| MAY 1995
Exploring the Science of Technical Analysis: Thomas R. DeMark by Thom Hartle
Interview: Thomas R. DeMark by Thom Hartle Thomas R. DeMark has been called ""the ultimate indicator and systems guy"" with the publication of his well-received book, The New Science of Technical Analysis. Who is he and what has he done that deserves such accolades? Stocks & Commodities interviewed DeMark about his trading philosophies and how he explored the frontiers of technical analysis using basic techniques. Q: When did you first get interested in the markets? A: I first got interested when I was a junior in college and a professor I admired introduced me to the markets. Then, after college I went on to law school, then graduate school for business. It was during a summer job during my business school days that I was introduced to technical analysis. Q: Did you start out with an interest in fundamental analysis and then shift toward a technical approach? A: Not really. It's just my nature to always be looking for something more than just what other people are doing. Technical analysis was not a part of the academic forum. I was very intrigued that there could be another level of market analysis that was not being discussed at an academic level. Q: What did you do after graduate school? Did you pursue your interest in technical analysis then? A: I accepted a position with a money management firm. It didn't pay as well as other opportunities I was offered, but it was a job with a very progressive company. Q: How was it progressive? A: The president of the company was a visionary. He anticipated the growth in the pension business and the need for risk management. In 1970, we had $200 million under management. If you recall, the 1970s were a tough time in the stock market. We moved our accounts out of the stock market in the early 1970s and managed to miss the bear market. That enhanced our reputation, and the amount of money we had under management climbed to more than $4 billion. We were the go-go boys of the 1970s.
by Thom Hartle
Technical Analysis of STOCKS & COMMODITIES
The Traders’ Magazine since 1982
has had over 1,226,237 subscribers from 174 different countries.
37,000 Page Traders’ Archive for $89.99
To continue reading, sign-up for trial access to Traders.com and the S&C Archive — 37,000 pages of trading ideas!
After verifying your email address, you will have limited access to the S&C Archive, as well as access to a Digital Edition of S&C, and access to Traders.com Advantage and Working Money for 30 days.
Not a subscriber to Technical Analysis of
STOCKS & COMMODITIES magazine?
Click
here to subscribe, or request
a trial subscription.
Log-in now to view articles from the S&C Archive.
Your Subscriber ID is located at the top of your magazine label, highlighted here in red.
Your last name can be found on the second line, highlighted here in blue.
*If you have a company name on the label, that can also be used. It will appear below your name on the label.
If you do not have a Subscriber ID on your label, you can find it on your statement or renewal form.
For help locating your Subscriber ID number, please call us at 1-800-832-4642 or send an email to Survey@Traders.com. If sending an email, please include your name and mailing address.