The Technical Analysis Educational Foundation (TAEF) was established in 1993 as a non-profit organization known as the Market Technicians Association Educational Foundation, renamed in 2018. The original mission of the then-MTAEF was to create and fund educational programs in the field of Technical Analysis. Throughout the years, this mission has expanded to include the creation and support of a complete Technical Analysis curriculum that is now being taught in colleges and universities for college credit.
Through the support of the financial community and dedication of countless volunteers, the TAEF continues to extend its reach into new colleges and universities around the world.
Vision
Our vision is to see college students learning technical analysis as an integral part of their finance education.
Mission
Our mission is two-fold:
- To promote the education of undergraduate and graduate students in the field of technical analysis
- To support university faculty in teaching technical analysis, developing curriculum that includes technical analysis, and conducting academic research
Board of Directors
Craig Johnson, CFA, CMT
President
Craig Johnson, CFA, CMT
President
Craig Johnson is a Managing Director and senior technical research strategist and directs Piper Jaffray’s technical research group. Johnson joined Piper Jaffray in 1995 as an analyst in the firm’s private client research department. He offers frequent technical commentary on the broader market and individual stocks. Johnson earned his B.S. degree with an emphasis in finance and marketing and his M.B.A. from Drake University. He holds the Chartered Financial Analyst and Chartered Market Technician designations and is an active member of the Twin Cities Society of Securities Analysts and co-chapter chair of the Minnesota Chapter Market Technician Association. He is also on the board of directors for the Market Technicians Association.
Dave Lundgren, CMT, CFA
Vice President
Dave Lundgren, CMT, CFA
Vice President
As a technical analyst, David monitors global equities and equity indices, as well as fixed income, currency, and commodity markets. Although he regularly reviews traditional technical indicators, including oscillators, moving averages, money flows, sentiment gauges, and volatility, he relies primarily on a quantitative technical research process he personally developed based on trend, momentum, and relative strength. Prior to joining Wellington Management in 2007, David owned and operated Breakaway Research, Inc., an independent research firm which he launched in 2004.
Prior to launching Breakaway, David was a founding partner and senior Technical Analyst at Lyceum Capital Partners (2002 – 2004), a global equity hedge fund. Prior to that, he was a technical analyst at Fidelity Investments (1999 – 2002). In addition, David was a senior technical analyst at Thomson Global Markets, and proprietor of Lundgren Financial Services, which he launched to jointly publish a technical research product with Thomson Financial. David is a Chartered Financial Analyst (CFA), and a member of the CFA Institute and the Boston Security Analysts Society (BSAS). He is an Associate Member of the Market Technicians Association. He graduated with high honors from Babson College (1988), with a degree in finance and investments.
Philip J. Roth, CMT
Vice President
Philip J. Roth, CMT
Vice President
Philip J. Roth, a Chartered Market Technician (CMT) was the Chief Technical Market Analyst at Miller Tabak + Co. from 2001 until April 2012. He was a Wall Street professional for 46 years, having been the chief market technician at Morgan Stanley, Dean Witter, Shearson Lehman, EF Hutton, and Loeb Rhodes. He is a three-time past President of the Market Technicians Association and a current director, and a former director of the New York Society of Security Analysts.
He is currently Vice President of the Technical Analysis Educational Foundation. He is an Adjunct Professor in the Graduate School of Business at Fordham University and at IE Business School in Madrid, Spain, and has lectured at Baruch, Pace, Columbia, Cornell, Georgia Tech, Howard, Ohio State, Pittsburgh, Rutgers, Seton Hall, Tulane, the University of Wisconsin, the University of Virginia, and the University of Richmond. Roth served as Interim Executive Director of the Market Technicians Association from September 2015 to January 2016.
Brett Villaume
Secretary
Brett Villaume
Secretary
Brett Villaume is Past President of the CMT Association, having served on the Board of Directors from 2014 to 2023. Additionally, Brett is a Financial Advisor at Equitable Advisors based in San Francisco, California.
Brett previously served as Director of Investor Relations at a publicly-traded regional bank headquartered in Irvine, California. From 2004 to 2014, Brett was Vice President and Research Analyst with FIG Partners (now Janney Montgomery Scott), a boutique broker-dealer specializing in Bank and Thrift equity investments, where he specialized in fundamental and technical analysis of small- to mid-sized banks in the western region of the US. From 1999-2004, Brett was a Research Analyst at Neovest Trading, a trading software development firm and regional broker-dealer, where he authored daily technical analysis commentary and co-managed the firm’s proprietary quantitative stock picking model.
Brett is an Adjunct Professor of Technical Analysis at Golden Gate University in San Francisco, California. He previously served as Co-Chair of the Atlanta, Northern California, and Los Angeles chapters of the CMT Association. Brett achieved the Chartered Market Technician (CMT) designation in 2005 and the Chartered Alternative Investment Analyst (CAIA) designation in 2012.
Mehmet Gunay
Treasurer
Mehmet Gunay
Treasurer
Mehmet Gunay is a discretionary trader at SMB Capital, a proprietary trading firm in New York. He is a recent graduate of the Smeal College of Business at Penn State University where he co-founded a technical analysis club and was actively involved in the student trading community.
