Volume 12
Issue 3
The New Curriculum Has Arrived!
ThenewcustomcurriculumofferedbyWileyPublishingisnowavailableforpurchase.Ithasbeenalongprocessto
identifyandcreatethesenewbooks,buttheworkandwaithaspaidoff.Forthecurrentadministrationstestdates,
October1517,2015,thecurriculumcannowbeaccessedonlineasthesebooksareavailableonlythroughthe
VitalSourceplatform,thebookscanalsobeprintedout,achapteratatime,onanyregularprinter.Formore
informationandtopurchasethebooks,clickhere:http://www.wiley.com/go/cmt
LevelITableofContents
Chapter 1 Introduction to the Evolution of Technical Analysis
Chapter 29 Managing versus Forecasting
Chapter 2 A New Age for Technical Analysis
Chapter 30 Charting
Chapter 3 Technical Analysis Today
Chapter 31 Support and Resistance
Chapter 4 Brief History of Randomness & Efficient Markets
Chapter 32 Trends and Trading Ranges
Chapter 5 Academic Approaches to Technical Analysis
Chapter 33 Introduction to the Wave Principle
Chapter 6 The New HighNew Low Index
Chapter 34 The Anatomy of Elliott Wave Trading
Chapter 7 Stocks above 50-Day MA
Chapter 35 What Is the Efficient Market Hypothesis?
Chapter 8 Other Stock Market Indicators
Chapter 36 The EMH and the Market Model
Chapter 9 Consensus and Commitment Indicators
Chapter 37 The Forerunners to Behavioral Finance
Chapter 10 Basic Candlestick Charting
Chapter 38 Noise Traders and the Law of One Price
Chapter 11-15 Basic Indicators Reference
Chapter 39 Noise Traders as Technical Traders
Chapter 16 (Markets) Overview
Chapter 40 Being Right or Making Money
Chapter 17 Government
Chapter 41 The ModelBuilding Process
Chapter 18 Companies
Chapter 42 Understanding Chart Patterns
Chapter 19 Hard Assets
Chapter 43 Understanding Chart Pattern Breaks
Chapter 20 Indexes
Chapter 44 Triangles, Pennants, and Flags
Chapter 21 Technical Analysis as a Science
Chapter 45 Tops and Bottoms
Chapter 22 Objective Rules and Their Evaluation
Chapter 46 Head-and-Shoulders Patterns
Chapter 23 Point-and-Figure Charting
Chapter 47 Understanding Implied Volatility
Chapter 24 What Is Price?
Chapter 48 About the VIX Index
Chapter 25 What Is the Market?
Chapter 49 Basic Concepts and Calculations
Chapter 26 The Trading Scene
Chapter 50 Seasonality and Calendar Patterns
Chapter 27 The Market Crowd and You
Chapter 51 Relative Strength as a Criterion for
Chapter 28 Psychology of Trends
Investment Selection
LevelIITableofContents
Chapter 1 Understanding Implied Volatility
Chapter 21 Time
Chapter 2 About the VIX Index
Chapter 22 Trading Timeframes
Chapter 3 Intermarket Analysis
Chapter 23 The New High New Low Index
Chapter 4 Correlation
Chapter 24 Stocks above 50-Day MA
Chapter 5 Perspectives on Active and Passive
Chapter 25 Other Stock Market Indicators
Money Management
Chapter 26 Consensus and Commitment Indicators
Chapter 6 Understanding Chart Patterns
Chapter 27 Regression Analysis
Chapter 7 Understanding Chart Pattern Breaks
Chapter 28 Time-Based Trend Calculations
Chapter 8 Triangles, Pennants, and Flags
Chapter 29 Trend Systems
Chapter 9 Tops and Bottoms
Chapter 30 Momentum and Oscillators
Chapter 10 Head-and-Shoulders Patterns
Chapter 31 Seasonality and Calendar Patterns
Chapter 11 Computers in Trading
Chapter 32 Cycle Analysis
Chapter 12 Moving Averages
Chapter 33 Volume, Open Interest, and Breadth
Chapter 13 Moving Average Convergence-Divergence:
Chapter 34 The Scientific Method and Technical Analysis
MACD Lines and MACD-Histogram
Chapter 35 Theories of Nonrandom Price Motion
Chapter 14 The Directional System
