibility to rush back to our respective desks  and plot the charts of the entire library of NYSEand AMEX listed stocks (one-point reversals and 1 x 3 charts. Depending upon the price of the stock, we often

Dear fellow MTA members and affiliates:

I am pleased to announce the launch of the Baltimore Chapter of the MTA.

I believe it is in our best interest to strive for a Chapter in all 50 states.

Even though the MTA is not in its infancy, the widespread use of those who have obtained the TAN designation within the financial industry still is. It’s amazing to find, when one does an online job search, the overwhelming demand for those who have the CFA or CFP designation, but nil when it comes to those who hold the TAN designation. I hope that will change. The MTA’s job bank is great in filling that void, which currently exists through traditional online job search agents.

One of the challenges we all face, is the propagation of technical analysis throughout the investment community.

We need a paradigm shift in our thinking to one not focused solely on meetings benefiting