Mehmet previously served as the college liaison for the CMT Association where he was involved with organizing the College Colloquium series aimed at raising awareness for technical analysis at the collegiate level.
J. Cody Tafel, CMT, CAIA
Director
J. Cody Tafel, CMT, CAIA
Director
Cody Tafel, CMT, CAIA is a Senior Equity Trader for a multi-billion dollar Richmond, Virginia based registered investment advisor. He serves as President of the MTA Educational Foundation and has taught technical analysis in the Robins School of Business at the University of Richmond, as well as guest lectured at Penn State University and the University of Virginia.
Cody was previously the Director of Trading for Rapidan Capital LLC and also the head trader for Shockoe Capital Partners, a long/short equity hedge fund where he managed proprietary capital and began developing systematic trading programs.
Cody studied the Turtle Trading Method with an Original Turtle in 2005, and is a member of the Market Technicians Association and the Chartered Alternative Investment Analyst Association. He earned his CMT designation in 2007 and CAIA designation in 2013, and holds a BA in economics from the University of Virginia.
Richard Gula
Director
Richard Gula
Director
Richard Gula has an extensive background in securities analysis, including significant supervisory experience at several highly regarded investment management firms. He served in the late 1990s as the director of technical analysis at Fidelity Management and Research. In addition to developing quantitative and technical research methods, and integrating those approaches into the firm’s security selection process, Mr. Gula reported directly to Edward C. Johnson III, Fidelity’s chairman, concerning investment projects he managed.
Prior to working at Fidelity, Mr. Gula was the chief investment officer of BayBanks Investment Management, which managed $4 billion in assets for mutual funds, trusts, institutions and high-net-worth individuals. Mr. Gula’s professional background also includes senior positions at Batterymarch Financial Management and Putnam Funds, where he served as head of international equities and director of market analysis, respectively.
Mr. Gula graduated from Harvard University, with undergraduate and graduate degrees in psychology.
Kevin Moore, CFA, CMT
Director
Kevin Moore, CFA, CMT
Director
Kevin Moore is an executive professor and the director of the Master of Science in Finance (MSF) program at Texas A&M’s Mays Business School in College Station, TX. The MSF designed for quantitative non-finance undergraduates that want to launch a finance-related career. Its tagline is “STEM to Stocks.”
In addition to technical analysis, he teaches trading and markets. Prior to this, he was an adjunct professor teaching technical analysis at the University of Maryland, College Park, MD.
Kevin is also the founder and portfolio manager of K.M. Moore & Co, LLC in Houston, TX. He has more than 25 years of professional experience including over 15 years in investment analysis. Mr. Moore began his career at Goldman Sachs in its information systems division. He then worked in management consulting at Booz-Allen & Hamilton and Deloitte & Touche. Subsequently, he held senior equity research analyst positions at Deutsche Bank, Alex. Brown, and Wachovia Securities.
Kevin holds a B.S in electrical engineering from the University of Pennsylvania and an MBA from the Wharton School. He served with the Maryland National Guard in Iraq during 2003.
Advisory Panel
Ralph Acampora, CMT
Advisor
Ralph Acampora, CMT
Advisor
Ralph Acampora was Managing Director of Altaira Wealth Management in New York. He is a pioneer in the development of market analytics and has a global reputation as a market historian and a technical analyst, providing unique insights on market timing and related investment strategy issues.
Ralph Acampora was previously the Director of Technical Analysis Studies at the New York Institute of Finance. Ralph has taught at the institute for 40 years. Before joining NYIF, he was Director of Technical Research at Knight Equity Markets. Prior to this, he worked for 15 years at Prudential Equity Groups as its Director of Technical Analysis. Ralph has been consistently ranked by Institutional Investor for more than 10 years. Prior to his employment at Prudential, Ralph Acampora worked at several of the financial industry’s top firms, including Kidder Peabody and Smith Barney.
With 40 years of experience, Ralph has been instrumental in the development of modern-day technical analysis. He co-founded the Market Technicians Association (MTA) in 1970, is a past president and continues to be an active member of the society. Ralph established the MTA library in 1975 with the assistance of the New York Institute of Finance. He also founded and was the first chairman of the International Federation of Technical Analysts (IFTA). Ralph continues to participate in the education of technical analysts, serving as teacher and lecturer for the New York Institute of Finance (NYIF) for the past 37 years and the Security Industry Association’s annual Wharton seminars.
Ralph is a trustee on the Board of the Security Industry Institute (SII) and currently is involved in the establishment of the Securities Traders Association University (STAU). He attended Iona College, graduated from St. Joseph’s Seminary and is the author of The Fourth Mega Market: Now Through 2011.
Keith Applegate, CMT
Advisor
Keith Applegate, CMT
Advisor
Bio coming soon.
Jonathan C. Arter
Jonathan C. Arter
Jonathan Arter is president of Taniscott Capital, Inc. where, among other things, he is carrying on the trend and cycle work developed by Ian S. Notley. Jonathan and Ian worked together for nearly 20 years developing further the work Ian first pioneered at Dominion Securities and later at Yelton Fiscal, Inc.