Chapter 36 Case Study of Rule Data Mining for the S&P 500
Chapter 15 Oscillators
Chapter 37 Prospect Theory
Chapter 16 Stochastic
Chapter 38 Perception Biases
Chapter 17 Relative Strength Index
Chapter 39 Inertial Effects
Chapter 18 Volume
Chapter 40 Relative Strength Strategies for Investing
Chapter 19 Volume-Based Indicators
Chapter 41 Risk Control
Chapter 20 Open Interest
LevelIIITableofContents
Chapter 1 Triple Screen Trading System
Chapter 14 International Indices and Commodities
Chapter 2 Spreads and Arbitrage
Chapter 15 The S&P 500
Chapter 3 Behavioral Techniques
Chapter 16 European Indices
Chapter 4 Pattern Recognition
Chapter 17 Gold
Chapter 5 Day Trading
Chapter 18 Intraday Correlations
Chapter 6 Adaptive Techniques
Chapter 19 Intermarket Indicators
Chapter 7 Price Distribution Systems
Chapter 20 Everything Is Relative Strength Is Everything
Chapter 8 Multiple Time Frames
Chapter 21 Analyzing the Macro-Finance Environment
Chapter 9 Advanced Techniques
Chapter 22 Portfolio Risk and Performance Attribution
Chapter 10 System Testing
Chapter 23 Hypothesis Tests and Confidence Intervals
Chapter 11 Practical Considerations
Chapter 24 Data-Mining Bias
Chapter 12 Risk Control
Chapter 25 Causality and Statistics
Chapter 13 Regression
Chapter 26 Illusions
Chapter 27 The Story Is the Thing
Chapter 44 Three Outside Up
Chapter 28 Are Two Heads Better Than One?
Chapter 45 Two Black Gapping Candles
Chapter 29 The Anatomy of a Bubble
Chapter 46 Window, Falling
Chapter 30 De-Bubbling: Alpha Generation
Chapter 47 Window, Rising
Chapter 31 The VIX as a Stock Market Indicator
Chapter 48 Dead-Cat Bounce
Chapter 32 Hedging with VIX Derivatives
Chapter 49 Dead-Cat Bounce, Inverted
Chapter 33 Introduction to Candlestick Charts
Chapter 50 Earnings Surprise, Bad
Chapter 34 Findings
Chapter 51 Earnings Surprise, Good
Chapter 35 Statistics Summary
Chapter 52 FDA Drug Approvals
Chapter 36 Above the Stomach
Chapter 53 Flag, Earnings
Chapter 37 Deliberation
Chapter 54 Same-Store Sales, Bad
Chapter 38 Doji Star, Bearish
Chapter 55 Same-Store Sales, Good
Chapter 39 Engulfing, Bearish
Chapter 56 Stock Downgrades
Chapter 40 Engulfing, Bullish
Chapter 57 Stock Upgrades
Chapter 41 Last Engulfing Bottom
Chapter 58 Statistics Summary
Chapter 42 Last Engulfing Top
Chapter 59 Fact, Fiction, and Momentum Investing
Chapter 43 Three Outside Down
TheLevelIIIexamisgivenonThursday,October15.AsusualschedulingatPrometricisbasedonafirstcome,first
servedbasis,soitishelpfultosignupearly,especiallyforLevelIII.Ifyouneedassistancewithregisteringfortheexam
orschedulingatPrometric,[email protected].
Nowisthetimetobeginyourstudyifyouhaventalready.Thereisstillplentyoftimetocompleteyourstudiesbefore
theOctoberexam.Considerthefollowingestimatesbasedonreadingataspeedoftwohundredwordsperminute
(consideredanaveragereadingspeed)whichwilltranslateintotwominutesandtwentysecondsperpageforthose
pagesinthesetextsthatarefulltextwithoutgraphics.Theseestimatesdonotincludethefrontmatterpagesnor
referencepages,sothecurriculumsizeisslightysmallerthantheactualpagecount.
Exam
Curriculumsize
Readinghoursforfullpages
EstimatedActualtime
LevelI
~700pages
28hours
20hours
LevelII
~850pages
34hours
27hours
LevelIII
~1200pages
47hours
36hours
Multiplyingthenumberofpagesbyacertainnumberofminutesperpagemaynotbethemostaccurateforecastfor
howmuchtimeitwilltakeyoutoreadthroughthematerial.Forsomepeoplethatmightbewhatisrequired,butmost
willfindthattheycandothisinlesstime.Herearethreereasonswhy:
1. Notallpagesareexclusivelyfulloftext.
Thetestdatesfor2015areOctober1517.
