Louis B. Mendelsohn
Louis B. Mendelsohn is President and Chief Executive Officer of Market Technologies. Mr. Mendelsohn began trading equities in the early 1970s, followed by stock options. Then, in the late 1970s he started trading commodities, as both a day and position trader. In 1979, he formed Market Technologies to develop technical analysis trading software for the commodity futures markets.
In 1983, Mr. Mendelsohn pioneered the first commercial strategy back-testing and optimization trading software for microcomputers. By the mid-1980s these capabilities had become the standard in microcomputer trading software for both equities and futures, fueling the growth of today's multi-million dollar technical analysis software industry.
Recognizing the emerging trend toward globalization of the world's financial markets, in 1986 Mr. Mendelsohn again broke new ground in technical analysis when he developed the first commercial intermarket analysis software in the financial industry for microcomputers.
Building on his extensive research in the 1980s involving intermarket analysis, in 1991 Mr. Mendelsohn released VantagePoint Intermarket Analysis Software, which makes short term market forecasts based upon the pattern recognition capabilities of neural networks.
Since then, Mr. Mendelsohn's research has continued to focus on intermarket analysis and market forecasting. Mr. Mendelsohn has written extensively since 1983 in many prominent financial publications including Barron's, Futures, and Technical Analysis of Stocks & Commodities. He has been widely quoted in the financial media including the Wall Street Journal and Investor's Business Daily, has collaborated on more than half a dozen books on technical analysis, and has been interviewed live on national radio and television, including CNNfn, Bloomberg Television, and CNBC. Mr. Mendelsohn's first book, Trend Forecasting with Technical Analysis: Unleashing the Hidden Power of Intermarket Analysis to Beat the Market, was released in December 2000. His second book, Forex Trading Using Intermarket Analysis: Discovering Hidden Market Relationships That Provide Early Clues For Price Direction was released in March 2006.
Because of his achievements in the application of computers and information technologies to technical analysis over the past quarter century, Mr. Mendelsohn’s biography is included in Marquis Who’s Who in the World, Who’s Who in America, Who’s Who in Finance and Industry, and in a time capsule at the White House in Washington, D. C. He has been a full member of the Market Technicians Association since 1988 and a colleague of the International Federation of Technical Analysts.
Born in 1948 in Providence, Rhode Island, Mr. Mendelsohn received a B.S. degree in Administration and Management Science from Carnegie Mellon University’s Tepper School of Business in 1969, an M.S.W. degree from the State University of New York at Buffalo in 1973, and an M.B.A. degree with Honors from Boston University in 1977.
As an avid collector of antique office technology and equipment, Mr. Mendelsohn has antique typewriters and pre-electric calculating machines (which are early forerunners to today’s personal computers) that date back to the late 1800s on display in his private office. He also collects classic cars, including his favorite, a 1937 Buick four-door sedan luxo-rod. Mr. Mendelsohn, his wife of nearly 30 years, and two of his three sons live on a ranch near Tampa, Florida where they raise Paso Fino horses and a variety of cattle and other livestock.
Book by Louis B. Mendelsohn:
Forex Trading Using Intermarket Analysis
This book explores the application of intermarket analysis to the foreign exchange market, the world's largest and most widely traded financial market. Intermarket analysis helps traders identify and anticipate changes in trend direction and prices due to influences of other related markets as financial markets have become interconnected and interdependent in today's global economy
Trend Forecasting with Technical Analysis
Market methods from the last century won’t work in this one and Louis Mendelsohn’s breakthrough book takes technical analysis to a new level. Mendelsohn presents a comprehensive approach combining technical and intermarket analysis into one powerful framework for accurately forecasting trends.
-Precise trading strategies that work for day & position traders
-The limitations of traditional technical analysis methods
-How to accurately forecast moving averages using intermarket analysis and neural networks.