Jonathan has worked in the investment industry for 28 years. Prior to joining Yelton Fiscal, he worked with Richard Arms who is the creator of the popular Wall Street indicator TRIN, now commonly known as The Arms Index. Earlier in his career, Jonathan focused on volume studies for the domestic and international institutional investment community. This led him on to the broader global capital markets analysis. He is a graduate of Bates College with a degree in economics.
Jonathan is a member of and frequent speaker for:
- American Association of Professional Technical Analysts (AAPTA)
- International Federation of Technical Analysts (IFTA)
- Market Technicians Association (MTA)
He is a guest lecturer for various U.S. universities for graduate business degrees. Curriculum focuses on business cycle and stock market cycles with particular emphasis on very long-term secular forces and their impact on the current cycle for all asset classes. He also participates in a high level think-tank group on economic, financial, political and climatic forecasting.
In partnership with the MTA Educational Foundation (MTAEF), Jonathan has announced the formation of The Ian S. Notley Memorial Award which will present a $2,500 prize awarded to that student who writes the winning paper addressing market and business cycles and the oscillations present in capital markets on a secular and cyclic basis. It is expected that first award will be given in December 2010.
Charles Comer, CMT
Advisor
Charles Comer, CMT
Advisor
Charles Comer is a Principal at the firm of Family Office Advisors LLC, New York, NY. After a career on the sell side, as an analyst, technical analyst, strategist, director of research and global research coordinator, he launched a second career co-founding a multifamily office, addressing a need among high net worth families and individuals for unbiased wealth management counsel.
Throughout his career he has served on the boards and committees of various professional organizations including a long-term stint on the Disciplinary Review Committee of the Chartered Financial Analysts’ Institute (the enforcement arm of the CFAI’s professional ethics effort.) He has taught courses in technical analysis at the New York Society of Security Analysts and other academic and professional institutes both in the US and in Europe, as well as being a guest lecturer on technical analysis in many venues.
Charles is a former president of the Market Technicians Association and a former president of the New York Society of Security Analysts. He is an elected Trustee and Deputy Mayor of his local village.
Gail Dudack, CMT
Advisor
Gail Dudack, CMT
Advisor
Gail M. Dudack is the managing director of Dudack Research Group, an independent institutional research firm that provides economic, fundamental, quantitative and technical strategy and tools to mutual funds, hedge funds and private money managers. Dudack Research Group is a division of Wellington Shields & Co. LLC., a NYSE member firm that provides full service brokerage to institutions, high net worth, and family accounts. Prior to setting up her own firm, Ms. Dudack was the Chief U.S. Investment Strategist for UBS AG and its predecessor firms beginning with S.G. Warburg PLC. Ms. Dudack began her Wall Street career at the Pershing division of Donaldson, Lufkin & Jenrette Inc. (now Credit Suisse Group AG).
Ms. Dudack was president of the Donaldson, Lufkin & Jenrette Inc. Employees Federal Credit Union from 1977 to 1980 and a trustee of the S.G. Warburg Employee Retirement Board from 1988-1995. She was president of the Market Technicians Association from 1985 to 1987, and a member of the New York Society of Security Analysts Board of Directors from 1989-1991 and a member of the NYSSA Advisory Council. Ms. Dudack is a founding member of the International Federation of Technical Analysts, a past arbitrator for the NASD and a past member of the Department of Labor’s Business Research Advisory Council (BRAC) for consumer and producer price indices. She is a current trustee and past Chair (2003-2005) of the Securities Industry Institute, the professional education body of the Securities Industry and Financial Markets Association (SIFMA). Ms. Dudack was a panelist on “Wall $treet Week with Louis Rukeyser” for over 20 years and appeared on the subsequent PBS show “Wall Street Week with Fortune”. She has also been a guest on CNBC, “Nightly Business Report” (PBS) and Bloomberg TV. She is a popular speaker at a variety of business and investment forums both domestically and abroad.
Ms. Dudack earned a Bachelor of Arts degree in Economics from Skidmore College, where she received the Wall Street Journal Award for the most promising student in finance. In 1990, she attained the Chartered Market Technician (CMT) designation awarded by the Market Technicians Association (CMT Association) and in early 1997, received the CMT Association’s “Best of the Best Award” for her price analysis and market forecasting for the previous five-year period. In May 2007, she received the CMT Association’s Annual Award honoring both her career and her contribution to the professional organization. Skidmore College presented Ms. Dudack their Special Achievement Award in June 2001. Ms. Dudack received Skidmore’s Outstanding Service award in June 2010 and was honored to have the boardroom in Skidmore’s Career Development Center named in her honor in October 2015. She has contributed to several documentaries and books on the stock market and the industry, is featured in “Bull! A History of the Boom, 1982-1999” by Maggie Mahar (Harper Business 2003) and is the subject of a chapter in “The Heretics of Finance” by Andrew W. Lo and Jasmina Hasanhodzic (Bloomberg Press 2009).
Ms. Dudack was Co-Chair of Skidmore College’s Parents Council (2009-2011), is currently President of the Skidmore Alumni Association, a member of Skidmore’s Board of Trustees (2011-2014) and is a member of several professional organizations including the Women’s Forum on NY where she currently serves on the Finance Committee. She resides in Westchester County with her husband and son.