Timetostartstudyinginearnest!
Manypagesfeaturegraphicsortables
thataremeantforreferenceandwont
requireasmuchtimetostudy.
2. Thebookismeanttobeusedfor
referencestudy,notsomuchforcover
tocoverreading.
Theselectedreadingsarefromavariety
oftexts.Eachreadingischosento
addresstheknowledgeandskill
requirementsidentifiedintherecent
JobAnalysisanddescribedbythe
learningobjectives.Assuchyoumay
notneedtoreadtheentirechapteror
eventheentirebookbeforegainingthe
comprehensionyouneedtofulfilla
givenlearningobjective.
3. Manyideasinthebookarenotnewtoexperiencedcandidates.
Ifyouhavebeenworkingwithtechnicalanalysis,thereisachancethatyouhavereadsomeofthesebooksbefore,
orperhapsyouvelearnedsomeofwhatisinthemalready.Webelievethatsomewillfindtheyareabletocoverthe
readingmaterialinabouthalfthetimeestimatedforfulltextpages.Basedonthisrationale,andthefactthatsome
peoplereadfasterthanothers,wehaveprovidedarevisedestimateforwhatweexpecttheaveragecandidatewill
findtheirreadingtimetobe.Yourexperiencemayvary.
Upcoming Curriculum Webinars
DontmisstheupcomingeducationalwebinarspresentedbyGordonScott,CMT,ManagingDirectoroftheCMT
Program.GordonwillpresentonthenewCMTcurriculum.Thewebinarswillbeheldat12:00PMETonAugust11th,12th
and13th.Ifyouareunabletoattendthelivepresentation,theywillberecordedandyoucanwatchthematyour
convenience.Thesepresentationswillgiveyoualookatthecurriculumanditsplatform.Ifyouhaveyettopurchasethe
books,youllbeabletoseethemontheirplatformandgetalookatthematerialbeforeyouacquirethem.
Thepresentationsarecurrentlyfeaturedonthefrontpageofthemta.orghomepage,titledasCMTLevel[1,2,3]
Overview,andwillanswerthefollowingquestions:
WhydidtheCMTprogramneedanewcurriculum?
Howwerethecurrentreadingsselectedforthenewcurriculum?
Whydidtheprocessleadtodelaysforthecurriculum?
Isthecurrentcurriculumreallyanybetterthantheold?
Isthecurrentcurriculumlargerthantheoldreadinglist?
Howlongwillittakemetostudyfortheexamsbasedonthenewcurriculum?
Doesthenewcurriculumcomewithsampleexams?
HowdoIusethenewlearningobjectivestostudyeffectivelyfortheexams?
HowcanIfindenoughstudytimebeforethetestdatetoactuallyhaveachancetopasstheexam?
Willtheexamsbesignificantlyhardertopass?
WhatareascanIskipinmystudy?
CanIprintoutthiscurriculum?
WhatthingsshouldIbelookingforwithinthisnewcurriculum?
Willthisnewcurriculumjusthelpmepassanexamorwillitteachmesomethinguseful?
ArethereanytipsortechniquesIcanusetoimprovemystudy?
Thispresentationwillbetheplaceforyoutogetyourquestionsansweredaboutthenewcurriculumespecially
questionsyouhaventheardaskedoransweredbefore.Ifyoucannotattendthepresentationwhileitisbeingdelivered
live,youcanemailyourquestionsinaheadoftime.EmailallquestionstoGordonScott([email protected]).
Besuretoregisterforthesepresentationsrightaway.
CMTLevelIOverview,CMTLevelIIOverview,CMTLevelIIIOverview
The New Ethics Questions:
Adopting the CFA Standards
TheMTArecentlylicensedtheCFAInstituteStandardsofPracticeHandbook.ThislicenseallowsMTAmembersto
accessthedetailedstandardsdevelopedbytheCFAInstituteovermanyyears.TheHandbookcouldserveasaguideto
bestpracticesforfinanceprofessionals.
Asanexample,undertheStandardsofProfessionalConduct,membersowecertaindutiestoclients.Theseduties
include:Loyalty,Prudence,andcare;Fairdealing;Suitability;Fairaccurate,andCompleteperformancepresentation;
andPreservationofconfidentiality.TheStandardsofPracticeHandbookprovidesadditionaldetailsonthemeaningof
theseduties,casestudiestoassistinunderstandingandstudyingthestandardsandexamplesthatclarifyhowto
implementthestandardsonthejob.Membersalsoowecertaindutiestoemployers.
