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Search www.streetjobs.com for CMT.....result ? NO HITS
Search www.monster.com for "market technician"....result ? One Hit, $35k
salary per year plus bonus, forex
Search www.monster.com for "CMT" using "Finance/Economics" "Financial
Services" categories...result ? Two hits
I rest my case.
> -----Original Message-----
> From: Riccardo [mailto:riccardo@xxxxxxxxxxxxxxxxxxxxxx]
> Sent: Friday, February 18, 2005 2:56 PM
> To: 'Omega-List'
> Subject: FW: Salomon Smith Barney Technical Analysis is gone
>
>
>
> Saying CMT is worthless is wrong. There are many people out there (not
> me) with a CMT that are excellent traders and analysts.
>
> You can have a bad technician with CMT... So what?
>
> You get each day CTAs CFAs that are utter crap and the certification is
> still highly regarded nevertheless. I personally know many PMs with
> plenty of certifications but I would not trust them with £10! Each time
> a CEO is fired for abuse, stealing money etc this does not mean that all
> the certifications he got or worse the REGULATIONS are rubbish because
> one is a criminal CEO.
>
> So Series 86 17 etc are crap when you have some one losing money or
> laundering money etc
>
> Mark really you are quite wrong.
>
> Do not confuse a certificate with the ability/professionality of a
> person.
>
> What about the CFA after Grubman and Blodgett and Abby Cohen....
>
> I do agree that maybe the OLD type of technical analyst is DEAD in these
> big companies (Citi, HSBC here in London to give you another example -
> and n HSBC there was NO CMT). But maybe not entirely for TA faults...
> Maybe it is the thick mentality of these managers
>
> Technical Analysts will move in different companies, smaller ones. They
> will re-invent themselves.
>
> Maybe it will be the end of the rubbish that it is Gann and Elliott
> waves finally - and T.A.s should become semi-Quants and offer somewhat
> proof that their analysis can offer a positive expectancy in trading.
> Who knows?
>
> IF one follows your line of thinking Mark, one should say also that Phd
> are shit only because of what happened in LTCM. There were only PhDs
> there if I recall correcly and look what happened. So a PHD would not be
> worth a penny to trade as well? Happy now?
>
> So those companies hiring PhDs are going to screw themselves sooner or
> later according to your thought process
>
> What about that?
>
> Ciao
>
> Riccardo
>
>
>
> > -----Original Message-----
> > From: Mark Simms [mailto:mar.ko@xxxxxxxxxxx]
> > Sent: Friday, February 18, 2005 5:31 PM
> > To: omega-list
> > Subject: RE: Salomon Smith Barney Technical Analysis is gone
> >
> >
> > "..> Assuming Louise Yamada is one of the better TA people,
> > what does that say about TA......"
> >
> > EXACTLY. Based on this news, I don't think a CMT cert now is
> > worth the paper it's printed on.
> >
> > Check the HedgeFund job sites: PhD Quants the only one's in
> > demand for high frequency trading systems.
> >
> >
> >
> > > -----Original Message-----
> > > From: Henri Amand [mailto:h.amand@xxxxxxxxx]
> > > Sent: Friday, February 18, 2005 9:34 AM
> > > To: omega-list
> > > Subject: Re: Salomon Smith Barney Technical Analysis is gone
> > >
> > >
> > > indextrader wrote:
> > >
> > > > I'm sure if they were any good and generated a profit
> > over and above
> > > > what was needed to cover their overhead, they'd still be around.
> > >
> > >
> > > Assuming Louise Yamada is one of the better TA people, what
> > does that
> > > say about TA......
> > >
> > >
> > >
> > > >> Dear fellow colleagues and friends
> > > >>
> > > >> From today Louise Yamada TA dept. @ Salomon is no more
> > > >>
> > > >> The whole department proud of decades of tradition of
> > charting is
> > > >> gone, victim of the latest "efficiency" cut
> > > >>
> > > >> I am appalled by this event and lost for words
> > > >>
> > > >> Riccardo Ronco
> > > >> FBR Intl. London
> > > >>
> > > >> --
> > >
> > >
> >
> >
> > --
> >
> >
>
> --
>
>
> --
>
>
>
>
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