Louis B. Mendelsohn, President and Chief Executive Offi cer of Market Technologies, LLC, is a world-renowned pioneer in the appli- cation of personal computers to technical analysis and the global fi nancial markets and is the developer of VantagePoint Intermarket Analysis Software.
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, a M.S.W.
degree from the State University of New York at Buffalo in 1973, and a M.B.A. degree with Honors from Boston University in 1977.
Mr. Mendelsohn began trading stocks and options in the early 1970s when he was in graduate school. Then, while employed as a hospital administrator in the late 1970s, he began trading commodities, as both a day and position trader, and started writing software programs for himself and other traders to analyze the commodities markets. This led to the founding of Market Technologies in 1979. Since then, he has served as the fi rm’s President and Chief Executive Offi cer, overseeing all aspects of the company’s phenomenal growth.
In 1980 he left hospital administration to devote his full attention to trading and applying personal computers to technical analysis. Three years later Mr. Mendelsohn introduced Profi tTaker, the fi rst commer-
Trend Forecasting With Intermarket Analysis: Predicting Global Markets With Technical Analysis, 2nd Edition
By Louis B . Mendelsohn
Copyright © 2013 by John Wiley & Sons
cially available strategy back-testing and optimization trading software for personal computers in the fi nancial industry.
Mr. Mendelsohn was one of the fi rst professionals in the fi nancial industry to recognize the emerging trend toward globalization of the world's economy and fi nancial markets in the mid-1980s and again broke new ground in the fi eld of technical analysis when he developed Trader, the fi rst commercially available intermarket analysis trading software for personal computers in the fi nancial industry.
Building on his extensive research since the mid-1980s involving intermarket analysis applied to global market data and trend forecast- ing, in 1991 Mr. Mendelsohn released the fi rst version of VantagePoint Intermarket Analysis Software, which uses a highly sophisticated mathematical tool known as neural networks to analyze the effects of multiple global markets on each other and make short-term market forecasts.
Since then, Mr. Mendelsohn's research has continued to focus on the global fi nancial markets, the application of intermarket analy- sis to global market data, and how to use this information to make highly accurate, short-term market forecasts. Mr. Mendelsohn has written extensively since 1983 in many prominent fi nancial publica- tions including Barron's, Futures, and Technical Analysis of Stocks
& Commodities. He has been widely quoted in the fi nancial media including the Wall Street Journal and Investor's Business Daily, has collaborated with other technical analysis experts on more than half a dozen books on technical analysis, and has been interviewed live on national radio and television, including CNN, Bloomberg Television, and CNBC. Mr. Mendelsohn’s fi rst book on intermarket analysis, Trend Forecasting with Intermarket Analysis, was published in December 2000. His second book, Forex Trading Using Intermarket Analysis, was released in March 2006.
T R E N D F O R E C A S T I N G WI T H I N T E R M A R K E T A N A LY S I S
Because of his pioneering achievements in the application of personal computers to technical analysis over the past quarter-century, Mr.
Mendelsohn's biography was selected for inclusion 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.
Mr. Mendelsohn has been invited to speak at numerous fi nancial con- ferences and symposia, including the Futures Industry Association annual meeting, Futures Symposium International, the Harvard Business School Alumni Club, Futures Truth, and the annual meeting of the Association for Investment Management and Research.
Since its founding by Mr. Mendelsohn, Market Technologies has been at the forefront in the development of technical analysis trading soft- ware to assist traders in the fi nancial markets. Located in the Tampa Bay region on Florida’s west coast since 1979, the fi rm has customers in more than 90 countries throughout the world.
In 1999 Market Technologies was honored by then-governor Jeb Bush for its ranking as the 29th fastest growing privately-held company in Florida in the Florida 100 competition sponsored by the University of Florida, Deloitte & Touche LLP, PricewaterhouseCoopers LLP, and Raymond James & Associates, Inc.
From 1998 to 2002 Market Technologies also ranked as one of the fastest growing technology companies, both public and private, in the Tampa Bay Fast 50 competition sponsored by Deloitte & Touche LLP.
In 2004 Market Technologies was recognized by Inc. magazine as one of the fastest growing privately-held companies in the United States.
Well-known companies that have been selected for the Inc. 500 list