Thesedutiesinclude:
Loyalty
Disclosureofadditionalcompensationarrangementsandtheavoidanceofaconflictofinterestunder
anyadditionalcompensationagreement
Aresponsibilitytomakereasonableeffortstodetectandpreventviolationsoflaws,regulationsand
ethicalstandardsbyanyoneundertheirsupervision.
Theseresponsibilitiestoclientsandemployersareindependentofeachotherbuttheycanalsoberelatedtoeachother.
Expandingonthedutytopreserveclientconfidentiality,theHandbookexplainsmembersmustkeepinformationabout
current,former,andprospectiveclientsconfidentialunless:
(1)Theinformationconcernsillegalactivitiesonthepartoftheclient
(2)Disclosureisrequiredbylaw
(3)Theclientorprospectiveclientpermitsdisclosureoftheinformation
Evenwellintentioneddisclosureswouldviolatethestandard.Forexample,amembermightbeaninvestmentadviser
whoreceivesacallfromaclientsayinghisaccountantrecommendsmakinga$50,000charitabledonationtoreduce
incometaxes.Theclientisseekinghelpidentifyingsecuritiesthatcouldbesoldtomaximizethetaxbenefit.Now,
supposetheadviserisontheboardofdirectorsofanonprofitorganizationworkingtoreducehomelessnessinherlocal
community.Sheknowsthenonprofitorganizationcouldbenefitfromagiftof$50,000andconsiderscallingthe
organizationsdevelopmentdirectorwithasuggestiontosolicitagiftfromherclient.Thatwouldbeaviolationofthe
StandardsofProfessionalConductbecausethememberwouldberevealingconfidentialclientinformation.Thereisno
exceptiontotheStandardforcharitablecauses.
Membersalsoneedtorespectclientconfidentialitywhenswitchingjobs.Rememberthatmembersoweadutyofloyalty
totheiremployers.Considerthecaseofamemberwhoisleavingonefirmtopursueasimilaropportunityatanother
firm.Beforeleavinghercurrentposition,themembercannotsolicitclientstobecomecustomersofhernewfirm.She
cannotsolicitprospectivecustomerseitherbecausethatwouldviolatetheStandardrequiringhertoactwithloyaltyto
heremployersinterests.
Solicitingcurrentandprospectiveclientspriortoleavingapositionforanewoneisunethicalandaviolationofthe
Standards.But,whataboutafteryoustartthatnewjob?Isitethicaltocontactformerclientsthatyouknowwellto
requesttheybecomecustomersofyournewfirm?Clientrecordsarethepropertyofthefirm.Contactingformerclients
throughclientlistsorotherinformationtakenfromaformeremployerwouldbeaviolationofthestandardrequiring
loyaltytoyouremployer.However,itispossibleundersomeconditionstosolicitformerclientswithoutviolatingthe
StandardsofProfessionalConduct.
TheStandardsofPracticeHandbookexplains:Simpleknowledgeofthenamesandexistenceofformerclientsisnot
confidentialinformation,justasskillsorexperiencethatanemployeeobtainswhileemployedarenotconfidentialor
privilegedinformation.TheCodeandStandardsdonotimposeaprohibitionontheuseofexperienceorknowledge
gainedatoneemployerfrombeingusedatanotheremployer.TheCodeandStandardsalsodonotprohibitformer
employeesfromcontactingclientsoftheirpreviousfirm,intheabsenceofanoncompetitionagreement.Membersand
candidatesarefreetousepublicinformationabouttheirformerfirmafterdepartingtocontactformerclientswithout
violatingStandardIV(A),DutiestoEmployers:Loyalty.
Thebottomlineis,intheabsenceofanoncompetitionagreement,aslongasthemembermaintainsherdutytoloyalty
toherformeremployer,doesnottakestepstosolicitclientspriortoleavingherformeremployer,anddoesnotmake
useofmaterialfromtheformeremployerwithoutitspermissionafterleavingthereisnoviolationoftheCodeand
Standards.Thisexampleillustrateshowethicsareapracticalproblemformemberstoconsider.Theexamplealso
illustratesthevalueoftheresourcesprovidedundertherecentlicensingagreement.
YoucandownloadacopyofthelatesteditionoftheStandardsofPracticeHandbookbyclickinghere.
Michael,Carr,CMT."TheNewEthicsQuestionsAdoptingtheCFAStandards."