Detlef Hallermann, Ph.D.
Advisor
Detlef Hallermann, Ph.D.
Advisor
Detlef Hallermann is an Associate Clinical Professor and Director for the Reliant Energy Trade Center at Texas A&M University. Dr. Hallermann has created and directs the Trading, Risk & Investments Program (TRIP) for the university. TRIP is a collaborative program between the university and industry in which students participate in three markets related internships as part of a B.B.A. / M.S. Finance degree program. As part of his TRIP responsibilities, Dr. Hallermann manages a thirty (30) company advisory board.
In addition, Professor Hallermann is an Adjunct Professor for Rice University involved in their Continuing Education Programs. Dr. Hallermann has created programs related to almost all aspects of front- and mid-office responsibilities for energy trading. Dr. Hallermann has also taught at the University of Denver and the Colorado School of Mines. Dr. Hallermann has created trading and risk management courses for numerous private entities regarding energy trading including Duke Energy, Nord Bank (Germany) and the Algerian government.
Dr. Hallermann sits on the Market Technician Association Education Foundation Board. He is a Financial Management Association (FMA) and Global Association of Risk Professionals (GARP) member. He authored the first draft of the GARP Energy Risk Management (ERM) Certificate coursework.
Detlef Hallermann has over ten years of practical experience in the energy industry. He is well versed in oil and gas acquisitions as a petroleum engineer and MBA. Dr. Hallermann has focused the past fifteen years on derivatives, contingent claims analysis, trading and risk management and market behavior in the commodities sector. As part of his doctoral work, Dr. Hallermann created an options based model for valuing political/expropriation risk in the mining sector.
Prior to joining Texas A&M University, Dr. Hallermann performed product development for an energy trading and risk management (ETRM) software company and managed the Quantitative Group at Reliant Energy. While managing the quantitative group, Dr. Hallermann developed models for pricing credit risk, full-requirements and long-term electricity and natural gas contracts. He also advised the risk management group regarding value-at-risk (VaR) and strategic VaR allocation.
Dr. Hallermann has an M.S. and a Ph.D. from the Colorado School of Mines, an MBA from the University of Denver, and a B.S. in Petroleum Engineering from Texas A&M University.
Jasmina Hasanhodzic, Ph.D.
Advisor
Jasmina Hasanhodzic, Ph.D.
Advisor
Jasmina Hasanhodzic is the co-author with Andrew Lo of the books “The Heretics of Finance: Conversations with Leading Practitioners of Technical Analysis” and “The Evolution of Technical Analysis: Financial Prediction from Babylonian Tablets to Bloomberg Terminals.”
Her works on alternative market betas and technical analysis have appeared in leading publications such as the Journal of Investment Management, and she serves on the board of directors of the Market Technicians Association Educational Foundation.
Jasmina is a graduate of Yale College and holds a Ph.D. from MIT’s Department of Electrical Engineering and Computer Science.
Bruce Kamich, CMT
Advisor
Bruce Kamich, CMT
Advisor
Bruce Kamich is with a major Wall Street firm as a Vice President, Technical Analyst. Previously, he was a financial journalist at Reuters covering the cocoa, coffee, and specialty coffee markets and coverage of other soft commodities as needed. He is the author of How Technical Analysis Works, selected byBarron’s as one of their top investment books for 2003 and by The Stock Traders Almanac for 2004.
From 1985-1999, he was Senior Vice-President – Technical Analyst at McCarthy, Crisanti & Maffei, Inc. responsible for all aspects of research, development, production and general management of an electronic-based financial information service. His commentary and technical forecasts on the US Treasury markets and global bonds were read around the world. In addition, Bruce was on the Interest Rate Advisory Committee of Van Kampen. Bruce has been with Oppenheimer; Bevill, Bresler & Shulman; Merrill Lynch.
Bruce graduated from the University of Connecticut with honors with a BA – major in economics and a minor in finance. He has completed additional graduate course work at Baruch College and is an adjunct Professor of Finance at Baruch where he teaches technical analysis to undergraduates. Also, he has been an instructor at Rutgers University and the New York Institute of Finance with courses on technical analysis of the bond market and bear market tactics.
Charles Kirkpatrick II, CMT
Advisor
Charles Kirkpatrick II, CMT
Advisor
Throughout his 42 years in the investment field, the national media and his peers have recognized Charles Kirkpatrick. He has been featured on Wall $treet Week, CNBC, and in the magazine Technical Analysis of Stocks and Commodities, has been quoted in such publications as the Wall Street Journal, BusinessWeek, Forbes, Futures Magazine, Money Magazine and the New York Times, and has written articles for Barron’s and the Journal of Technical Analysis. He is the only person to win the annual Charles H. Dow Award twice, for articles on technical analysis in 1993 and 2001. The Market Technicians Association, Dow Jones Newswire, Bridge Information Systems, and Barron’s jointly sponsor the Charles H. Dow award. In 2008, he won the MTA Annual Award “for Outstanding Contributions to the Field of Technical Analysis.”
