OPENING POSITION

August 1999 

A sign of our changing times can be seen in the STOCKS & COMMODITIES feature this month by Dennis Meyers, "IBM, Cubed." A regular and valued contributor, Meyers as a rule focuses on futures. This month, though, he writes about stock trading and concentrates on IBM. The method he presents is a variation of the one detailed in his November 1998 S&C article, "The British Pound, Cubed." Meyers is highly experienced and competent in many areas, not the least of which is system development, and the system heÕs detailed for trading IBM shows promising results. But as always, you will need to judge that for yourself.

Well, here's another sign of the changing times: It's time for me to step down. I began working at this magazine, first as Technical Editor and then as Editor, more than nine years ago. Everybody needs a change, to start something fresh, and that time has come for me. This has been a great experience for me, and I want to say thanks to all of the authors who have chosen to work with me and my staff putting together Technical Analysis of STOCKS & COMMODITIES and making it the premier magazine of trading and technical analysis. There are simply too many relationships to thank individually after all these years, but certainly working with you all has made my time here rewarding and educational. We have grown together, and I hope it's been a good experience for you as well.

For many of you new readers, you may not realize how much the trading and technical analysis industry has grown and changed in just the time I've been here. Fifteen years ago, we had to use a quote monitor, calculators, and paper charts to track the markets and our indicators. When the first technical analysis software came out, we traders were excited to draw trendlines and moving averages! Times have really changed, and our magazine has changed as well, through the efforts of everyone who gather together to produce the magazine you hold in your hands today.

Many of you may not be familiar with the talent behind publishing S&C, but to me, they have been key in allowing me to teach you the ideas and concepts that, hopefully, have added to your bottom line. First off, there's Christine Morrison, our Art Director, who lays out the magazine and procures the fascinating and thought-provoking art that graces these pages. Then there's Elizabeth Flynn, our Copy Editor, who makes everything readable. Next is Karen Wasserman, my Assistant Editor; every editor needs someone who is a jack-of-all-trades, someone to bounce ideas off of and to tie those loose ends up when necessary. That's Karen. John Sweeney, our Technical Editor, does all of our in-depth reviews. Stuart Evens, Staff Writer, whose work you will be seeing a lot more of. Bruce Faber, Staff Writer, who does a lot of the behind-the-scenes work. For great graphics, we can thank Production Assistants Jay Milton and Sharon Yamanaka, also important behind-the-scenes people, and without whom there would be few graphs and charts. To all of them, I say thanks for making this product for you, our readers.

I wish everyone the best of luck. And of course, Trade well!


Thom Hartle, Editor 


Return to August 1999 Contents