TechnicallySpeakingJuly2015
Ethics Video Resource:
Michael Carr, CMT
Thenewethicsguidelinesmaygivecandidatesacaseofnervousnessregardingthenewstandardsinformationthey
mayfearitisawholenewareatheymuststudyandthattherearelotsofreadingsnecessarytomasterthenew
StandardsandPracticesinformation.Forthosewhoworry,listeningtoafewminutesofMichaelCarr,CMT,speakabout
thenewstandardswillputyourmindatrest.Theexamquestionswillnotrequireanymorethanacommonsense
understandingofthebasictextintheCFAStandardsandPracticesHandbook,Mikerecentlyexplainedinhiswebinaron
thesubject.
Inthispresentation,Mikeexplainswhythischangewasneeded.IronicallyitseemsthattheMTAmemberswerevictims
oftheirownsuccess.MikepointsoutthatbecauseoftheMTAmembership'shighstandardsofbehavior,oneweakness
oftheprogramhasbeenalackofcasestudies.ThiswasonereasontheMTArecentlylicensedtheCFAInstitute'sCode
ofEthicsandStandardsofProfessionalConduct.
MikewaspartoftheethicscommitteethatextensivelyresearchedandreviewedtheCFAstandards.Theycametothe
conclusionthatitwouldofgreatbenefitforourassociationtoadoptthesestandards.Amongotherreasons,itwasclear
thatthestandardsweremuchmorethoroughlyreviewedandvettedbyalargenumberofpeople,andcontinually
updatedbasedonrecentlegaldecisions.Mikeexplainedthisandmanyotherimportantdetailsinhismessageonthe
recentvideodiscussion.
Clickheretoviewhisrecentwebinarpresentation:
http://media.mta.org/videos/2015/cmt/ethics/ethics.html
Level I and II Exam Focus:
Ethics Questions
LevelIandIIsampleEthicsquestions:
Inadditiontothepreviousstyleofethicsquestions,manyofwhicharestillapplicableunderthenewstandards,
questionsmayfeaturemorescenariospecificinformation.Thesescenariosarelikelytoberelatedtoobvioustrouble
spotsknowntogeneratequeriesfromfinancialpractitioners.Considerthefollowingexamples.
LevelIPracticeQuestion
DavidJohnson,asenioranalystwithabrokeragefirm,decidestochangehisrecommendationforthecommonstockof
PigeonIndustries,Inc.fromabuytoasell.Thischangeininvestmentadviceismailedtoallthefirmsclientson
Wednesday.Nextday,aclientcallsinwithabuyorderfor500sharesofPigeonIndustries,Inc.Inthiscircumstance,
Johnsonshould:
A. Accepttheorder.
B. Advisethecustomerofthechangeinrecommendationafteracceptingtheorder.
C. Advisethecustomerofthechangeinrecommendationbeforeacceptingtheorder.
D. Notaccepttheorderbecauseitiscontrarytothefirmsrecommendation.
AnswerforLevelIPracticeQuestion:
Correctanswer:C
Advisethecustomerofthechangeinrecommendationbeforeacceptingtheorder.
ThisquestioninvolvesStandardIII(B)FairDealing.
Reference:CodeofEthicsandStandardsofProfessionalConduct
LevelIIPracticeQuestion
Themosaictheoryholdsthatananalyst:
A. ViolatestheCodeandStandardsiftheanalystfailstohaveknowledgeofandcomplywiththeapplicablelaws.
B. Canusematerialpublicinformationandnonmaterialnonpublicinformationintheanalystsanalysis.
C. Shoulduseallavailableandrelevantinformationinsupportofaninvestmentrecommendation.
D. Canusematerialandnonmaterialnonpublicinformationintheanalystsanalysis.
AnswerforLevelIIPracticeQuestion:
Correctanswer:B
Canusematerialpublicinformationandnonmaterialnonpublicinformationintheanalystsanalysis.
ThisquestioninvolvesStandardII(A)MaterialNonpublicInformation.