He has been a featured speaker before such professional organizations as the New York Society of Security Analysts, Financial Analysts Federation, Market Technicians Association and the Foundation for the Study of Cycles, and he is mentioned in Who’s Who in Industry and Finance as well as other professional biographical publications. He is a Chartered Market Technician (CMT), a past elected Board Member of the Market Technicians Association, past editor of their Journal of Technical Analysis, Chairman of their Academic Liaison Committee, responsible for the development of courses in technical analysis at major business schools. He currently spends much of his time as Director of the Market Technicians Association Educational Foundation developing courses in technical analysis for colleges and universities.
Charlie began his career with the investment advisory division of Brown Brothers Harriman & Co. managing the Harriman family accounts. He later moved to the Tabell Group at Walston & Co. where he assisted in the origination of an extensive historical database on the stock market and in the creation of one of Wall Street’s first block trading desks. He then joined the Arthur Lipper Corporation where he originated a number of notable studies on individual stock price patterns, relative price strength and earnings growth.
In 1970 Charlie co-founded the Market Forecasting division of Lynch, Jones & Ryan and in 1978 his own market forecasting and brokerage firm, Kirkpatrick & Company, Inc., which published an investment-strategy letter, provided computerized stock-selection methods to institutional portfolio managers, managed a hedge fund, and traded options on the PHLX and CBOE. While currently retired from the investment management, brokerage and trading businesses, he continues to publish his Market Strategist letter, to calculate his award-winning stock-selection lists, and to lecture to investment classes at colleges and universities throughout the country.
Charlie is the co-author with Julie R. Dahlquist of Technical Analysis: The Complete Resource for Financial Market Technicians and the author of Beat the Market: Invest in Stocks by Knowing When to Buy and When to Sell. He is a graduate of Phillips Exeter Academy, Harvard College (AB), and the Wharton School of the University of Pennsylvania (MBA).
David Krell, CMT
Advisor
David Krell, CMT
Advisor
David Krell is a founder of International Securities Exchange (ISE) and former President & CEO. He was Chairman and co- founder of K-Squared Research, LLC, a financial services consulting firm; former Vice President, Options and Index Products, of the New York Stock Exchange; former First Vice President at the Chicago Board Options Exchange, responsible for the management and operation of the Marketing and Sales Division. He was also a Vice President of Merrill Lynch and founded its Managed Options Service.
David is active in numerous industry groups; former Director of the International Federation of Technical Analysts, former president of the Market Technicians Association and a Director on the Board of The Options Clearing Corporation. He was formerly an adjunct professor at Rutgers University Graduate School of Management and at the Graduate School of Baruch College. He has taught, coordinated and directed numerous seminars and workshops at the New York Institute of Finance.
The 20th Annual Bernard Baruch Dinner was held on April 28, 2009 at Cipriani’s in New York. The gala dinner honored Larry Zicklin (’57, LHD [Hon.] ’99) and David Krell (MBA ’71) as Baruch College Alumni of the Year. Both spoke eloquently about the College, its mission, its future, and its ongoing importance to them personally.
Steven C. Leuthold
Advisor
Steven C. Leuthold
Advisor
Steve Leuthold is the founder and Chief Investment Officer of The Leuthold Group, LLC, an institutional investment research firm established in 1981. In 1987, Steve initiated a small investment management operation which is driven almost exclusively by The Leuthold Group’s own internal research. Steve serves as Chief Investment Officer of the registered investment advisor and serves as senior executive of the investment portfolio management team; and is a member of Leuthold Funds’ Board of Directors.
Considered an industry expert, Steve is frequently cited in leading trade journals, makes appearances on broadcast media financial programs, and is regularly invited to speak at meetings and investment conferences including the Contrary Opinion Forum. In the past, he has served as a contributing editor, authored articles for major industry publications, and has conducted seminars for industry-related university curriculums including the Universities of Minnesota, Wisconsin, Arizona and St. Thomas.
Steve is the author of many books and articles, including The Myths of Inflation and Investing and Index Funds, the Risks and Pitfalls. He is a frequent contributor to leading trade journals, including The Wall Street Journal, Barron’s, The Journal of Portfolio Management, The Financial Analysts Journal, Newsweek and BusinessWeek.
In 1999, Steve and Leuthold team member Eric Bjorgen, co-authored a special study, Corporate Insiders’ Big Block Transaction, for which they won the prestigious Charles H. Dow Award. In addition, Steve Leuthold’s Financial Analyst Journal article, “Inflation, Deflation and Interest Rates,” was awarded the 1982 Graham and Dodd Scroll by the Financial Analysts Federation. Steve has been an MTA member for about 40 years and has spoken at the annual seminar a number of times.
Dave Lundgren, CMT, CFA
Vice President
Dave Lundgren, CMT, CFA
Vice President
As a technical analyst, David monitors global equities and equity indices, as well as fixed income, currency, and commodity markets. Although he regularly reviews traditional technical indicators, including oscillators, moving averages, money flows, sentiment gauges, and volatility, he relies primarily on a quantitative technical research process he personally developed based on trend, momentum, and relative strength. Prior to joining Wellington Management in 2007, David owned and operated Breakaway Research, Inc., an independent research firm which he launched in 2004.
