February Meeting

Thursday, February 6, 7:30 PM at The Ring House

The next SMT meeting will be held 7:30 Thursday, February 6, 2014 at the Ring House in Rockville, Maryland.  The speaker will be our own Mel Dickover, presenting:

“A Meditation on Expertise, Prediction and Trading”

The presentation will address the following questions:

-What are the limits of meaningful prediction, and why
-Why intuition fails in the market
-Why experts make bad predictions
-Why you believe their nonsense predictions anyway
-Why markets are not efficient
-Essential nature of and the difference between fundament and technical trading
-When investing or trading is really gambling
-How can technicals improve fundamental trading
-Prediction in technical trading
-Can trends be predicted? Trending?
-Indicator lag, prediction, and trading
-A view of idealized technical trading
-Does fear improve your trading?

Join us for this introspective look at this interesting time in the market. If you have a short presentation for the second half of the meeting, contact John Nelson @ prior to next Wednesday.


January Meeting
Thursday, January 9, 7:30 PM at The Ring House

** For the second time in as many months, our originally scheduled speaker, Hima Reddy, has canceled.  All members should note that our January 2014 meeting is on the second Thursday, January 9th vice the day after New Years Day.  Our July 2014 meeting has also been rescheduled to the second Thursday of the month.

Members are invited to contact Dennis Kranyak @ if they have a presentation they would like to add to January’s meeting.  Dennis will provide a market review, AIM system performance update (2013 was a banner year), and a review of his 15 dividend stock picks for his Meat & Bones Portfolio for 2014.