Reference:CodeofEthicsandStandardsofProfessionalConduct
LevelIIIPracticeQuestion
AlyssaNewmark,CMTisaninvestmentadvisorandtechnicalanalystforhighnetworthclients.Aclientwithan
aggressiveriskprofileinhisinvestmentpolicystatementasksaboutinvestingintheTopShelfhedgefund.Thisfund,
basedinGreenwich,Connecticut,hasreported20%returnsforthefirstthreeyears.Thefundprospectusstatesthatits
strategyinvolveslongandshortpositionsintheenergysectorusingextensiveleveragewithoptions.Basedonher
overallfusionanalysisusingafundamentalandtechnicalexaminationofthefundsfinancialholdings,trackrecord,the
principalsinvolvedinmanagingthefund,thefeescharged,andthefundsriskprofile,Newmarkrecommendsthefund
totheclientandsecuresapositioninit.Thenextweek,thefundannouncesthatithassufferedalossof65%ofits
valueandissuspendingoperationsandredemptionsuntilafteraregulatoryreview.Newmarksclientcallshimina
panicandasksforanexplanation.
Giventhisinformation,whichofthefollowingstatementsismostcorrect?(2points)
A. NewmarksactionswereconsistentwithStandardV(A)asheranalysisofaninvestmentthatresultsina
reasonablebasisforherrecommendationdoesnotguaranteethattheinvestmenthasnodownsiderisk.
B. Newmarksactionswerenotlegitimatehasheranalysisofthisinvestmentisunfavorablybiasedduetoa
lackoffundamentalandtechnicalanalysis.
C. Newmarksactionswerelegitimateasshedidnothavetodiscussthematterwithherclientastherewas
limitedriskwiththisinvestment.
D. NewmarksactionswereinconsistentwithStandardV(A).
AnswerforLevelIIIPracticeQuestion:
Correctanswer:A
NewmarksactionswereconsistentwithStandardV(A).Analysisofaninvestmentthatresultsinareasonablebasisfor
recommendationdoesnotguaranteethattheinvestmenthasnodownsiderisk.
Comment:Newmarkshoulddiscusstheanalysisprocesswiththeclientwhileremindinghimorherthatpast
performancedoesnotleadtoguaranteedfuturegainsandthatlossesinanaggressiveinvestmentportfolioshouldbe
expected.(e.g.SuccessfulDueDiligence/FailedInvestment).
AreyoulookingforserioushelptopreparefortheCMTLevelIexam?
Clickherefordetails:http://cmtexam.nyif.com/
WhenyouregisterfortheCMTLevelIExamyouareembarkingonajourneytoreceiveoneoftheworld'smost
prestigiousinvestmentcertifications,fromtheorganizationthatpioneeredthedisciplineofTechnicalAnalysis.Tomake
sureyoupasstheexam,TheNewYorkInstituteofFinanceisofferingaoneofakindOnlinePrepProgram.Whenit
comestostudyingfortheCMTExam,it'snotjustaboutstudyinghard,butstudyingsmart.EnrollintheNYIFPrep
Program,andwe'llmakesureyoudoboth!Clickhereformoreinformation.
Video Resources
EDUCATIONALWEBINARSERIESFROMTHEARCHIVES
TheMTAspopularEducationalWebinarSeriesconductedlastyearhaspresentationswhichmayhelpyouinyourstudy
fortheexams.Severalofthemarestillrelevantdespitethecurriculumchange,andmorerecentwebinarshavealso
focusedontopicsnewtotheexam.Therecordingsofthesewebinarsarelocatedintheondemandarchives.
Thesevideosarehelpfulbecausetheywillfocusyourattentionontheapplicationofthetopicathand.Thiswillgiveyou
anideaofthekindofissuesembeddedinthequestionsoftheexam.Whilethesepresentersarenottalkingspecifically
aboutexamquestions,theyaredemonstratingtheapplicationoftheprinciplesyouarereadingabout.Thisis
particularlyusefulinsightforlevelIIandlevelIIIstylequestions.
Hereisalistofspecificlinksforthesepresentations:
TrendandReversionIndicatorsWillGeisdorf,CMT
MarketRiskCynthiaCase,CMT
Quantitative,StatisticalAnalysisMeravOvair,CQM
BehavioralFinanceLarryBerman,CMT
RiskManagementCharlieKirkpatrick,CMT
PricePatternsCharlesBasseti,CMT
TechnicalAnalysisBasicsMartinPring,CMT
Volume,OpenInterestandBreadthPerryKaufmann,CMT
PointandFigureCharting(LevelsIandII)JeremyDuPlessis,CMT,FSTA
ElliottWave(LevelsIandII)WayneGorman,CMT
AssetAllocation(LevelsIIandIII)MebaneFaber,CMT
CyclesConnieBrown,CMT
SelectionandDecisionusingRRGs(LevelIII)MatthewVerdouw,CMT