Prior to launching Breakaway, David was a founding partner and senior Technical Analyst at Lyceum Capital Partners (2002 – 2004), a global equity hedge fund. Prior to that, he was a technical analyst at Fidelity Investments (1999 – 2002). In addition, David was a senior technical analyst at Thomson Global Markets, and proprietor of Lundgren Financial Services, which he launched to jointly publish a technical research product with Thomson Financial. David is a Chartered Financial Analyst (CFA), and a member of the CFA Institute and the Boston Security Analysts Society (BSAS). He is an Associate Member of the Market Technicians Association. He graduated with high honors from Babson College (1988), with a degree in finance and investments.
Richard Peterson, MD
Advisor
Richard Peterson, MD
Advisor
Richard Peterson is the Managing Director of MarketPsy Capital LLC, a psychology-based asset management firm in Los Angeles. Through MarketPsych Partners (www.marketpsych.com) he trains financial professionals to use investment psychology and behavioral finance in their daily work, both with clients and in the markets. He is an Associate Editor at the Journal of Behavioral Finance. He has written for a number of publications, including the Journal of Psychology and Financial Markets, and was a contributor to the book Risk Management: A Modern Perspective. Additionally, he has a practice at the Akasha Center in Santa Monica, California where he coaches business professionals and practices psychiatry.
Dr. Peterson’s financial psychology research has been published in leading academic journals, textbooks, and mentioned in the financial media including CNBC, NPR, and The Wall Street Journal. His book, Inside the Investor’s Brain (Wiley, 2007), was praised as “outstanding” byBarron’s and a “Best Investing Read of 2007” by Kiplinger’s. He earned honors degrees in electrical engineering (BS), arts (BA), and medicine (MD) from the University of Texas. He performed post-graduate neuroeconomics research at Stanford University and is Board-certified in psychiatry.
Robert Prechter, CMT
Advisor
Robert Prechter, CMT
Advisor
Bob Prechter began his professional career in 1975 as a Technical Market Specialist with the Merrill Lynch Market Analysis Department in New York. He has been publishing The Elliott Wave Theorist since 1979. Prechter is president of Elliott Wave International, a financial publishing firm. Mr. Prechter has won numerous awards for market timing, including the United States Trading Championship, and in 1989 was awarded the “Guru of the Decade” title by Financial News Network (now CNBC). He served for nine years on the board of the Market Technicians Association and in 1990-1991 served as its president.
Prechter has written 14 books on the Wave Principle model of finance. Since 1979, when he first addressed the subject, Bob has been developing a theory of social causality now outlined in his book Socionomics—the Science of History and Social Prediction (1999-2003). Prechter has served as a reviewer to academic journals and has made presentations on socionomic theory to Oxford, Cambridge, Trinity, the London School of Economics, MIT, Georgia Tech, SUNY and academic conferences. Prechter and colleague Dr. Wayne Parker’s paper “The Financial/Economic Dichotomy” was published in The Journal of Behavioral Finance in 2007. Prechter founded the Socionomics Institute and funds the Socionomics Foundation, which supports academic research in the field.
Mr. Prechter graduated from Yale University in 1971 with a degree in psychology. He is a member of The Shakespeare Oxford Society, the Shakespeare Fellowship and the Triple Nine Society.
George A. Schade, Jr., CMT
Advisor
George A. Schade, Jr., CMT
Advisor
George A. Schade, Jr., CMT has written extensively about the people and innovations that have advanced the technical analysis of financial markets. His research has appeared in books, professional journals, and financial magazines. He worked with John A. Bollinger to accomplish the donation to the then Market Technicians Association Library of the largest collection to date of technical analysis archival materials. A member of the MTA, now CMT Association, since 1987, he has served on the Audit, Awards, Charles H. Dow Award, CMT, Ethics and Standards, Newsletter, Nominations, Rules, and Annual Seminar Committees of the MTA. In 2013, he received the Charles H. Dow Award that highlights outstanding research in technical analysis, and in 2017 the Service Award of the CMT Association. He is an attorney and retired trial court judicial officer.
Ken Tower, CMT
Advisor
Ken Tower, CMT
Advisor
Ken Tower is senior analyst, senior vice president at Quantitative Analysis Service, Inc. (QAS), Jersey City, NJ, has joined the Foundation Board. Ken appears regularly in the financial media including television appearances on CNBC and Bloomberg TV as well as AP Radio, MarketWatch Radio, Bloomberg Radio, and a variety of newspapers including The Wall Street Journal, Barron’s and The New York Times. He has had articles published in the MTA’s Journal of Technical Analysis along with Active Trader, SFO and Technical Analysis of Stocks and Commodities magazines. He has been a guest lecturer at many CFA Institute member societies as well as various universities.
Ken is a member and former president of the Market Technicians Association (MTA). He earned his Chartered Market Technician (CMT) charter in 1991 and was part of the MTA’s 2004 presentation team that resulted in the FINRA decision to recognize the passage of CMT exam levels 1 and 2 as a Series 86 exemption as they do with CFA levels 1 and 2. He has been a guest speaker at numerous MTA seminars and Chapter meetings, received the MTA’s Best of the Best award for Point & Figure charting on behalf of his research team, regularly assists with the grading of CMT level 3 exams, and is on the article review committee of the Journal of Technical Analysis. His point and figure work is cited in John Murphy’s best selling Technical Analysis of the Financial Markets, Jeremy du Plessis book The Definitive Guide to Point & Figure and he has a chapter in New Thinking in Technical Analysis.
