All Star Interviews Season 3, Episode 11: Walter Deemer, Technical Analyst With 57 Years Of Experience

JC Parets
October 7, 2019

Walter Deemer has been a Technical Analyst for 57 years, after starting his career at Merrill Lynch working for legendary Technician Bob Farrell. He is a founding member and past president of the CMT Association and coined the phrase, "When the time comes to buy, you won't want to!", which is the title of one of the books he's authored. We're lucky to have someone on the podcast who was in the business at a time when interest rates were NOT in a downtrend! In this episode, Walter talks to us about what it was like charting in the 1960s and 70s and what sentiment was like as we entered the 1980s and one of the greatest economic expansions in America history. "Watch their feet, not their mouths", is what Walter Deemer says when he encourages us to look at what investors are doing, rather than their opinions. This was a great conversation where we discuss what he calls our "Shoulda Fund" and what the Breakaway Momentum Strategy (breadth thrusts) means to him. I really enjoyed this one!

  • DJIA "Breakaway Momentum"
  • S&P500 Forward Tendency after Breakaway Momentum
  • 1-year Forward Tendency (Avg, Mean, Anytime)

DJIA "Breakaway Momentum"

Post 1945

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S&P500 Forward Tendency after Breakaway Momentum

Spreadsheet

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1-year Forward Tendency (Avg, Mean, Anytime)

1yr

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Disclaimer: The information, opinions, and other materials contained in this presentation is the property of All Star Charts, a wholly owned subsidiary of Allstarcharts Holdings, LLC, and may not be reproduced in any way, in whole or in part, without express authorization of the copyright holder in writing. The statements and statistics contained herein have been prepared by Allstarcharts Holdings, LLC based on information from sources considered to be reliable. We make no representation or warranty, express, or implied, as to its accuracy or completeness. This publication is for the information of investors and business persons and does not constitute an offer to sell or a solicitation to buy securities or subscribe for interest in any investment. This document may include estimates, projections and other "forward-looking" statements, due to numerous factors, actual events may differ substantially from those presented. Opinions and estimates offered herein constitute Allstarcharts Holdings, LLC's judgment and are subject to change without notice, as are statements of financial market trends which are based on current market conditions. An investment in the fund is subject to loss of capital and is only appropriate for persons who can bear that risk and the nature of an investment in the fund. Allstarcharts Holdings, LLC is not a registered investment advisor or registered investment company. These materials are not intended to constitute legal, tax, or accounting advice or investment recommendations. Prospective investors should consult their own advisors regarding such matters.

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