MTA Membership:

Education Chair Jeff Lay, CMT, Accreditation Chair Brad Herndon, CFA, CMT, and me have been working hard to improve the CMT, CMTi and related materials. We wanted to make you aware of the following:

• With help of some volunteers, Paul Ciana and MacNeil Curry, CMT, we have updated the level 1 and 2 CMT Practice Exams and Quiz Cards. They are now available through the MTA Shopping Cart.
• The MTA has hired James Bartelloni, CMT as a part-time Educational Coordinator. In this role, James will be developing and expanding our existing educational core on our electronic media, enhancing our CMTi course curriculum/CMT Prep Materials, acting as a liaison between the MTA and outside web vendors, and will help with trade show activities.
• Important notice for TAN Level 3 test takers: Beginning with this spring’s administration of the exam, the MTA’s Board of Directors unanimously adopted a decision requiring CMT 3 candidates to

From New York: On Monday 2/11/08, the New York Chapter conducted an open discussion on technical analysis using our members’ own charts and analysis. Attendees were asked to submit 2-3 of their recent charts beforehand that they would be willing to discuss. In just under 90 minutes, 15 members of the New York Chapter took the podium to illustrate a couple of their recent trades or market calls. Most importantly, we presented the event jointly with the Charlotte Chapter via live webcast. Carson Dahlberg, CMT, Charlotte Chapter Chair, presented his charts via telephone, and we were able to interact with each other during the session.

The event was a great success, with both chapters gaining insight from its own members. We discovered that each of us used different techniques, varied time frames, and unique approaches to analyzing and trading the equity, futures, and currently markets. It was quite beneficial to get

After six months of data following the elimination of the shorting up-tick rule, it is clear from the TICK index data that a notable difference exists in the behavior of daily movement in stocks. However; wider implications, such as chart formation differences and impact on quantitative models is still unclear. It seems to me that the bear has discovered a brand new weapon in battling the bull. As I have said before, we are playing on a whole new field. It is as if the bear has had one hand tied behind its back for 70 years and suddenly it has been liberated to fight on an even playing field. The bear is still testing out its new found weapon, and getting the blood circulation in that paw. One thing is for certain, it is much nastier to get a bear hug with both paws than a mere swing from

Several times throughout the year, the MTA would like to recognize those that have been granted Member Status and the TAN designation. During this time period, October ‘07 – ‘07, the new Members and CMT charter holders are as follows:

New Members:

Abularach, Mario E., MA
Bamert, Olivier, Switzerland
Bender, Gregory, NY
Boeckman, Steve C., CA
Breedis, Katherine, NY
Brogan, Terence W., MA
Burcher, Michael, NJ
Cantori, Barbara, Italy
Chapman, Brandon, UT
Choremi, Philip N., NY
Cook, Michael, CA
Dahlberg, Carson, NC
Davies, Scott, NY
De La Loma, Alexey, Spain
De Marco, Angelo, Canada
Dote, Patrick, NY
El Maghrabi, Amr, Egypt
Evans, H. Parker, FL
Gaebele, Karsten S., NJ
Goenka, Vinary, India
Gunther, John E., FL
Isaakidis, John, Canada
Job, Ken V., United Arab Emirates
Kini, Kiran P., DC
Kline, George W., CA
Kolloff, Sean, MA
Lang, Tyler S., KY
Lauderdale, Patrick J., IL
Lee, Derrick, Canada
Mayer-Godin, Benoit, Canada
McGovern, Kevin,

On January 25th and 26th, MTA Mid-winter Retreat participants met in St. Pete’s beach, Florida for 2 days of learning, networking and relaxation. There were over 135 participants in the Retreat, far greater attendance than in prior years!!!

On the first day, participants heard presentations from Jordan Kotick, Hank Pruden and John Bollinger. In addition, participants heard from Bill Doane, our 2008 MTA Annual Award winner. In the afternoon of Day One, the MTA held a market forecast panel with market specialists Phil Roth, Jeff Degraaf and Rick Bensignor as panelists.

On day 2, participants heard from Ned Davis, Frank Texeira and experienced round table topic experts from Jeff DeGraaf, Phil Roth, Sherman McClellan, Ned Davis, John Bollinger, Katie Townsend, Hank Pruden and Ken Tower.

Our survey results on the Retreat were excellent with most categories having over 95% total satisfaction (Outstanding or Above average). We appreciate all survey input and will be