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February 2005: China
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Market Technicians Association Retreat

Market Technicians Association Retreat

Every few years I have been fortunate enough to be invited to join an especially stimulating group of professionals. Last month it was the Market Technician’s Association Retreat in San Diego.

Market Technicians are those who utilize charts, graphs and indicators to analyze investment price movement rather than simply predicting what the market ought to be doing based upon earnings, valuations, etc.

Being the first MTA Retreat it was not well publicized and I found myself one of only 40 money managers there, and in the company of many industry legends. At lunch I sat with Richard Russell who has been writing the Dow Theory Letters daily for almost 50 years. Richard is an icon in the business whose opinion I respect greatly.

I spent one-on-one time with Ralph Acompora, head analyst for Prudential. Also with the head of research for Morgan Stanley, the managing director of research for the New York Stock Exchange, MIT’s visiting professor for Market Research and more. Most of these men have written books or are the subject of them. I felt like the runt of the litter sometimes.

But, oh did I get some great insights that will benefit my clients.

Stay tuned.

February 2005 

Will Hepburn, CFP is a private investment manager who specializes in active investment strategies. He owns the Prescott Center for Adaptive Market Strategies, and is President of Hepburn Capital Management, LLC, a Registered Investment Advisor. He may be reached at 2069 Willow Creek Road in Prescott, AZ or by calling (928) 778-4000 or emailing This e-mail address is being protected from spam bots, you need JavaScript enabled to view it

Copyright 2004. Permission to copy granted given the above attribution is included.

The information contained in this newsletter is derived from sources believed to be accurate. You should discuss any legal, tax, or financial matters with the appropriate professional. Neither the information presented nor any opinion expressed constitutes a solicitation for purchase or sale or any security.