Applying Our Measurement Expertise to Investing [Recalibration]

This paper is about measurements but not electrical measurements. It is about measuring stock market patterns. After a 38-year career in fields closely related to electrical measurements, I retired in 1996 and started looking into how I was going to invest my retirement nest egg. I discovered a method called "technical analysis" and was hooked. Technical analysis attempts to find good trades and investments by measuring characteristics of the past prices of an investment. I was right at home with these charts since they looked very similar to the waveforms on an oscilloscope screen. This paper describes how our instrumentation and measurement skills can be applied to financial markets to give us an "unfair advantage" in trading and investing.