February 2017 Meeting


Thursday, February 2nd at 7:30 PM

The Ring House
1801 East Jefferson Street
Rockville, MD 20852

Main Presentation Speaker:

Dennis A. Kranyak
President, Society of Market Technicians


Trading XIV on a 30 Minute Chart

Join us for our February meeting for a double header.  In part one of the meeting Dennis A. Kranyak, SMT President, will explain and explore the simple stochastic method he has been using to trade XIV, the VelocityShares Daily Inverse VIX ST ETN.  He will cover time frames, indicators, entries, exits, market considerations and expected results.  Dennis has been in the market since 1968 and has been a full time trader since 1996.  Additionally, he provides market commentary and analysis on his website, www.UnRulyDog.com.


For the second part of the meeting we will have our second Book Auction, to auction off more books out of the SMT Library.  Our first auction in December was a great success, and we raised almost $200 for SMT.  If you are interested in having a say as to what books will be auctioned off, go to the SMT web site, click on the Resources menu tab, then select SMT Library.  You can search through over 600 titles.  If you find something you would like to bid on, send Vas (The Librarian) an email at Vas@pobox.com and let him know which book/books you would like to bid on.  Vas will bring those books to the meeting for auction in addition to some of his favorite selections. All book bidding will start at $5.

Members are reminded dues for 2017 are due.  Still $40, we have not raised dues in over 20 years.  Members may pay dues by check or cash at the meeting ($40), by credit card at the meeting ($42 total using our mobile reader), or on the SMT web site ($42) using either a credit card or PayPal.  Web site and credit card payments are an additional $2 to cover SMT online banking costs.

Prior to the meeting, Dennis A. Kranyak, SMT President, will be on Carolann Brown’s radio show on WCRN News Talk Radio AM 830 from 10:00 – 11:00 AM, Thursdays, January 19, 2017, February 2nd, February 16th, and March 2nd 2017. (Note: these dates and times have changed from those originally posted) For those outside the Boston area, you can listen to the show live on line by going to www.wcrnradio.com and clicking on the “Listen Live” icon on the upper right of the home page.  Be sure to allow for some time to set up your computer prior to the start of the broadcast.

 A reminder, our meeting will be held in the downstairs social hall and we will have high speed WiFi available.

If you missed any of our meetings since June 5th, 2014, members can log on to the SMT web site and view the video of the meeting presentation in addition to downloading the presentation. Go to the “Resources” menu tab, then select “Meeting Videos”

SMT logo coffee mugs will be available for purchase at the meeting, $5 for members, $7.50 for non-members.  If you are a member and have not picked up your SMT lapel pin, see Sondra Katz at the meeting. The new SMT logo Power Bricks will be available for sale to members for $15, $17.50 for non-members.powerbricksemail