About Larry Katz
 Larry Katz serves as both editor and research director of Market
Summary and Forecast.
Prior to launching
this newsletter in March, 1995, Larry was director of technical research
for a Los Angeles, California, securities firm.
He is a full member in the Market Technicians Association and both
a founder and the president of their Southern California Chapter
Larry
is a regular contributor to Top Advisors Corner on
DecisionPoint.com.
He has been a regular guest on the Business Channel (KWHY-TV,
Channel 22) in Los Angeles with Richard Saxton as well as the increasingly
popular
AegeanCapital
web site (featuring live interviews).
His numerous personal appearances include speaking to such groups
as the Market Analysts of Southern California (MASC), the Omega users
group of Thousand Oaks, California, and North Orange County, California,
West Coast Cycles Group and the Market Technicians Association, Atlanta
Chapter. Additionally, Larry provided an extensive workshop on
Elliott Wave analysis at the Market Technicians Association 1999 Annual
Seminar at Manhattan Beach, California.
In
addition, Larry has been a regular commentator on the Reuters Financial
network, both in the US as well as in Japan, and was published in the
Market Watch section of Barrons Magazine on a number of occasions.
He regularly provides market commentary at
MarketMavens.com,
InsidersStreet.com and Sunny Harris'
MoneyMentor.com. Interviews of
Larry appear frequently on numerous other web sites and publications.
Elliott
Wave analysis is an integral part of his daily analysis of the markets,
but over the years he has found that, like all other disciplines, Elliott
Wave is only one tool in a technician’s arsenal. He not only uses
Elliott Wave, but also works with both momentum and sentiment. In fact,
momentum and sentiment play a more important roll in determining his
short, medium and long-term market views than Elliott. In his work, he has
found Elliott to be more helpful on a medium and long-term basis rather
than over the short-term. His
work, and market views are based totally on the technical indicators that
he follows. “We do not use
any fundamental analysis in our market views. It is our opinion that the
market moves on investor perceptions of future fundamental developments.
Current events are stale and have already been factored into stock
prices. Everything we need to know about the market can be seen in the
charts and the indicators. Knowing
why something may happen is not important. What is important, is knowing what
is happening. That is really all that matters.”
Larry does not use automated timing systems or any complicated
market models. He does have a
proprietary technical barometer that has been very good on a medium and
long-term basis and also a 12-component sentiment composite. However,
these are but two more tools in his kit of indicators.
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