The AAII Eastern Michigan Chapter presents...

Why Technical Analysis Doesn't Work--and Why People Use It

    Discussed by:

    Gary Harloff, Ph.D.
    Founder, Harloff Capital Management

Gary Harloff will explain the limitations of technical analysis and why people continue to use it. In his discussion, he will explain a better, more quantitative method of managing portfolios that has been highly successful, as measured by Timer Digest.

Attend This Meeting and Learn...
How the European Central Bank’s monetary and fiscal policies may affect the U.S. and our markets
How Iran’s intransigent nuclear policy could roil our markets
What our fiscal cliff is and the chances of its occurrence

Wednesday, April 3, 2013
6:30 p.m.    Registration/Social/Refreshments
7:00 – 9:00 p.m.    Program
8:45 - 9:00 p.m.    Q& A
Troy Community Center
3179 Livernois
North of Big Beaver on the West side)
Troy, MI
[ Map This Location ]
In Advance (by 9/4)
AAII Members & Family, $10/person/couple; Nonmembers,
At the Door
AAII Members & Family, $15/person/couple;
Nonmembers, $15/person
No Refunds

  Special Interest Groups (SIGs)


Computerized Investing & Mutual Fund Investing
Jack Lockman,
Now combined, these SIGs meet regularly each month on Saturday at 10:30 a.m. at the Farmington Community Library, 32737 12 Mile Rd., 1/2 mile west of Orchard Lake Rd. This group discusses software used in both fundamental and technical analysis. It also provides a variety of strategies for investing in stocks, exchange-traded funds (ETFs) and mutual funds. Go to for the most up-to-date schedule of meeting dates.

Managed Risk Investors (Previously known as FastTrack)
Tim Hudson,
This SIG meets regularly on the SECOND Monday of each month at 6:45 p.m. at the Troy Community Center, 3179 Livernois Rd., Troy, MI, on Livernois just north of Big Beaver Rd. The group consists of active investors who share investment and trading knowledge. The goal is to profit from investments while managing risks, primarily using mutual funds and ETFs.

Jim Melillo,
The MetaStock group has monthly meetings on Saturday at 10:30 a.m. at the Farmington Branch Library, 23500 Liberty St., Farmington, MI 48335. The Metastock group reviews various technical analysis techniques, with special emphasis on the Metastock program. Go to for a schedule of meeting dates, times and venues. Email Jim Melillo for confirmation of dates and times at

For more current information about all of the subgroups, meeting dates and the chapter, go to

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