Larry Berman, CMT, CTA, CFA
International Advisor
Larry Berman, CMT, CTA, CFA
International Advisor
Larry is a Co-Founder of ETF Capital Management (ETFCM) and brings over 20 years of industry experience to the role of Chief Investment Officer. Larry has been ranked as one of Canada’s “Top 3 Analysts” according to institutional investor surveys.
Larry began his career as a Toronto based investment advisor in 1989 and completed a technical internship in New York with the Market Technicians Association (www.mta.org) in 1994, where he studied the techniques of many top Wall Street technicians. Prior to founding ETFCM, he was Chief Technical Strategist and Managing Director for CIBC World Markets since 1997. Larry was a senior technical analyst for Thomson IFR in Boston and senior technical analyst and trader for Marleau, Lemire Futures in Toronto.
Larry is a Chartered Market Technician (CMT), a Chartered Financial Analyst (CFA), and is a US registered Commodity Trading Advisor (CTA).
Larry is the primary author of the textbook for the technical analysis course offered by the Canadian Securities Institute (CSI), which is the primary source of education for technical analysis in Canada. Larry is past President of the Canadian Society of Technical Analysts (www.csta.org), past Vice-Chairman (Americas) of the International Federation of Technical Analysts (www.ifta.org), and in 2010 completed a 2-year term as President of the Market Technicians Association (MTA). Larry’s opinions frequently appear in the media, and he is a featured weekly on BNN’s (watch.bnn.ca/bermans-call) Berman’s Call.
Larry graduated from York University with a BA in Economics and lectures on technical analysis at colleges and universities and sits on the international board of advisors to the MTA Educational Foundation (www.mtaef.org)
Jack Cahn, CMT, CTA
International Advisor
Jack Cahn, CMT, CTA
International Advisor
Jack Cahn, CMT, CTA is a Director of Creative Breakthrough, Inc. (CBI) Jack works outside of Brisbane, Australia on the Sunshine Coast. The firm specializes in the development and sales of computerized trading systems that are based on technical analysis of the marketplace.
Jack started his career as a trader in 1974 at Stix & Co. in St. Louis, moved to Merrill Lynch in 1977 in New York until 1982 when he joined Shearson Loeb Rhodes. He was Chief Technical Market Analyst for R. Rowland and Co. from 1986 to 1989 when formed the RIA/CTA Creative Breakthrough.
Today Jack publishes a hyper-syndicated i-newsletter for traders: Thinking Man’s Trader. CBI produces independent technical trading ideas as well as fully developed trading systems to the individual developer / traders market. The firm has partners in Hong Kong, Frankfurt, New York and Vancouver.
Jack served on the MTA Board of Directors from 1989-1995, he was the editor of the MTA newsletter from 1989-94 and the annual seminar chairman in 1995. He is a graduate of University of Missouri-Columbia with a BA in Philosophy/Psychology. He is currently working on his Master’s Degree in Journalism. Mr. Cahn has dual citizenship were he resides in Australia as well as the USA.
Jeremy du Plessis, CMT, FSTA
International Advisor
Jeremy du Plessis, CMT, FSTA
International Advisor
Jeremy du Plessis, CMT, FSTA is head of Technical Analysis and Product Development at Updata Limited in London. He is responsible for the design and development of Updata’s suite of technical analysis systems, which use a variety of datafeeds such as Bloomberg, CQG, Reuters, FutureSource, eSignal and others. His passion is point and figure and is the author of The Definitive Guide to Point and Figure published by Harriman House in 2005.
After a career as an automotive engineer at Toyota manufacturing, Jeremy returned to university to take an economics degree where he gained an interest in technical analysis. After graduating in 1981, he joined his brother producing a technical analysis newsletter which specialized in gold and gold shares advice as well as trading metals on the London market. The company was purely technical and had a team of girls updating charts, including point and figure, by hand every day. The tedium of doing this and the introduction of the IBM PC persuaded Jeremy to leave to start his own business, Indexia Research, with the specific aim of computerizing technical analysis. The company initially managed client money and produced a daily computerized technical analysis advisory service before creating one of the first PC based technical analysis systems. It was the first to draw point and figure charts correctly in their 1-box and 3-box form as well as drawing log scale point and figure charts with automatic targets and trend lines. After running the company for 20 years, he merged it with Updata Limited in 2001, where he now designs and produces their range of technical analysis systems. The Updata software is used by the world’s major Banks, Hedge Funds, Fund Managers and Energy traders in 40 countries worldwide.
Jeremy has been lecturing and teaching point and figure for over 25 years and is considered to be largely responsible for the renewed interest in point and figure from professional traders. He has spoken at conferences in UK, USA, Canada, South Africa, Germany, France and Italy.
Jeremy joined the Market Technicians Association (MTA) in 1987 and gained his CMT in 1997. He is also a member of the UK Society of Technical Analysts (STA) as well as the American Association of Professional Technical Analysts (AAPTA).
