Bruce Fraser

Bruce Fraser is one of the old dogs of the TSAA. He has served as President, Chairman, and board member of the organization. In the last sixteen years, he has taught various graduate courses on Technical Analysis at Golden Gate University. With Hank Pruden, he co-founded the Wyckoff Course and most recently taught the Strategy and Implementation Course.

In his professional life, he co-founded the Pring-Turner Group with Joe Turner and Martin Pring. As portfolio managers, their research emphasis was on business cycles and industry group analysis.

During the past three years, Fraser has been holed up in a remote location as a private trader proving that one can trade on the Internet using a dial-up connection.

Hank has flushed him out of his hole to give a talk on Industry Group Analysis. In this talk, Fraser will reveal the secret jewels of the Pring-Turner Capital Group. These are methods for exposing industry groups poised to emerge into long-term uptrends and downtrends. Techniques for determining the inflection point when groups are ready to enter one- to three-year trends will be explored. Topics for discussion include: trend analysis, moving averages, rates of change, relative strength (and weakness) and group rotation (through the business cycle).