TSAASF/GGU Finance Club Presents: Richard Lehman, Finance & Derivatives Instructor

Speaker:  Richard Lehman

                Finance & Derivatives Instructor, UC Berkeley Extension

Topic:

A Chartist’s Epiphany: Trend Channels are Ubiquitous

(and they may provide big clues to understanding how human behavior affects financial markets.)

Content drawn from new book: Far From Random – Using Investor Behavior and Trend Analysis to Forecast Market Movement  (Bloomberg Press, November 2009)

Date: September 30th, 2009. 4PM-6PM.

Location: Room 3211 Golden Gate University, 536 Mission Street, SF

Costs:  Free for GGU students, $10 for TSAAF members, $25 for non members. Fees payable at the door.

Highlights:    

A more liberal notion of trend channels breathes new life into a formerly sporadic technical tool

The new view of trend channels suggests that broad markets trend continually

If the broad markets are systematically trending, then we can link their existence to systematic market forces

Behavioral factors may account for the systematic market forces that cause markets to trend

Hence, trend channels may offer a link between market price action and behavioral market forces

Financial and psychological research have much to explore together

Author: 

Thirty-three years in the financial industry

Twelve years on Wall Street with E.F. Hutton and the NYSE

Served as in-house options expert and used TA to develop strategies for financial advisors and clients

First book:

New Insights on Covered Call Writing (Bloomberg Press 2003)

Advised manager of two mutual funds on covered call writing

Six years teaching at UC Berkeley Extension (Finance and Options courses)

Publish free public charts on stockcharts.com under the name Trend Channel Magic (New web site coming: TrendChannelMagic.com)

BS Engineering, Rensselaer Polytech

MBA Finance, State of New York at Albany