Ron Meisels
International Advisor
Ron Meisels
International Advisor
Ron Meisels, Founder and President of Phases & Cycles Inc. in Montréal has over 40 years of stock market experience. He specializes in the independent research of Canadian and U.S. securities. Institutions ranked him among the top three technical analysts for six consecutive years (Brendan Wood Survey). He is listed in the Canadian Who’s Who.
He has been publishing the technically-oriented Phases & Cycles® reports since 1970. He was Director and Vice President of the brokerage firm Goulding, Rose & Turner from 1976 to 1982, and Vice President and Manager of Technical Research at Nesbitt Thomson Inc. (now BMO Nesbitt Burns) from 1982 to 1990. He founded Phases & Cycles Inc. in 1990.
He has a truly distinguished track record in anticipating stock market moves, as illustrated by his famous “10,000 in 2000” prediction in January 1995 (based on his discovery of the 40-year cycle) when the DJIA was at 3800. He first presented this research at the 1995 IFTA Seminar in San Francisco and subsequently in Chicago, Toronto, New York, London and most recently in Cairo (for the Egyptian Society of Technical Analysts).
Mr. Meisels is a co-editor of a weekly column in the Globe and Mail (“What the charts say”); he is a frequent guest on Business News Network and is frequently quoted in major financial media such as the Globe & Mail, The National Post, Les Affaires, Bloomberg, Canadian Press and Reuters.
Mr. Meisels is also:
• Founder and first President of the Canadian Society of Technical Analysts (CSTA), and founding Secretary and past Director of the International Federation of Technical Analysts (IFTA).
• First Canadian recipient of the A. J. Frost Award for outstanding contribution to the development of Technical Analysis.
• Recipient of an Honorary Lifetime Membership in the Canadian Society of Technical Analysts “For recognition of special services to the Society”.
• Developer of the “Meisels Index”, an overbought/oversold indicator based on daily closings. It is featured on the Metastock system.
Trevor Neil, MSTA MCSI
International Advisor
Trevor Neil, MSTA MCSI
International Advisor
Trevor Neil is Founder, Director and Technical Analyst of Behavioural Economics and Technical Analysis Group (BETA Group) in Royal Tunbridge Wells, Kent, UK and has been a trader since he started work on the floor of the London Coffee Exchange in 1975.. Moving off the floor to become a broker, he became interested in technical analysis. This was the time charting was moving off graph paper onto computers. When the LIFFE market opened in London, he moved to trading financial futures and later into foreign exchange and equities. He moved firms, changing jobs into fund manager and technical analyst.
He returned to the floor of LIFFE for a year in 1997 in the Bund pit. In 1999 he became Head of Technical Analysis at Bloomberg where he worked on improving the charting on the platform and promoting its use as a technical analysis tool and new functions like DeMark studies. In 2003, missing the markets, he formed a hedge fund with a colleague and moved to South Africa.
He returned to the UK in 2004 and formed BETA Group (www.betagroup.co.uk) which offers technical analysis consultancy. It offers market timing skills training for dealers, trader mentoring, system development consultancy. He is in partnership with Julius DeKampenaer in Relative Rotation Graphs, a popular new function on Bloomberg. With Catalin Plapacianu, he has developed a number of original indicators, the first of which, TNCP Triangulation will be released on Bloomberg in July 2011.
Trevor has given free monthly technical analysis webinars for Thomson Reuters for over three years. He is an Associate Editor of The Technical Analyst magazine and a member of the Chartered Securities Institute. He has been a member of the Society of Technical Analysts (STA) since its inception where he served on its Board for 10 years.
Alex Spiroglou, CFTe, MSTA
International Advisor
Alex Spiroglou, CFTe, MSTA
International Advisor
Alex Spiroglou, CFTe, MSTA is an Investment Manager for Odin Capital Management, a FSA regulated global macro investment management firm. Additionally to managing firm assets, he also designed the “Hedge Fund Trader Incubation Program” (the firm’s “turtle trader” project that trains aspiring junior traders), including the Training Course.
Before joining Odin he spent two years at a London based Proprietary trading Group , trading futures across all asset classes.
Previously, he was with Ulysses Global Macro Hedge Fund and Energon Capital Finance in Greece. Alex began his career doing advisory proftfolio management in one of the largest brokers Greece in 1998.
Alex has been researching and developing cross asset (intermarket) trading strategies. He has created an extensive database of cross asset relationships and proprietary Cross Market Indicators (CMIs), that aim at locating directional clues or identifying the relative attractiveness of a “target market” through the study of linkages and activity between allied symptomatic markets.
Alex holds a Bsc in Banking and International Finance from Cass Business School in London. He holds the Certified Financial Technician (CFTe) designation from the International Federation of Technical Analysts (IFTA), the Diploma of Technical Analysis (DipTA-ATAA) from the Australian Technical Analysts Association (ATAA), has a full member designation of the Society of Technical Analysts, UK (MSTA), the Investment Management Certificate (IMC) from the UK Society of Investment Professionals.
Alex is the founding chairman of the UK chapter of the Market Technicians Association, Inc. (MTA).